Inclusive Economy Overview
Our inclusive economy strategy builds on two decades of work with our member companies and partners to integrate human rights, responsible workplace practices (such as living wages), robust stakeholder and community engagement, and transparent reporting into business practices.
BSR supports business leadership through research into key inclusive economy issues and through engagement with our member companies to integrate policies and activities, collaborate, and set advocacy agendas that support a more inclusive economy.
Business can lead in building an economy that provides good jobs, offers access to critical products and services, supports community well-being, and contributes to an ecosystem of inclusive economic growth. Business also has a key role to play in modernizing the social contract—with governments, people, workers, and civil society—that underwrites our collective opportunity for a thriving economy.
Inequality and economic exclusion carry significant risks to operational efficiency, social license to operate, supply chain continuity, social and political stability, and the overall health of the economy. By contrast, corporate action to support a more inclusive economy ensures a stable operating environment, responds to stakeholder concerns, expands market opportunity, and mitigates regulatory risk and uncertainty.
We work with companies and partners to build an economy in which all individuals and communities participate in, benefit from, and contribute to global and local economies, by supporting the following objectives:
- Understand the implications of automation, the sharing economy, the future of work, and other disruptions to the global economy
- Create good jobs that enable strong livelihoods
- Modernize the social contract that underwrites our collective opportunity for a thriving economy
- Provide access to critical products and services
- Engage communities and governments to enable inclusive economic growth