Big companies lift millions out of poverty through jobs
April 18, 2008
The presence of big companies in poor countries may have a bigger impact by the jobs that are being created. An interesting article on this summarises it as follows:
“So, while advocates of responsible business should recognise, and applaud, the innovative efforts of social entrepreneurs, their work so far is a drop in the ocean compared with the huge potential of larger companies to contribute to lifting millions from poverty.”
Find the article here. It is a good read but it has one unfortunate mistake where it states that Unilever seems to be the only company that actually measures its economic and social contribution. As a reader of our work, you are aware that Heineken has executed Economic Impact Analyses in 5 countries. For more on this click here.
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