HEC Paris Social Business Chair’s objectives are also to contribute to an more inclusive economy, in France and in other developed countries as well as in developing countries and to facilitate the emergence of new economic models based on the principles of social business.
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. For example, the Chair co-designs experiments and plays the role of intermediary or facilitator between the different actors.
The Action Tank Entreprise et Pauvreté is a NGO that acts to develop and implement innovative economic models aiming at solving social issues in France. It was founded in 2010 by Martin Hirsch and Emmanuel Faber, CEO of Danone, and strongly inspired by the Action Tank’s Honorary Chairman Muhammad Yunus’s multiple activities.
The Action Tank works closely with the Social Business/Entreprise and Poverty Chair, on common social business initiatives and sustainable business models to launch.
The Action Tank counts several active members, among them large corporations, associations and public authorities involved in the different projects currently developed in various fields such as child nutrition, health, mobility and social housing. Most of the Action Tank projects are launched as social experimentations aiming at growing at a larger scale. The NGO also produces thematical studies and technical knowledge on the key elements to tackle vulnerability and reduce the risk of poverty, with the expertise of well-known consulting groups and polling institutes.
In developing countries, students and professors work on designing economic models focusing on accessibility for the Base of the Pyramid. The companies they have worked with include Schneider Electric, Kraft, Danone, Bouygues, Bell…