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Jun 23

AVPN Learning Circle: Making Progress On Wicked Problems – Leveraging a Whole-Systems Approach to Addressing Modern-Day Slavery

June 23 @ 2:00 pm - 3:00 pm

Many of the issues social investors attempt to address are wicked problems, which cannot be easily defined and lack simple solutions. Forced labour and sexual exploitation of Asia’s most vulnerable children, women and men is one such wicked problem that is often underlooked.

How can we programmatically and strategically grapple with these pervasive challenges that undermine many of our good efforts to improve health care, education and financial empowerment? Who are the collaborators and stakeholders with whom we can co-create solutions, and what is the mindset required to progress on these wicked problems?

This learning circle will unpack the challenge of addressing these complex social challenges from the lens of philanthropists, policy-makers, impact organisations and other stakeholders.

International Justice Mission, will share how it partners with governments, corporate investors and local communities around the world to implement a Protectional Model to protect people living in poverty or extreme vulnerability from violence. We look forward to hearing your insights and questions on tackling wicked social problems together.

Details

Date:
June 23
Time:
2:00 pm - 3:00 pm

Venue

Online

Inclusive Business

Companies may choose to adopt an inclusive business model or approach that provides goods, services, and livelihoods on a commercially viable basis to people living at the base of the pyramid (BoP). Depending on the nature and size of the organisation, companies can do this by directly incorporating the BoP in their core value chain, or by piloting inclusive business initiatives through their corporate impact efforts.

Adapted from: Inclusive Business Action Network (IBAN)

Modules

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Self-paced

New

Building your inclusive business: How to identify funders

Corporate Social Impact Centre

Self-paced

New

Growing your Inclusive Business

Corporate Social Impact Centre

Modules

Explore the modules related to Inclusive Business

Creating Shared Value Through Inclusive Business Strategies

By CSR Asia

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This paper by CSR Asia outlines how inclusive business (IB) strategies can create shared value and walks through practical steps companies can take to develop an effective IB strategy. It makes a case for inclusive business and demonstrates how companies can leverage aspects of their value chain to create opportunities for low-income communities. You will also find a number of case studies from around the Asia region.

Corporate Foundation

Corporate foundations (or company-sponsored foundations) are philanthropic organisations that are created and financially supported by a corporation. The foundation is created as a separate legal entity from the corporation, but with close ties to the corporation. Corporate foundations tend to make grants in fields related to their corporate activities or in communities where the corporation operates, or where their employees reside.

Source: Council of Foundations

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Corporate Social Impact Accelerator

Companies may establish Social Impact Accelerators to help enterprises looking to address a social problem over an extended period of time with a mix of financial and non-financial support, including seed funding, mentorship, training, networking and working space.

Learn more about Corporate Social Impact Accelerator

Employee Engagement

Employee engagement is any formally organised support or encouragement from companies to leverage employee time, knowledge, skills or other resources to support impact organisations. Employee engagement can vary from corporate volunteering (hands-on or skill-based, virtual or on-site volunteering) and/or corporate giving (payroll giving, employee matching) to co-investment programmes.

Source: EVPA, 2018

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Corporate Social Responsibility

Corporate social responsibility (CSR) refers to strategies that companies put into action as part of corporate governance that are designed to ensure the company’s operations are ethical and beneficial for society. These may include initiatives to support the environment, fair labour practices, philanthropy and/or sustainable business practices.

Adapted from: Corporate Finance Institute (CFI)

Learn more about Corporate Social Responsibility

Corporate Impact Fund

Corporate impact funds enable companies to make investments that are aligned with and amplified by their strategic priorities, market position and resources in order to generation measurable and mutually reinforcing social, environmental and financial returns and outcomes.

Adapted from: Stanford Social Innovation Review (SSIR), 2021

Learn more about Corporate Impact Fund