10 Years Of Social Business: Anniversary Report And 2021 Annual Report
10 Years Of Social Business: Anniversary Report
Has it really been ten yeas? Looking back, it is staggering to see how far we and the social-impact sector have come since that first fateful encounter between our Chairman Nobel Peace Laureate Prof. Muhammad Yunus and our CEO Saskia Bruysten.
The concept of picking up the tools of business and applying them to tackle social and climate challenges was, at that time, almost unheard of. When we brought the idea to funders and corporations, we were almost always met with a roomful of blank stares and raised eyebrows.
Now, a decade later, we are happy to see that we have been able to prove this model. Our portfolio of social businesses overall has served 17.8M customers, supported incomes for 1.3M people, and avoided 5M tons of carbon emissions in India, East Africa and Latin America.
Discover the facts, figures and faces behind our journey in our 10-Year Anniversary Report.
It takes a village to build a world of three zeroes
Needless to say, the increased global focus on business as a force for good has not by a long shot been the work of our team alone, nor, for that matter, has even our own success. Rather, both have been the patchwork tapestry of thousands of hands: social-business entrepreneurs, forward-looking funders, intrepid social intrapreneurs, our teams in all our operating countries and supporters in manifold forms.
For this reason, we have made our theme for this year ‘It Takes a Village.’ That is, it takes a village to create a world of zero poverty, zero unemployment and net-zero carbon emissions. We wish to take this opportunity to highlight some of the incredible partners who have shared our vision, taken chances on us, partnered with us and worked together towards achieving our ambitious goals. For those of you reading this to whom this refers - and you know who you are - a big, big thank you goes out to you!
A fruitful partnership – An Interview with Lisa-Katharina Guggenmos, from MAN Truck & Bus
Yunus Social Business’s ‘Social Business Accelerators’ help corporates connect to exciting social entrepreneurs and engage their employees in unique mentoring experiences for social change.
COVID Response Alliance for Social Entrepreneurs, Initiated by YSB and WEF’s Schwab Foundation
Social Entrepreneurs and small and growing businesses (SGBs) have been acting as frontline responders during the COVID-19 pandemic, providing services to the most vulnerable populations. But the crisis shed light on the constraints & challenges they face. We call on on corporations, (impact) investors, funders, support organizations and government institutions to stand by social entrepreneurs
Indian Social Business, Waste Ventures, Support Their Waste Pickers Through The Crisis
These have been difficult times for our portfolio companies. They are working hard to protect those they employ and serve. In India, Waste Ventures recycle plastic and improve the lives of waste pickers. As they are dependent on revenues from previous months to meet their expenses, the abrupt pause to their activities has made their ability to pay their workforce much more difficult.
