The Growing “Do Good” Economy

CURT NICKISCH: Welcome to the HBR IdeaCast from Harvard Business Review. I’m Curt Nickisch.

Corporate social responsibility, sustainability, ESG, doing well by doing good. You’ve probably heard these phrases a lot lately, including on this show. It seems that whether you work in government, a not for profit, tech startup, corporation, or even your own business, the part of the economy that is claiming positive social impact is growing rapidly.

However, incorporating social impact into a business brings up all kinds of system dilemmas, and when it goes wrong, it can go horribly wrong. Just take a look at FTX, which espoused effective altruism. That company is now mired in an enormous financial scandal. Or WeWork. The company whose filing paper said it was going to change the world. Its founder walked away with a giant buyout package even as its valuation crashed.

With us here to talk about meaningful strategies for positive impact is Jacob Harold. He’s…

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