世界经济论坛-通过利益相关者包容促进社会公正的灯塔行动（英）-2021.9-30页_5mb

Summary of Lighthouse Action on Social Justice Through Stakeholder Inclusion

Core Content

This report explores the growing corporate momentum toward social justice and stakeholder inclusion, emphasizing the need for businesses to engage with communities, workers, and civil society to address systemic inequalities. It outlines three key areas where companies are leading the way:

1. Making bold new investments targeting impacted communities
2. Influencing public policy and speaking out as corporate citizens
3. Applying rigorous accountability practices and sharing power with stakeholders

These approaches aim to integrate social justice into business models and promote a more equitable and sustainable global economy.

Main Views

• Stakeholder inclusion is essential: Engaging with marginalized and impacted stakeholders is critical for businesses to understand and address systemic inequalities. This includes recognizing, co-designing, and collaborating with communities and civil society.
• Equity and justice must be central to business models: Companies are being called to shift from shareholder primacy to a more inclusive model that values people and the environment.
• Social justice is not just philanthropy: While philanthropy plays a role, businesses must also integrate equity into their core operations and value chains to achieve meaningful and lasting change.
• Accountability and learning are key: Businesses must establish feedback mechanisms and accountability practices to ensure that their actions lead to measurable progress and benefit stakeholders.

Key Information

Lighthouse Examples

The report profiles nine lighthouse examples that illustrate the above approaches:

1. New Investments Targeting Impacted Communities

• Resilience Fund for Women in Global Value Chains: A pooled fund by BSR, UN Foundation, and others to support women in supply chains.
• In Solidarity programme: Mastercard's initiative to support women and minority communities.
• Replenish Africa Initiative: The Coca-Cola Foundation's effort to invest in African communities.

2. Influencing Public Policy and Speaking Out as Corporate Citizens

• Open for Business Coalition: A group of 39 major corporations advocating for inclusive economic policies.
• Racial Equality and Justice Task Force: Salesforce's internal initiative to address racial inequities.

3. Rigorous Accountability and Power Sharing

• Unilever's living-wage commitment: A pledge to pay living wages to workers in its supply chain.
• Farmer Income Lab: A collaboration between Mars, AB InBev, Danone, and others to improve farmer incomes.
• Patagonia's Regenerative Organic Certification: A commitment to sustainable and regenerative practices in its supply chain.
• Amul Supplier Cooperative Ownership: A model that allows suppliers to own a share in the company.

Critical Tenets

The report highlights four critical tenets that are proving impactful in advancing social justice through stakeholder inclusion:

1. Stakeholder inclusion must be central: Companies must recognize and engage with stakeholders who are most affected by their actions and the broader systemic inequalities.
2. Inclusion is just the beginning: It is a stepping stone toward redesigning business models to shift power and value away from shareholder primacy.
3. A holistic view of equity and justice: Companies should consider both positive and negative impacts of their operations and value chains.
4. Critical dialogue and knowledge-sharing are needed: To accelerate systemic change and ensure that social justice initiatives are effective and sustainable.

Stakeholder Categories

Stakeholders are divided into three broad categories:

• External stakeholders who set the operating environment: Governments, communities, and natural capital.
• External stakeholders who directly interact with a company: Suppliers, customers, and investors.
• Internal company stakeholders: Employees, senior leaders, governance boards, and shareholders.

Call to Action

The report underscores the urgency for business leaders to take action in the wake of the pandemic and global crises, to not only speak out but also commit resources to actionable solutions. It emphasizes the importance of collaboration across sectors and the need for systemic change, not just individual initiatives.

Conclusion

This report serves as a starting point for businesses to rethink their engagement with stakeholders and integrate social justice into their strategies. It highlights the importance of inclusive partnerships and systemic change in achieving a more equitable and sustainable future.

Contributors and Acknowledgements

• Amol Mehra, Director, Industry – World Economic Forum
• David Sangokoya, Head, Civil Society and Social Justice – World Economic Forum
• L. Simone Washington, Director, Diversity, Equity and Inclusion – Business for Social Responsibility (BSR)
• Laleh Ispahani, Managing Director – Open Society Foundations
• Gerbrand Haverkamp, Executive Director – World Benchmarking Alliance
• Aron Cramer, President and CEO – BSR
• Rose Kirk, Senior Vice-President and Chief CSR Officer – Verizon

The report is supported by various organizations and individuals who have contributed to the discussion on stakeholder inclusion and social justice in the corporate world.