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: Can cross-sector collaboration help find solutions to wicked problems? A project involving civil society, business and government, unprecedented in scale and speed, shows that joining forces can bring success in the face of a crisis.
C SUMMIT: Business leaders are ready to ‘do the right thing’ but need the ‘radical collaboration’ of philanthropists and corporate social investors as their catalysts – agree Halla Tómasdóttir of The B Team and EVPA chair Steven Serneels.
C SUMMIT: Corporate social investors and parent firms are working together more strategically, partly driven by Covid-19, as the experiences of two European insurance firms show.
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: Sanofi Espoir Foundation boss says the pandemic has confirmed its conviction that medicine and healthcare are not the full solution for global health challenges – while Repsol Foundation leader predicts a "time for doers".
C SUMMIT: The first carmaker to set up its own social entrepreneurship scheme is placing social impact even higher up the firm’s agenda. But some fear corporates more generally will continue to put the brakes on, despite this year's crisis.
C SUMMIT: Organisations need to collaborate to build a circular economy – but putting in the time and effort, shared ambition and navigating the 'machinery of government' are all important if they want to be successful.
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.