Inclusive business in the news

In this section we collect note-worthy inclusive business updates

In this section, we will update you with announcements from the ecosystem of inclusive business, pre-selected according to their relevance for inclusive business ventures.

List: IB in the news

18. Sep 2019
UNDP Invites Comments on Standards for Private Equity SDG Investment

4 September 2019: The UN Development Programme (UNDP) has released a proposed set of standards to guide private fund managers towards investments that advance the SDGs. The standards are open for comment and consultation through 4 December 2019. The proposed standards titled, ‘SDG Impact Practice Standards for Private Equity Funds,’ aim to help the private sector move from interest in the SDGs to adopting good practice on SDG investments.

11. Sep 2019
Please take part in this survey about responsible business practices in agricultural supply chains in Southeast Asia

The survey by OECD will ask respondents about responsible business activities carried out by their company in order to understand how agribusinesses in Southeast Asia are implementing responsible business practices and in particular risk-based due diligence across agricultural supply chains. There is also a strong interest in understanding how the recommendations in the OECD-FAO Guidance for Responsible Agricultural Supply Chains (OECD-FAO Guidance) are being incorporated into company policy and actions. The survey will take approximately 20-30 minutes to complete.

3. Sep 2019
New $40m impact investment fund targets high-potential startups in rural Africa

Global consultancy firm Palladium has announced a US$40 million impact investment fund aimed at bridging the financing gap for small businesses in Sub-Saharan Africa. The Palladium Impact Fund I will provide capital for SMEs in emerging markets, focusing on agribusiness value chains and off-grid clean energy in Nigeria, Ghana and Kenya. Palladium said it aims to alleviate poverty and economically empower over 500,000 rural households, creating at least 3,500 full-time jobs.

29. Aug 2019
Business pledging against inequalities at the G7 summit 2019

Thirty-four leading global firms commit to tackling inequality by joining G7 Business for Inclusive Growth (B4IG) coalition powered by the OECD. The B4IG coalition was launched at the G7 Leaders’ Summit in Biarritz, France, taking place from 24 to 26 August 2019. Spearheaded by Emmanuel Faber, Danone Chairman and CEO, the coalition brings together 34 leading multinationals with more than 3 million employees worldwide and global revenues topping $1 trillion.

7. Aug 2019
Inaugural inclusive business forum in Cambodia develops strategy to strengthen policy environment

High-level Government officials, executive managers from inclusive businesses, intermediary and international organizations and other public and private stakeholders gathered in Phnom Penh today for the First Inclusive Business Forum for Cambodia, organized by the Ministry of Industry and Handcraft, with the support of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Inclusive Business Action Network (iBAN).

25. Jul 2019
Call for Papers: 1st Annual Conference of the Private Sector Development Research Network

The first Annual Conference of the Private Sector Development Research Network will focus on inclusive firms and markets and consider questions around characteristics of inclusive business, ways to measure impact, and ways to support inclusion by a range of actors. The event is taking place in Geneva on the 12th and 13th December 2019. Papers should be submitted by 1st September 2019. 

17. Jul 2019
G20: Inclusive business as priority for Saudi Arabia’s Presidency in 2020

Princess Haifa Al Mogrin, Saudi Arabia, announced the priorities for her country’s G20 Presidency in 2020, underscoring women’s empowerment and youth, infrastructure, food security, energy, human capital, climate change, inclusive business, water, and small and medium-sized enterprises (SMEs).

15. Jul 2019
Siemens Stiftung presents the winners of the Empowering People Award 2019

The epAward 2019 called on social entrepreneurs and developers across the globe to submit their innovative solutions. From around 800 submissions the evaluation teams selected the 11 most promising projects. Click the link below to find out more about the winning social enterprises: SOLshare (1st place), Nonspec (2nd place) and Mind Rockets Inc. (3rd place).

10. Jul 2019
Call for Application: The Acumen Fellowship program

The Acumen Fellowship program is building a pipeline of leaders who understand what it takes to create lasting social change. Fellows are social entrepreneurs, social intrapreneurs, and organizational builders who dare to do what’s right, not what’s easy. Applicants should be a citizen of — or demonstrate a concrete connection to — Colombia, Malaysia, East Africa, West Africa, Bangladesh or India and lead work focused on tackling poverty and/or injustice. Applications are open until August 11th, 2019.