Imagine purchasing products at the same price point, but instead of the profits serving the interests of private investors, they contribute to saving a child from malaria. This session at SOCAP 2024 concerns Profit for Good – businesses with charities or charitable foundations in vast majority shareholder positions- and will convene representatives from pioneering Profit for Good businesses—such as Newman’s Own, Patagonia, Humanitix, Thankyou—alongside impact investors, philanthropists, and leading thinkers in the Profit for Good domain.
Discussions will delve into the untapped potential of Profit for Good businesses as a vehicle for philanthropists and impact investors to substantially increase the funds directed towards charitable causes. The panel will also address the hurdles that currently impede Profit for Good from claiming a larger share of the global market, and strategize on actionable steps to surmount these challenges. For further insights, attendees are encouraged to view the linked TEDx Talk and a curated reading list on Profit for Good businesses: TEDx Talk and Reading List.
TEDx Talk:
Profit for Good Reading List
https://docs.google.com/document/d/136oCdRIDfQ3nyF0fud8JD_ErhVD2eGEJ?rtpof=true&usp=drive_fs
