The SnO Center is supported by the HEC Foundation, the Social Business/Enterprise and Poverty Chair and the ENGIE Chair.
It manages the Movement for Social * Business Impact launched on November 9, 2017 together with Action Tank "Social & Business"
On November 9, 2016 HEC Paris launched an ambitious initiative: the Movement for Social * Business Impact. This movement aims at contributing to a more inclusive economy, where businesses seek to maximize their social impact together with their economic performance.
The Movement for Social * Business Impact builds on the academic research and teaching by the HEC Paris Social Business / Enterprise and Poverty Chair, funded by Danone, Schneider Electric and Renault. The Chair in turn supported the creation of the Action-Tank Social & Business, designed to incubate inclusive business models fighting poverty in France. Since 2010, the Action-Tank has helped develop and implement innovative poverty alleviation projects, bringing together companies, NGOs, public and academic authorities.
The Movement for Social * Business Impact focuses on four key actions:
- Catalyzing world-class research on business social impact and social business by building on partnerships with the best international academic teams.
- Strengthening and broadening the teaching opportunities concentrating on social business impact, training a new generation of managers.
- Accelerating the deployment, and scaling up social business projects incubated in France.
- Providing institutional resources to develop international social business incubation models, which offer essential goods and services to the poorest populations.
To co-construct the Movement for Social * Business Impact over a three-year period, the three initial funders of the Social Business / Enterprise and Poverty Chair - Danone, Schneider Electric and Renault - were joined by new corporate partners: Sodexo and Veolia.
Please find the press release HERE.
Created in 1972 by HEC Alumni, the HEC Foundation has been recognized as a public interest organization by the French authorities.
It focuses on furthering knowledge in management sciences and supporting the development of HEC Paris with the following priorities:
- Providing needs- and merit-based scholarships,
- Supporting research,
- Facilitating teaching by providing cutting-edge tools and resources to hire new faculty,
- Supporting HEC’s international development.
In 2008, the HEC Foundation began a five year fundraising campaign, tHECampaign, which raised a grand total of 112 million euros. More and more businesses and alumni actively support HEC Paris’ development projects, and are instrumental in maintaining the school’s leadership and future ambitions.
The HEC Foundation counts today over 7 500 individual benefactors, 18 chairs and centers and 46 partner companies.
Created in December 2008, the Chair seeks to promote social business by an action that is threefold:
TEACHING: Training a new generation of managers, aware of societal challenges and who aspire to be part of the solution, regardless of their professional activity;
RESEARCH: Developing quality research on strategic innovation in societal fields on the theme of social business, and the ways in which business can fight poverty;
ACTION RESEARCH: Contributing to an inclusive economy, in France and in other developed countries as well as in developing countries. This initiative brings together HEC academics, large firms, government members and heads of the non-profit organizations with the objective of alleviating poverty through business.
This Chair is co-presided by Professor Muhammad Yunus and Mr. Martin Hirsch, and receives financial support from private donors and
It is managed by Frédéric Dalsace Associate Professor of Marketing at HEC Paris and holder of the Chair and Bénédicte Faivre-Tavignot, Executive Director of the Chair and of the SnO Center, and Academic Director of the HEC Paris MSc in Sustainable Development.
More information on the dedicated website of the Social Business/Enterprise and Poverty Chair
From 2010 to 2015, GDF SUEZ, now ENGIE sponsored the Chair "Business and Sustainability" with HEC Paris under the responsibility of Professor Rodolphe Durand, Professor and (at the time) coordinator of the department "Strategy and Business Policy".
The Chair in Business & Sustainability focused on three major themes:
- a study of business models based on sustainable development and how they can be used to generate growth and create value.
- a closer look at the conditions required for transforming volume strategies into value strategies, particularly in the water and energy sectors.
- an examination of social entrepreneurs and multinational corporations coming together in social business initiatives.