17.01.2015 Views

Bangladesh Social Enterprise Project - Bangladesh Enterprise Institute

Bangladesh Social Enterprise Project - Bangladesh Enterprise Institute

Bangladesh Social Enterprise Project - Bangladesh Enterprise Institute

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

“GREEN” CASE STUDIES AND ENERGY LENDING<br />

GREEN SOCIAL ENTERPRISE AND CSR CASE STUDIES<br />

Based on FDC <strong>Social</strong> <strong>Enterprise</strong> Briefing Note by Ryan Edwards<br />

With climate change being arguably the most pressing and dividing political issue of our<br />

time, it is worth noting where social enterprise can be of assistance. ‘Green profits’ and<br />

‘green industries’ are profits captured due to by opportunities arising out of climate change.<br />

This involves capitalizing from the shift in consumer demand to sustainable products and<br />

companies. There are many energy companies following this route, and using new<br />

technology, or environmental value and sustainable practice to increase their market share<br />

and shareholders’ wealth. Whether it be biogas power in Vietnam, LPG substitution in<br />

Morocco, or Coconut oil power generation in Vanuatu, the inconvenient truth is that the<br />

private sector appears to be reacting to climate change faster than the public sector. Some<br />

large notable CSR manoeuvres to address climate change are;<br />

• Fuji Xerox and Dow: By a joint venture of both companies to join Eco‐Patent<br />

Commons, they are pledging environmentally friendly and landmark patents into<br />

the public domain, effectively creating intellectual property public goods in the<br />

interest of a sustainable environment 1 .<br />

• Coca Cola and WWF 2 : In a joint‐venture between Coke and WWF, utilizing both of<br />

the organisations core competencies (size and power – Coke, environmental<br />

expertise – WWF), the two companies have united to preserve seven of the worlds<br />

largest water ecosystems. Coke is making their water use more efficient through<br />

their entire supply, decreasing carbon emissions and energy use, and seeking to<br />

inspire other companies to do the same.<br />

1 Source: PR Newswire, 2009, ‘Dow and Fuji Xerox Join Eco‐Patent Commons’, PR Newswire, Oct 20, 2009,<br />

Available online at: http://www.prnewswire.com/news‐releases/dow‐and‐fuji‐xerox‐join‐eco‐patentcommons‐64939502.html<br />

2 Source: Coca‐Cola Company Website 2009, ‘Converging on Water: An Innovative Conservation Partnership’,<br />

Available online at: http://www.thecoca‐colacompany.com/citizenship/conservation_partnership.html

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!