Beware enthusiasm doesn't become naivety – we need to confront the reality of business, says Trafigura Foundation boss Vincent Faber, as he looks back at the buzz of a recent gathering of corporate social investors.
C SUMMIT: All the components of a company – foundations, impact investment funds and regular business – should work together towards a joint vision of meaningful social impact, says sustainability boss at Schneider Electric.
C SUMMIT: Although many corporate foundations are still enjoying stable income streams and, for some, even more interest from their donor corporations, they must be sure to prepare for the inevitable impact of Covid-19.
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”.
Covid-19 exposed a philanthropic sector that wasn't fully prepared for the challenges of the pandemic. But "unprecedented" global collaboration since March will boost philanthropy's fitness for the future.