Impact supply chains: a case study on sustainable use of the brazilian socio-biodiversity
This article presents a case study on the use of active ingredients sustainably sourced from the Brazilian biodiversity and the development and management of a value chain that connects local suppliers to consumer around the globe. This dynamic offers a new perspective into the role of various stakeholders in creating additional income to rural communities while promoting the conservation of natural resources. To ensure the expected results are achieved and make any necessary adjustments, it is crucial to implement a methodology that effectively keep track of impact indicators
The concept of corporate social responsibility (CSR) emerged in the mid-1950s and refers to the often conflictual and interdependent relationship between business and the society. Over time, the evolution of the understanding of CSR has lead to the definition of a continuous commitment focused on the alignment between the business activities and the goals and values of the society in which it operates.
This topic unfolds into different analytical approaches, including that of shared value – as discussed by Michael Porter and Mark Kramer (1) –, conscious capitalism, – as proposed by John Mackey and Raj Sisodia (2) –, impact investing (3) and social entrepreneurship (4). The latter can be understood as an enterprise whose mission is to create social and/or environmental impact while achieving a positive financial result in a sustainable way.
The relationship between economic, social and environmental impact and corporate governance is possibly one of the greatest contemporary challenges facing business today – and a vast field to be explored. Better understanding on this matter should enable us to identify opp ...