emirates foundation case study
TRANSCRIPT
From CSR to Sustainability:Delivering Impactful Social Investment
BUSINESS & SOCIAL DEVELOPMENT?
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Delivering Social Value is Difficult
Millennium Development Goals Eradicate extreme poverty and hunger Achieve universal primary education
Promote gender equality and empower women Reduce child mortality
Improve maternal health Combat HIV/AIDS, malaria, and other diseases
Ensure environmental sustainability Develop a global partnership for development
FAILED
...As do Multilateral Agencies...
NGO’s play a role…
...And Foundations
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…Business Can Play a Role . . .
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Learning from Business
Focus
Market-based solutions
Financial-viability
Technical expertise-More than Money
Measuring
Managing risk
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The Death of CSR?
“[sustainability]…is about the fundamental intergenerational task of winding down the
dysfunctional economic and business models of the nineteenth and twentieth centuries, and the evolution
of new ones fit for a human population headed towards nine billion people, living on a small planet
which is already in ‘ecological overshoot’”
Volans, The Transparent Economy, 2010
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Integrated Sustainability Agenda
We launched Plan A in January 2007, setting out 100
commitments to achieve in 5 years. We've now extended Plan
A to 180 commitments to achieve by 2015, with the
ultimate goal of becoming the world's most sustainable major
retailer.
Through Plan A we are working with our customers and our suppliers to combat climate change, reduce waste, use
sustainable raw materials, trade ethically, and help our customers
to lead healthier lifestyles.
MAKING CSR MORE IMPACTFUL
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“…prevailing approaches to CSR are so fragmented and disconnected from business strategy as to obscure the greatest
opportunities for companies to benefit society. If corporations were to [use] the same frameworks that guide their business,
they would discover that CSR can be… a source of opportunity, innovation, and competitive advantage…”
PORTER AND KRAMER
21st CENTURY THINKING
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Delivering Maximum Impact
T – MA –
ALIGNMENT
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Alignment = Focus
Multiple One–Off Long term Projects Partnerships
Lasting Impact
Leve
rage
Gra
nts
I
nves
tmen
ts Social Investment
Traditional CSR
Greater Impact
TRANSPARENCY
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Learn From Failure
Execution • Partner lacked competence/skills
Market • No observable customer demand
Business • No evidence of long-term
financial viability
MEASURE
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Keep It Simple
.Large-scale numbers?
Permanent Impact?
Financially Sustainable?
Technically Competent?
Long-term thinking
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Shifting Our Mind – Set
Strategic Social Investment
Aligned Focus
Long Term Partnerships
Adding Real Value
More than Money
Financial Viability
Exit
Traditional CSR
Multiple Activities
Short Term Projects
Saving the Planet
Writing a Check
Financial Support
Subsidy Dependence
EMIRATES FOUNDATION’s
JOURNEY
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Incubate
0 – 2 Years
Pilot
3 – 4 Years
Scale
5 – 10 Years
Spin- Off
10 – 15 Years
Venture Philanthropy
PROGRAM PORTFOLIO
SOCIAL INCLUSION
LEADERSHIP &
EMPOWERMENTDELIVERED THROUGH THE MODEL OF SOCIAL ENTERPRISE
…business based…financially viable….scalable and sustainable…
FINANCIAL LITERACY
EDUCATION PROGRAMS:• Sheikh Mohammed bin Zayed Higher Education Grant:
• London School of Economics:
KAYANI
(Special Needs)
TAKATOF
(Volunteering)
SANID
(Emergency
Response)
THINK SCIENCE
KAFA’AT
(Business Skills)
COMMUNITY INVOLVEMEN
T
Thank You