The 4 Ways Big Corporations Flirt With Socially Responsible Business

The last decade has given rise to many experiments by companies to incubate socially responsible business models. Large financial institutions have become hosts to microfinance divisions (Citi, Morgan Stanley). Energy companies have experimented with base-of-the-pyramid business models for emerging markets, aligning social utility (access to energy) with business strategy (long term growth). And social enterprise like The Body Shop and Ben & Jerry’s have been acquired by major multinationals. L’Oréal bought the Body Shop in 2006 and Ben & Jerry’s became part of Unilever in 2000. Read the full article on the Fast Company website:

http://www.fastcoexist.com/1678880/the-4-ways-big-corporations-flirt-with-socially-responsible-business?partner=homepage_newsletter

 

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