investing in the girl child: school as sustainable enterprise

Download Investing in the Girl Child: School as Sustainable Enterprise

Post on 14-Jul-2015




3 download

Embed Size (px)


by Professor Jeremy B WilliamsInvesting in the Girl Child: School as Sustainable Enterprise



World CSR Congress, Mumbai, India, 18 February 2015Why the need for sustainable enterprise?

The Earth is full

Full of us

Full of our stuff

and full of our garbage

Weve also changed the surface of the earth

We dig it up

We chop it down

and we take as if there is no tomorrow need 1.5 planets to sustain current consumption patterns

Overstepping OurselvesAs our Ecological Footprint continues to exceed Earths biocapacity, we overdraw from our future. 74%114%156%OF BIOCAPACITYOF BIOCAPACITYOF BIOCAPACITYRecreated from -

with potentially devastating effects in the form of climate change GS4G as sustainable enterprise? ROI on girls education is well documented

A community provides landAnd labourMaterials to build the school are sourced locallyEnergy is entirely renewable:solar, wind; or biomassHigh qualitycurriculum via InternetRainwater harvesting for water supplyAll wastewater disposed of on siteUsed for fruit and veg cultivation and livestockAnd tree plantingGS4G is a focal point for the whole community

VISIONEmpowering all girls to realise equal opportunity through education that is ecologically, socially, and economically self-sustaining.

MISSIONProvide community prosperity through local investment of labour and materials to establish a sustainable educational campus for girls. In return, the education delivered will enable the inter-generational cycle of gender inequality to be broken, and provide knowledge that will provide the foundation for sustainable development of communities.

VALUESThe enterprise will revolve around the three values of:ecological sustainabilitygender and inter-generational equalitythe belief that giving a girl the education and the ability to make informed decisions about her life will ultimately benefit her community and society more broadly.

What does the business model look like?The business model is based aroundIMPACT INVESTMENTSet up GS4G FoundationMake debt/ equity investments in GS4G campuses including student loansRecycle returns to make new investmentsScale up creating economic, social and environmental impactSet up GS4G FoundationCorporate sponsorshipSocial Stock Exchanges and patient capital funds; e.g. AcumenCrowdfundingFundraising chaptersCarbon offset programsDonor agencies; e.g. UN agencies

The Worlds Most Sustainable Companies, 2014 (Forbes Magazine)Corporate donors (partners)

TorontoNew YorkSingaporeLondon

GS4G Fundraising Chapters in major cities hosting regular events

Funding via companies participating in CDM programs

Make debt/ equity investments in GS4G campuses including student loansThe GS4G Foundation would retain majority ownership to ensure mission integrity for a period of 10 yearsReturn on equity may be set at capital preservation (or close to 0%) for a period of timeDebt in the form of social impact bondsTo be sustainable enterprise every campus of GS4G must become economically viableOperational costs to be covered from proceeds of on-campus entrepreneurial activitiesStudent loans from the GS4G Foundation repaid upon employment following graduationScale up creating economic, social and environmental impactLocation selection is critical and local knowledge essentialExtensive community consultation an important first step and the rationale for an all girls school acceptedLocal community must supply the land and the labour in return for equityBest practice sustainable building design, sourcing construction materials locallyThe campus would be a focal point for the community in providing a catalyst for sustainable development; i.e. food and water security, employment and business developmentVolunteer networks would be tapped to import skills and knowledge unavailable locallyRecycle returns to make new investmentsGS4G must not be positioned as a charitable organisation, but as a business with different motivations; i.e. it seeks to maximise economic, social and environmental welfare not profit.Development is freedom from hand-outs. A persons dignity is not served by charity, and GS4G is about contributing to the creation of strong, self-sufficient and resilient communities.Successful GS4G campuses can provide financial returns to the GS4G Foundation and also provide mentorship for new campuses.

Goal 5: Achieve gender equality and empower all women and girls following energetic campaigning from groups like Girl EffectIn 2015, the UNs Millennium Development Goals (MDGs) are to be succeeded by the Sustainable Development Goals (SDGs) partner organisations focused on investment in girls education and gender issues

India would be an ideal place to start

Companies with at least Rs 5 crore net profit or Rs 1,000 crore turnover or Rs 500 crore net worth will have to spend 2 per cent of their three-year average annual net profit on CSR activities in each financial year, starting from FY15.Mandatory expenditure on CSR

Thank you for listening