Expanding Business Social Responsibility Beyond Generating Profits

Tackling poverty, injustice, and climate change through the Global Social Capital Fund

Date added: January 01, 2025
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Background:

Traditional business responsibility has focused primarily on generating profits for shareholders. Yet in today’s interconnected world, inequality, injustice, climate change, and declining trust directly undermine markets and long-term business success. The Global Social Capital Fund (GSCF) proposes a modest levy on business revenue (1%–2.5%) to finance the nonprofit sector—the “engine room” of social capital.

Access to the fund would be reserved for nations that:

  • Are functioning democracies and signatories to the International Criminal Court (ICC), ensuring accountability for war crimes and abuses of power.
  • Are committed to the Paris Climate Agreement, including emissions reductions of 43% by 2030 and net zero by 2050, to keep global warming below 1.5°C.

This model seeks to align profitability with social stability by ensuring businesses invest directly in tackling poverty, strengthening justice, and driving climate action. See Business Social Responsibility Beyond ESG for more details.

Question for Feedback:

To what extent do you AGREE or DISAGREE with expanding the obligation of business beyond delivering profits to include structured contributions to the nonprofit sector through the Global Social Capital Fund, with participation tied to global justice and climate commitments?

Options for Response:

Agree — Businesses should help fund social capital, and linking participation to ICC membership and climate action ensures accountability and fairness.
Disagree — Business should focus only on profits; global justice and climate issues are the responsibility of governments, not corporations.
Other / Comment — Share your perspective below.

This survey is open to everyone, everywhere.

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About PByT Surveys

The PByT surveys present a snapshot of global sentiment from real people whose identity has been verified. The results can be analyzed in a variety of ways to get a better understanding of key issues. The overall gauge incorporates the concept of Bayesian statistics - a mathematical concept that updates beliefs in light of new data or evidence. This means that the overall gauge can change in response to new evidence or new data.

As a result, these surveys have the potential to be the most definitive resources on some of the most critically important issues of modern times.

Have your say and help shape the interconnected world of tomorrow based on trust.

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