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Definition of an Open Venture |
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Open Ventures can be defined as a commercial corporation or a non-profit organization which operates with transparency, sustainablity and an openness to include their community in forming that identity. Whether this Triple Bottom Line approach is employed through a nonprofit, corporation or collective, the goal is identical in using one's venture as a means for positive social change. And given the current statistics, wouldn't you want to participate in and reap the benefits from being an ethical corporation?
- 60% of consumers admire companies that appear to be taking action on the environment. Do you want to be one of those admired companies?
- 37% of employees see their company's commitment to sustainability as a PR exercise, nothing more. How do you make sure you're not disappointing your workforce? How can you make sure you are engaging them fully in, and making them passionate about, CSR?
- 94% of CR executives said that they are working to green their supply chain. Are you? And if not, how long can you last? Learn some concrete steps.
- 50% of companies will deselect suppliers for not meeting sustainability criteria. But the question is - is this half correct? Or is there more to this issue?
- 90% of investors said that environmental and social governance factors would have an impact on the value of a company. How do you let the socially responsible investment community know that you care? That you know your CSR risk? That you are dealing with it?
- 91% of people believe that working for a 'good' company servies as an extension of their personal branding as an ethical person. Do you want to lose out on the 91% of your employee pool that cares about their company being ethical? Or would you like to make sur your employees are fully integrated into your CSR policy?
Ethical corporations exist, are possible, and will be the backbone of tomorrow's business systems. Please see Ethical Corp for more information on the above statistics and join us on Twitter to help us define @OpenVenture from its very onset. Grow with us and we will grow with you!
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