Clinton’s Vision: Aligning Business and Philanthropy

As positive examples, Clinton cites his experiences in Haiti with the Digicel Group, which employs 70,000 people, and a fund for entrepreneurs established by billionaires Carlos Slim and Frank Giustra. He lauds companies such as Walmart, Google, and Procter & Gamble for having “shifted their corporate culture from promoting social responsibility to increasing shared value.” He references the shift in the pharmaceutical industry from a “low-volume, high-margin business to a low-margin, high-volume one with guaranteed payments” that is helping millions of people with HIV/AIDS “at much lower costs while also improving the profitability of the companies involved.” http://www.nonprofitquarterly.org/index.php?option=com_content&view=article&id=19306:clintons-vision-aligning-business-and-philanthropy&catid=155:nonprofit-newswire&Itemid=986