Social Entrepreneurship & Sustainability
Entrepreneurship Solving a problem Profit Motive Many benefits
Social Problems H
Sustainability “of, relating to, or being a method of harvesting or using a resource so that the resource is not depleted or permanently damaged.” Social EnvironmentalEconomic H
Social Entrepreneurship “Solving a social problem, delivering value through a product/service, providing an added social benefit, and being sustainable through profit.” (not donations)
Corporate Sustainability & Responsibility Supply Chain Environmental Impact Impact on Community
Concept of Transparency Allowing consumers to find out your supply chain H
Four Examples H
Toms - Blake Mycoskie > 1:47
TS Designs (1:48) > (5:19) (9:18) >Wearyourclothing.com>Wearyourclothing.com (blue & green)
Ben & Jerry ’ s Ice Cream ● Founded in 1978 ● Local Vermont investors, no venture capital ● To enforce a higher social cause, Cohen created the Ben and Jerry's Foundation which donates 7.5% of pretax profits to charities and such ● The handing over of the company is best described by the "Dodge Vs. Ford" decision which gave company control to the most profitable stock holders (people with the most money) ● Other social causes from the company include "Support Farm Aid", the "Children's Defense Fund", and the "Peace Pop" >Greenest Ice Cream (3:35) H
Chapul Cricket Bars > (3:21) >
Cricket Bars - Sustainability
Cricket Bars - US Population 2015
Cricket Bars - US Population 2050 Shark Tank > (1:17)
Conclusion H
Q&A How can you be part of the solution? How can you reduce your environmental impact? How can you support sustainability? How can you use your power as a consumer to influence change? What will be your next move?
Extra Slide: Homeless Kids & Social Entrepreneurship (5:31)