On Mar 17, 2021 0
Inclusive Business (IB) has been recognized as one of the most remarkable ways business can contribute to the United Nations Sustainable Development Goals (SDGs). The G20 has defined Inclusive Business as “a private sector approach to providing goods, services, and livelihoods on a commercially viable basis, either at scale or scalable, to people living at the base of the economic pyramid making them part of the value chain of companies’ core business as suppliers, distributors, retailers or customers.”
Inclusive Business models provide a sound basis for building a resilient economy that gives due importance to human and economic development while providing an alternative model to businesses to be profitable and responsible.
Thus, we should not confuse IB as corporate social responsibility, not a charity nor a doleout, not a relief operation or a one time effort at helping the poor.
IB is a business model that is embedded in an enterprise’s operation from the very start. It is not an after thought.
This site is dedicated to the awareness and promotion of IB models. Since there is a shortage of real Inclusive businesses in the country, we also publish here all works and endeavors of companiestohelp the less privilege.