Evolution or Revolution: The Role of Companies in the Purpose Economy

Evolution or Revolution: The Role of Companies in the Purpose Economy

September 25, 2020

“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

Women making waves: Female social entrepreneurs in the WASH sector

Stories from the two female founders in our Fight for Access Accelerator Nigeria mirror the reality of the burden of young girls without proper access to WASH, but also shine a light on the impact that empowered women in the sector can create.

Celebrating female leadership of social entrepreneurs within YSB's portfolio: Sheila Alumo

Harnessing the Power of Networks: Part III – Creating Communities

Building a network requires processes, structure and lots of alignment. But in order for the network to truly work, it requires trust and deep-felt human connection around a common purpose. For over 10 years, YSB has built a strong network and every year we are learning more about the effects of communities and networks. This allows us to address social problems in bold new ways.

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