As corporations invest in social ventures, their investment dollars — sometimes to the tune of $100 million, as with the TELUS Pollinator Fund for Good — determine which enterprises will scale and how, thereby influencing the ecosystem and catalyzing lasting positive change.
As Canada is juggling a number of urgent environmental and social crises, the need for organizations to consider their impact on the world is more important than ever. Social purpose leaders are pushing for businesses to bring their purpose to life by collaborating across sectors to create an ecosystem for a greener and more inclusive economy.
If today’s businesses would like to compete in an increasingly socially capitalist world, they’ll need to learn how to advance social capitalism within their own organizations —processes and values that have kept them ethical, sustainable, and more affordable than their competitors. This story is in partnership with the TELUS Pollinator Fund for Good.
Seven out of 10 Canadians believe companies should be able to show how they are bettering the world. Are social purpose companies the future? Find out why more local companies are embracing social purpose, and how it is impacting both their communities and bottom line. This is the second story in our series on Innovative Local Impact, crafted in partnership with United Way Centraide Canada.
