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CSR or social enterprise: which has more social impact?

We round up the best advice from our live discussion on CSR vs social enterprise for delivering social impact.
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Sometimes corporate social responsibility actually means putting profit first

Sometimes corporate social responsibility actually means putting profit first

Businesses often find their social impact is greater when they concentrate on their strengths.
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CSR & Risk: Identifying, understanding and reducing business risks

Businesses are increasingly integrating CSR and sustainability within their organizations, not only because the business case is clear but also as a means to reduce business - risks. Companies can face severe negative impacts when opting not to integrate sustainability into their business operations. Choosing not to can increase business risks at a wide scale in terms of costliness and hampered revenues which can significantly disadvantage a com...
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When Social  Meets Business

When Social Meets Business

Before the social enterprise concept even came to life, the limit between the profit and non-profit world has never been so clear. Social issues were addressed within the context of a non-profit organization through fundraising and humanitarian aid whilst business was focused on profit and market share increase. The possibility of bringing these two worlds together by introducing the human within the business, and financial independency within ...
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The Environmental and Social Implications of Oil & Gas Extraction in Lebanon

Lebanon has entered a new phase in its economic development with the existence of potentially large oil and gas reserves in its offshore areas. The Lebanese Government and the Lebanese Petroleum Authority have set a strong regulatory system to command the International Oil Companies’ (IOCs) hydrocarbon activities while operating in Lebanon. Efforts are still deployed to develop a reliable system that covers all aspects of the petroleum industry,...
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Managing Sustainability in the Oil and Gas Industry

The Oil and Gas industry, by origin depends on limited resources hence behaving in a sustainable way makes a strong business case. However, this has not been the standard rule of conduct until recently. It was until after the 1990’s that Corporate Social Responsibility (CSR) started to take off internationally, companies started behaving in a more responsible way, and began subscribing themselves to sustainability pacts or civil society-led volu...
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Circular Economy:  The Future of  Sustainability

Circular Economy: The Future of Sustainability

It’s been long since society started to realize that it needed alternative models to traditional capitalism. The current pattern of production and consumption established since industrialization supposed indefinite resources and raw materials. This lineal way of producing, consuming, and disposing, has showed that clearly resources are not unlimited and this has increased the price of commodities over time. Since the last century, we have been...
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The Impacts of Reporting Effectively

In the past five years, social innovation and social entrepreneurship seem to have gained popularity against charities and CSR programs, and they are being regarded as more efficient or committed to social and environmental causes. Nonetheless, many large multinationals like HP, IBM, Mc Donald’s and RBS among others have been leading the way in CSR and impact programs.
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Does Startup Financing Play a Role in Banks CSR? Banks Responsibility Beyond Profits: Small Businesses, Big Impact

Three out of four venture-backed startups in the United States fail to return investors’ capital, according to a 2012 study by Harvard Business School. However, those that succeed contribute significantly to the economy. In fact, a 2010 study by the Kauffman Foundation said that without the jobs created by startups, yearly employment growth in the US would have been negative.
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Making CSR Matter: Companies should identify which areas to approach & why

Making CSR Matter: Companies should identify which areas to approach & why

CSR has been around for a long time now, at least thirty years. That’s longer than many of you who are reading this article have been in business; longer than some readers have been in life. It has made some significant progress in that time, going from a questionable business practice (at least according to some, especially in terms of return on investment) to being accepted by many as good for business, including the bottom line.
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