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Concept: Smart Social Contracts - Make companies' CSR promises transparent
Team: Massimo and Subhankar
We champion and advocate for a just and equal world, and spend all our time harnessing the superpower abilities of social pioneers, innovators and civil society leaders to fast track radical system transformation. Being a fast growing social start-up ourselves initiated by Welthungerhilfe in 2014, we know the transformative power of ideas and what it takes to bring them to life. Over the years we have also developed a strong reputation for strengthening and deepening local participative social innovation processes and championing the role of the third sector in radical system transformation discourses.
Great Idea to make CSR companies promises transparent. You have a specific country in mind or we are talking globally? Big companies or medium-size companies? Once it is working: how to make sure that this tool is not used again for such companies to polish their picture...but now in real-time? Who is in charge of such platform?
very interesting perspective: hold companies accountable and make CSR contributions transparent! Other aspect to include could be what impacts is CSR investment generating, I remember having seen some failures like not functional toilets installed in schools etc. Not sure how this would be related to the blockchain technology?
Really cool idea to make corporates follow up on their promises and to give buyers confidence about where their money is going. More could be done with it to influence corporates on who to give to and to have two-way accountability. Charities must also be accountable.