The “Social Business” model is increasingly being used by large corporations across the world as a R&D lab for products, processes, and new business model innovation. Such a cause-driven approach keeps firms responsive to societal needs and provides them with a deeper understanding of disruption curves. Yunus Social Business, co-founded by Muhammad Yunus, Nobel Peace Prize winner, works with several large companies in India, including McCain, Tata Steel, Danone, Renault, and FIFCO, as well as many others across the world to jointly create social businesses that address problems like malnutrition and access to water, inadequate farmer incomes, and a lack of mobility among the poor. In this webinar, Aarti Wig, CEO of Yunus Social Business India, will make the case that investors should deliberately invest in businesses that solve for environmental and social problems, not merely as a risk mitigation strategy but as a source of competitive advantage in a fast-changing world where consumers and societal stakeholders are demanding that large companies serve a purpose beyond profit maximization.
This is the archived version of a live webinar that took place 15 March 2018.
About the Speaker(s)
Aarti Wig co-founded Yunus Social Business (YSB) India, along with Nobel Peace Prize winner Muhammad Yunus, to support social business creation in India. As CEO of YSB India, Wig has catalysed the creation of its two social business funds, in Mumbai and Bengaluru, and the Indian Corporate Action Tank, India’s first incubator for large corporations to create in-house social businesses. She is a leader in the social business space, and is a regular speaker at social enterprise events in India and other international forums. Wig was voted to the Asia 21 fellowship for young leaders making a difference in the Asia Pacific region in 2014. Previously, she worked as an investment banker at JP Morgan in Mumbai. Wig holds a Master’s degree in Finance from the London School of Economics.
Shreenivas Kunte, CFA, CIPM, is a director of continuing education and advocacy at CFA Institute. In this role, Mr. Kunte contributes to thought leadership in the investment profession. He writes on investing topics in leading publications and represents CFA Institute at conferences and forums. Mr. Kunte serves as an external research scholar at the Indian Institute of Technology Bombay. Previously, he worked as the country trading strategist for Citi in Tokyo, Japan. He holds a degree in computer engineering from the University of Mumbai.