10 Years Of Social Business: Anniversary Report And 2021 Annual Report

10 Years Of Social Business: Anniversary Report

May 31, 2022

Has it really been ten yeas? Looking back, it is staggering to see how far we and the social-impact sector have come since that first fateful encounter between our Chairman Nobel Peace Laureate Prof. Muhammad Yunus and our CEO Saskia Bruysten.

The concept of picking up the tools of business and applying them to tackle social and climate challenges was, at that time, almost unheard of. When we brought the idea to funders and corporations, we were almost always met with a roomful of blank stares and raised eyebrows.

Now, a decade later, we are happy to see that we have been able to prove this model. Our portfolio of social businesses overall has served 17.8M customers, supported incomes for 1.3M people, and avoided 5M tons of carbon emissions in India, East Africa and Latin America.

Discover the facts, figures and faces behind our journey in our 10-Year Anniversary Report.

It takes a village to build a world of three zeroes

Needless to say, the increased global focus on business as a force for good has not by a long shot been the work of our team alone, nor, for that matter, has even our own success. Rather, both have been the patchwork tapestry of thousands of hands: social-business entrepreneurs, forward-looking funders, intrepid social intrapreneurs, our teams in all our operating countries and supporters in manifold forms.

For this reason, we have made our theme for this year ‘It Takes a Village.’ That is, it takes a village to create a world of zero poverty, zero unemployment and net-zero carbon emissions. We wish to take this opportunity to highlight some of the incredible partners who have shared our vision, taken chances on us, partnered with us and worked together towards achieving our ambitious goals. For those of you reading this to whom this refers - and you know who you are - a big, big thank you goes out to you!

Read the full report to discover more.

How grant funding came in at exactly the right time for waste pickers in São Paulo.

Alexandre Furlan, CEO of Instituto Muda, has been building his business since he finished college 12 years ago. São Paulo generates 20,000 tons of waste on a daily basis. Yet only 5% of the residential buildings have public recycling collection service - the majority of it goes to landfill. Instituto Muda tackles the problem by picking and sorting recycled waste and donating it to waste

Exploring Virtual Reality - Social Business Right in Front of Your Eyes.

With the recent accessibility of 360 cameras, many businesses and nonprofits are exploring the possibilities of virtual reality to communicate their message and we wanted to give it a go for ourselves!

Remote Work is Here to Stay

The work culture of our Corporate Team at YSB has always been geared towards remote working. This allows us to keep ahead of the curve in these ‘digital nomadic’ times by providing flexibility and autonomy to our employees.

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