Earlier this year we took a group of philanthropists and partners to visit some of the social businesses in our portfolio in Uganda including Godson Commodities, Impact Water&Tugende. We also visited Kenya to see some of our pipeline companies. It was a fantastic opportunity to meet not only with the social entrepreneurs, but with the people whose lives have been changed with the products, services and higher incomes that the social businesses provide.
By leveraging the power of their people and their commercial acumen, Reckitt's objective with the accelerator is to scale innovative, locally designed approaches in Brazil that enable better access to health and hygiene by collaborating with social businesses.
Our Chief Investment Officer, Karen Hitschke, spoke to Gerd Hübner for Hauck & Aufhäuser Magazine about the investments we make with our philanthropic venture funds. Read the article in German below.
Since the 1980s, pioneers like Bill Drayton, Muhammad Yunus and Anita Roddick have led through action, creating powerful examples of business solutions to societal or environmental issues. They called it social business, social entrepreneurship or impact entrepreneurship.