Expanding Business Social Responsibility?
Tackling poverty, injustice, and climate change through the Global Social Capital Fund
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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