During an early April meeting in Nanjing, China, the G20 officially launched the Global Platform on Inclusive Business (GPIB). The Platform is a global partnership that will provide support to policymakers and accelerate the adoption of inclusive business policies and programs globally.
Novozymes and DSM strengthen a powerful partnership designed to scale up business solutions that can help address social and environmental challenges.
As co-founders of DIVA Ventures, Novozymes and DSM will bring their capabilities in innovation and technology to DIVA’s corporate venturing activities.
New York City, April 21 2016 – DIVA Ventures L3C (DIVA) today announced that Novozymes and Royal DSM are joining the coalition as co-founders of the partnership, along with existing members the World Business Council for Sustainable Development (WBCSD) and pro bono counsel Pillsbury Winthrop Shaw Pittman LLP (Pillsbury). DIVA is a member of the European Venture Philanthropy Association (EVPA).
The announcement was made today at United Nations HQ in New York by Thomas Videbæk, COO of Novozymes, and Peter Bakker, President and CEO of WBCSD. DIVA stands for Driving Impact Venture Action.
An issue brief published today by the World Business Council for Sustainable Development (WBCSD) highlights how inclusive business solutions can deliver both business and societal value, in full alignment with the Sustainable Development Goals (SDGs). The latter call on business to use creativity, innovation, and investment to contribute to eradicating poverty, promoting peace and equality, fueling inclusive growth, and protecting the environment.
The issue brief, titled Delivering on the SDGs: The inclusive business approach, articulates the business case for targeting the BOP, illustrates how inclusive business solutions link up to each of the 17 SDGs, and presents an overview of common internal and external challenges faced by companies when developing and scaling these solutions.