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.
Is it no longer enough for companies to set up foundations or CSR departments? With many now creating more specialised impact vehicles, Karoline Heitman introduces new EVPA research exploring more holistic approaches for corporate social investors.
C SUMMIT: As EVPA releases a new guide on Collective Corporate Impact Strategies, the director of Danone Communities, a venture capital fund for social businesses, explains how “business for good is core to Danone’s DNA”.
Innovative companies and their corporate social investors are demonstrating a new, collective approach to impact – one that might just drive a shift in how big firms use their wealth, expertise and influence to “do good”.
How can corporates, and their foundations, drive systemic change? Daniel Nowack shares insights from research at Yunus Social Business – with examples of how some of the world's biggest commercial names are deploying more than just cash.