Profit with Purpose

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Comment by Jeff Mowatt on May 29, 2011 at 8:21

Pascale, It seems to be a word which has many levels of interpretation. The one I focus on is the social justice of those disenfranchised and considered disposable. In a blog, I try to convey the Ethics of People-Centered Economics  

In 2009 when Karen Armstrong launched the Charter for Compassion which is based on the Golden rule of reciprocity, it had struck me that this argument for people not to be considered disposable was congruent with this advocacy, so we became partners of the charter

You may observe the social justice theme in the advocacy that follows, particularly the case of Death Camps, For Children

Comment by Pascale Scheurer on May 13, 2011 at 16:49

Can anyone point me in the direction of a solid definition of 'Ethical Business' or 'Ethical Lifestyle' please?

There are so many different ways to measure one's carbon footprint (all different of course), I wonder if there is something similar that takes in social justice issues too. Grateful for any leads on this.

 

Pascale

Comment by Pascale Scheurer on May 13, 2011 at 16:47

David -  I enjoyed your blog post.

 

Gines - that event looks fantastic, I hope I can make it. WIll it be available as a video upload afterwards?

Comment by Ginés Haro Pastor on May 13, 2011 at 15:24

Hi Everyone!!

Professor Muhammad Yunus, Nobel Peace Prize Laureate, the founder of Grameen Bank and champion of social business will be at NESTA for a morning seminar on Tuesday 24th May 2011.

Grameen with its 8 million borrowers is a global icon of social business and the empowerment of the poor.

Please join us to hear more about how together we can achieve Professor Yunus’s long-term vision to eradicate global poverty.  

The event will be chaired by Liam Black, NESTA Trustee and co-founder of Wavelength, a global network bringing together business leaders and social innovators.


To register for this event, please click here

Date: Tuesday 24 May 2011
Time: 9:30 - 11:00am (registration opens at 9:00am) 
Venue: NESTA, 1 Plough Place, London, EC4A 1DE

 

It would be nice to see you there. Let me know if you are going! :-)

Comment by David Floyd on May 13, 2011 at 14:18

Some thoughts on social enterprise and The Apprentice: http://beanbagsandbullsh1t.wordpress.com/2011/05/13/okay-the-skys-t...

Comment by Pascale Scheurer on May 13, 2011 at 13:31

Hi Dan

 

Thanks for posting this. I'd be very interested, having just sold up out of my previous business and in process of setting up an ethical startup. I'll have a look at the website right now.

 

Cheers, Pascale Scheurer FRSA

Comment by Dan Lehner on May 13, 2011 at 13:16

Hi everyone,

 

Just a quick note to mention UnLtd's new funding and support programme: the Big Venture Challenge.  We're looking for England's 25 most ambitious social entrepreneurs - looking to rapidly scale up their venture and take on external investment.  We're offering intensive business support over 3 years and up to £175k in grant-funding.

 

Visit the website and/or contact me if you'd like to find out more...

 

Dan

Comment by Jeff Mowatt on March 5, 2011 at 10:28

Noting that Profit for Purpose now has a Linkedin group, where I'm a pending member I wondered how many knew of  or has joined a similar group described as Social Business and For Benefit Corporations which has around 600 members. The emphasis is on business which maximises a social rather than a financial return.

Comment by Pascale Scheurer on February 25, 2011 at 16:15

Hi Kim

 

I've replied by email as you've probably seen. Just to say that yes I would love to stay involved with PwP (and perhaps to debate the issue with someone from Shell) - always keen to engage in debate with people with other viewpoints, and always open for persuasion...

 

Difficult choices for all.

 

Best regards, Pascale

Comment by Kim van Niekerk on February 25, 2011 at 15:51

Hi Pascale,

Thank you for your thoughts on the event and I hope we will get the chance to meet in the near future.

 

 I hope it will help to explain that we set the PwP Network up because we were heavily concerned that the traditional businesses which have followed a profit driven approach have all too often been marginalised by criticism and judgement of their past and current behaviour. It has often backed them into a corner of defending their business practice, rather than encouraging them to open doors to creative and sustainable alternatives.

It is why we decided that the role of this Network was to be inclusive to all businesses, to provide a safe space for them to share their concerns about their challenges and to dive into the creative skill of the RSA's Fellowship to help them develop solutions to the social and environmental issues that they face.

 

For this reason we made a clear choice that we would not take the role of a campaigning network. There are superb bodies out there already doing this. Instead, we hope to attract all companies (of the best and worst reputations) to become sponsors and participants with the ambition of helping them along the journey towards making profit and simultaneously achieving a greater social and environmental purpose.

 

I do hope the network will get to benefit from your involvement, but understand it is not for everyone.

 

Best wishes,

 

Kim

 

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