Founded in 2008, SOCAP's motto is "at the intersection of money and meaning." The aim of this organization is to connect innovators from all around the world to make a difference.
"A new form of capitalism is arising that recognizes our ability to direct the power and efficiency of market systems toward social impact, leading to a more balanced set of 'returns,'" they write on their website. "SOCAP is a multi-platform organization dedicated to the flow of capital towards social good."
Social business is all about mixing and melding tools from the toolbox we already have in, say, capitalism and applying it to make an impact socially and environmentally. Returns aren't simply about profit, but purpose plays an important part in SOCAP's mission.
Contact Information
SOCAP website
SOCAP on Facebook
SOCAP on Twitter
What's Driving This Trend
- Socialbusiness
- Applying capitalist tools for social and environmental impact, creating a more balanced set of returns for social entrepreneurs and impact investors.
- Impactinvesting
- Investing in social impact-driven companies, aligning social, economic, and environmental goals with financial returns.
- Sustainability-focused Investment
- Investment in companies that focus on sustainable practices and resources, developing new markets and products to meet the needs of socially and environmentally responsible consumers.
Who This Affects Most
- Finance
- Socially responsible investment, innovative impact investment products and services.
- Technology
- New technologies that drive impact and sustainability at scale, building mission-driven companies with the power of data, and collaboration.
- Green Energy
- Providing a sustainable alternative to fossil fuels, developing new energy models, and supporting responsible resource management.
