World Economic Forum [to 27 February 2016]
https://agenda.weforum.org/news/

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News 25 Feb 2016
Social Innovation: Proving the Link between Corporate and Societal Value
:: A new World Economic Forum study shows how social innovation is increasingly entering the business mainstream
:: The report profiles best practices from major multinationals and leading regional companies; hotspot reveals social innovation highly active in healthcare, pharmaceuticals, financial services, IT, agriculture, consumer goods and retail, chemicals, energy and telecommunications

Geneva, Switzerland, 25 February 2016 – The World Economic Forum today launched a new report, “Social Innovation: A Guide to Achieving Corporate and Societal Value”, profiling companies helping underserved communities and showing why social innovation is becoming an increasingly relevant strategy for companies to pursue. The report illustrates what social innovation strategies and business models look like, what the range of opportunities are, and the business benefits companies can get from pursuing them. It also covers best practices from companies on how best to implement such models in ways that support business goals.

Social innovation is defined by the Forum’s Global Agenda Council on Social Innovation as “the application of innovative, practical, sustainable, market-based approaches to benefit society in general, and low-income or underserved populations in particular”. The report released in collaboration with Oliver Wyman draws from workshops and interviews with over 30 executives from major multinationals and leading companies and advice from the Forum’s Global Agenda Council on Social Innovation to offer recommendations for companies…