What does it take to change a corporation into a force for good? The former CEO of Danone – a champion of purpose-led business – shares four ways senior managers can ensure they're pushing for positive change.
“Everything starts with imagination,” the Nobel prize laureate says, calling on social entrepreneurs to follow the lead of science fiction creators – and advising budding intrapreneurs to be “outrageously bold” in their ideas.
Most corporate employees believe they could help their firm have more positive impact – yet three-quarters say that's unlikely to happen soon. A gloomy outlook? Not necessarily – especially with growing support for intrapreneurs.
The sacking of Danone's boss can be seen as a vote of no-confidence in his commitment to do business for good. But the company’s legal status will make it difficult for new executives to change course on sustainability.
PLUS: Covid-19 announcements you may have missed; ADB Ventures tech fund raises first $50m; EU invests €1m in Oneplanetcrowd platform; grants for UK energy innovators; and more from the world of investing for good.
Those pushing impact investing need to address three key questions if it is to fulfil its potential. In the first of a three-part series, our contributor asks: is the current swell of mainstream interest in impact investing helpful or harmful?