The News
The B4IG Coalition pushes forward Living Wage as a Corporate Priority
Co-chaired by Mathias Cormann, Secretary General of the OECD, and Emmanuel Faber, the coalition held its Board meeting on June 21. The members of the Board held several working sessions
B4IG Incubator- The Inclusive Site : Strengthening workers’ rights on construction sites
Companies in the construction sector often employ workers from vulnerable backgrounds, like migrant workers. They frequently work in complex construction projects where their rights are not sufficiently respected and enforced.
B4IG Incubator – 2020 Cohort Touchpoint
The 2020 cohort of the Incubator's acceleration program has made successful progress. 6 months after the end of their acceleration, the project leaders came together to exchange on their
The Pledge
Each Chairperson or CEO of B4IG member companies has signed The Pledge, which covers the key areas of Inclusive Growth: advancing human rights in direct operations and supply chains; building inclusive workplaces; strengthening inclusion in company value chains & ecosystems; and developing adapted tools to measure and value the impact of inclusive business.
The working groups
Together with experts from the OECD as well as partners and academics, representatives from B4IG member companies work to implement The Pledge and turn collaboration into concrete business actions for inclusive growth. As knowledge is created and shared, Working Groups are leading to new projects, tools and commitments to trigger systemic change and monitor progress in the three areas of The Pledge.
The financing forum
B4IG’s IGFF leverages public-private collaborations and foster partnerships that will direct funds toward initiatives which both deliver social impact and transform businesses. It provides a bridge to connect investors, corporates, social businesses, governments, foundations; a platform to promote innovation and develop inclusive growth ecosystems; and a framework to foster public-private partnerships and de-risk investments. Acting as an Inclusive Growth Aggregator, the IGFF will pilot financing partnerships and new investment vehicles on chosen themes and programs
The incubator
The Incubator explores specific local solutions that can be more broadly applied across geographies and economic sectors. It accompanies viable projects developed and implemented by the member companies as they test, accelerate and scale novel approaches to inclusive growth. In 2020, the Incubator selected the first cohort of 12 projects from diverse industries all over the world.