What is Inclusive Business?

Inclusive businesses provide goods, services, and livelihoods on a commercially viable basis, either at scale or scalable, to people living at the base of the pyramid making them part of the value chain of companies as suppliers, distributors, retailers, or customers.  

The term ‘base of the pyramid’ refers to the poor and low-income socio-economic group of society. In global terms, it currently comprises about 4 billion people living on less than US $6 to $8 per day depending on the region. People at the base of the pyramid often lack income opportunities and access to relevant and affordable goods and services, like water, food, healthcare or electricity.