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Areas of Expertise

Inclusive Economy

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.

Inclusive Economy Overview


Our Approach


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 Benefits


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.



Our Focus


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

Our Insights on Inclusive Economy

The Business Role in Creating a 21st-Century Social Contract

Reports

The Business Role in Creating a 21st-Century Social Contract

The time is now for an overhaul of the social contract to address 21st-century realities and needs. A new social contract can deliver long-term value creation that enables economic security and mobility, is genuinely inclusive, and addresses challenges such as the transition to clean energy and the emergence of a digital world.

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Why Modern Slavery Risks Should Be Top of Mind for Businesses during COVID-19

Blog

Why Modern Slavery Risks Should Be Top of Mind for Businesses during COVID-19

Through our work addressing modern slavery across supply chains, we have observed an alarming uptick in business actions during the COVID-19 pandemic that may lead to more individuals being forced into conditions of modern slavery, or on the brink thereof.

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The Business Role in Creating a 21st-Century Social Contract

Blog

The Business Role in Creating a 21st-Century Social Contract

2020 has demonstrated powerfully the importance of a fully functioning social safety net, public health systems, and global collaboration. Reforms to the social contract are clearly needed to protect public health, economic security, and the right of all people to participate fully in society.

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COVID-19 and the Climate Crisis: Building Resilience with People at the Core

Blog

COVID-19 and the Climate Crisis: Building Resilience with People at the Core

Whether it’s a pandemic or climate-related impact, those with the least, and those faced with the most extreme socioeconomic barriers, will suffer the most. The impacts that these populations face have the potential to disrupt business, from operations and supply chains down to the vital communities on which business depends.

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COVID-19 and Our Future World

Blog

COVID-19 and Our Future World

BSR and Polecat analyze the top ESG issues and sectors arising in global discourse about COVID-19 over the last fortnight.

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The Urgency of a New Social Contract

Blog

The Urgency of a New Social Contract

Last year, BSR launched an effort calling for a modernized social contract for the 21st century. We’re now inviting all our member companies and partners interested in seizing this moment to modernize the social contract to get in touch and co-create a plan of action.

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The Shift to Digital Wages: Making Sure It Works for Women and Business

Blog

The Shift to Digital Wages: Making Sure It Works for Women and Business

In the HERfinance Digital Wages program in Bangladesh, designed to support garment factories making the transition from cash to digital payrolls, we found a tangible connection between tailoring programs to women’s needs and an increase in women’s financial inclusion and empowerment.

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The Decisive Decade

Blog

The Decisive Decade

The 2020s will be the decisive decade in terms of meeting the objectives of the Sustainable Development Goals (SDGs), shifting the economy to achieve the aspirations of the Paris Agreement, and achieving a fair economy that works for everyone. For companies, this decade will be about creating resilient business strategies, moving beyond integration of sustainability to truly redefine business and the role of the company in society.

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Collaborative Initiatives on Inclusive Economy

Global Impact Sourcing Coalition

Global Impact Sourcing Coalition

A forum of the world's leading companies committed to incorporate and scale impact sourcing as a business strategy—ending poverty through procurement.

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Healthcare Working Group

Healthcare Working Group

Improving health globally through a sustainable and resilient healthcare sector

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Healthy Business Coalition

Healthy Business Coalition

Convening cross-industry leaders to expand health and well-being across entire value chains

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HERproject™

HERproject™

Unlocking the full potential of women working in global supply chains through workplace programs promoting health, financial inclusion, and gender equality

Read More 



See all Collaborative Initiatives

Meet the Team

Katie Abbott

Katie Abbott

Manager, Inclusive Economy

New York


Jessica Custer

Jessica Custer

Manager, Inclusive Economy

San Francisco


New York


Roger McElrath

Roger McElrath

Associate Director

San Francisco


San Francisco



Talk to Us  
Contact the Inclusive Economy team with any questions.