Michele Bongiovanni, CEO, HealRWorld, stated that she is motivated by her “desire to promote conscious capitalism and access to businesses dedicated to People, Planet and Profit. Our global platform will enable consumers to vote with their dollars!”
Washington, DC (PRWEB)
April 26, 2017
The International Council for Small Business (ICSB), a non-profit devoted to the advancement of entrepreneurs, will launch a joint initiative with HealRWorld, a for-profit social impact company, that leverages its big data platform to equip Micro, Small and Medium-Sized Enterprises (MSME’s) with cutting edge solutions that will promote the growth of sustainable business and advance the UN Sustainable Development Goals aimed at ending poverty and promoting prosperity worldwide.
Ecommerce and inter-country commerce are some of the fastest growing segments for MSME’s and global trade. A 2016 WTO Report also found the vast majority of technology-enabled small firms export—97% of them on average, and up to 100% in some countries. These companies are growing faster than their overall national economies, both in developed and developing countries like China, South Africa, Indonesia, Mexico and Columbia.
HealRWorld’s new digital community eCommerce and micro-investment platform concept (currently in development) will offer innovative new products and services that enable sustainable MSMEs to tell consumers and businesses their stories, promote their commitments to social and environmental sustainability and drive sales worldwide, while leveraging existing eCommerce networks like Alibaba, Amazon, eBay and others. Eligible values based companies include those that have either gone through a certification process, or have self-proclaimed commitments to one or more facets of Environmental Social and Governance (ESG) principles and have been vetted through Dun and Bradstreet.
The HealRWorld sustainability database was built upon hundreds of sources including global certification data, web scraping tools, and credit and firmographic data acquired through its strategic partnership with Dun & Bradstreet, whose global database covers over 238 million businesses. Its data has yielded valuable insights including a very strong correlation between HRW Sustainable Businesses and a low risk for business discontinuance and failure, which can be used to increase access to capital to sustainable MSMEs and create better terms by upstream supply chains.
The digital community eCommerce platform will be introduced at ICSB’s first-ever Knowledge Summit on May 11 at the UN Headquarters. The summit has been organized to bring together key stakeholders who are committed to actions that will give effect to the UN General…