What's their long-term strategy after the publicity dies down?
A great development last week from the evolving world of companies aligning business strategy with their social purpose – the splashy and heavily publicized decision by the US-based CVS Caremark pharmacy chain to “stop selling cigarettes and tobacco products at its more than 7,600 stores nationwide by October 1, 2014.” CVS’ own full-page ad in the Boston Globe summed it up best by saying
WASHINGTON, D.C., Janaury 20, 2014 /3BL Media/ – On January 20, 2014, during the annual MLK Day of Service, the MLK Pro Bono Dream Lab will convene nonprofit organizations and community members in Washington, DC to continue advancing Dr. King's dream. Organized by DC Social Innovation Project, IMPACT, and Taproot Foundation DC, the MLK Pro Bono Dream Lab will bring together skilled volunteers, community members, and local organizations for a day of impact through pro bono service.
Have you heard of Charitybuzz? If not, well, you have been missing out, as it is the place to find extraordinary experiences and luxuries to benefit charities. Its unique online auctions bring together hundreds of the world's most acclaimed celebrities, luminaries and brands to give people an unforgettable experience, where you can feel good knowing that every winning bid supports a good cause.
Impact investing network backs energy-saving window company
December 17, 2013 /3BL Media/ - The Patient Capital Collaborative, an affiliate of Investors' Circle, the world's largest impact investing network, has closed an investment in Indow Windows, allowing the award-winning thermal window insert manufacturer to complete a successful $2.6 million Series A fundraising round.
December 10, 2013 / 3BLMedia/ - Join @3BLMedia, @SusanMcP1, and @davidcoethica to explore why social innovation should be at the heart of your CSR approach. Learn about great real world examples and gain a better understanding why collaboration will be the innovation frontier in 2014.
Guest blog by Michael Townsend, Founder and CEO of Earthshine Solutions, and author of The Robust Guide to Sustainable Business (forthcoming)
Since the collapse of communism, more than twenty years ago, capitalism has been, more or less, the only show in town. As a system for running our economies, it is widely acclaimed for having delivered an era of unprecedented growth and prosperity.