Evolution or Revolution: The Role of Companies in the Purpose Economy
Evolution or Revolution: The Role of Companies in the Purpose Economy
“Only when companies disclose their impact - negative and positive - will we live in a transparent, holistic economy.” - Paul Allard, CEO & Co-Founder, Impak Finance.
Watch our panel from EVPA’s Annual Conference.
We started into 2020 with a heavy focus on reshaping our economy – away from shareholder capitalism towards stakeholder capitalism. As the COVID crisis struck, it became even more apparent, which company has “systemic relevance” and which ones lack a purpose in this time of need. How does social innovation help companies to (re-)discover that relevance and turn it into action? Will the COVID crisis accelerate our push towards stakeholder capitalism? Or will it trigger a return to business as usual? We will bring together business and impact leaders to discuss the role of companies and their shareholders in reshaping our economy. We will deep-dive on 1) Trends in capital allocation in financial markets 2) The role of executives in shaping long-term corporate agendas 3) Bottoms-up versus Top-down transformation 4) The role of social innovation and intrapreneurship in corporate transformation 5) Purpose-washing and accountability.
Speakers: - Jayanth Bhuvaraghan, Chief Mission Officer, Essilor - Shannon Klinger, Chief Legal Officer, Novartis - Joachim Drees, Former CEO in the Automotive Industry - Mercedes Gutierrez, Head of Communities Engagement, Ingka Group (IKEA) - Andreas Bluethner, Director Nutrition, Bill & Melinda Gates Foundation - Paul Allard, CEO & Co-Founder, Impak Finance - Saskia Bruysten, Co-Founder & CEO, Yunus Social Business - Daniel Nowack, Managing Director, Yunus Social Business
Meet the Entrepreneur: Roshan Miranda from Waste Ventures India
Waste Ventures India has established a formalized market for waste streams which averts waste from landfill and creates higher incomes for the waste pickers, with standardized prices with upfront payments.
“I Was Truly Blown Away When I Heard the News” - Yunus Social Business Has Distributed 650k USD to H
Since the COVID-19 crisis began in January this year, we at Yunus Social Business have been acutely aware of the potential threat it poses to the populations we support. While governments in wealthy European countries have been subsidising employee salaries, this has not been the case for the emerging countries in which our portfolio Social Businesses operate.
Remote Work is Here to Stay
The work culture of our Corporate Team at YSB has always been geared towards remote working. This allows us to keep ahead of the curve in these ‘digital nomadic’ times by providing flexibility and autonomy to our employees.
