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Inclusive Finance
Inclusive finance, also known as financial inclusion, refers to the provision of accessible, affordable, and timely financial products and services to all individuals and businesses, regardless of income level or socioeconomic status. This encompasses services such as banking, credit, insurance, and payment systems, delivered responsibly and sustainably. By integrating underserved populations into the financial system, inclusive finance fosters entrepreneurship, reduces poverty, and promotes economic growth.
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Human rights: The foundation of sustainable business
In December 2018, the world celebrated the 70th anniversary of the Universal Declaration of Human Rights (UDHR). Two of the Ten Principles of the UN Global Compact are derived directly from the Universal Declaration. The United Nations Global Compact is advocating for businesses to stand up for human rights, promoting uptake of the UN Guiding Principles on Business and Human Rights.
Business Call to Action
Business Call to Action works in alignment with the Sustainable Development Goals, challenging businesses to develop inclusive business models that empower and engage low-income populations.
Implementing inclusive business models: How business can work with low-income communities
This paper makes the case for why businesses should implement inclusive business models and engage low-income populations along their value chains. It identifies common market constraints of inclusive business models and how to overcome them.