DeConi News Feed

DeConi is the First Certified B Corporation in Central and Eastern Europe

27 November 2014, Sofia

Leading a global movement to redefine success in business, Certified B Corporations are a new type of company that uses the power of business to solve social and environmental problems. B Corporations consider the impact of their decisions not only on their shareholders, but also on their stakeholders (e.g., employees, consumers, suppliers, community, and the environment). B Corps are changemakers because they inspire all businesses to compete not only to be the best in the world, but to be the best for the world.  Companies like Patagonia, Ben & Jerry’s, King Arthur Flour, Seventh Generation are a good example.

In order to achieve the B Corporation certification, DeConi participated in an assessment process established by B Lab, the B Corporation certification body. The assessment included disclosure of information relating to the company operations, hiring and promotion procedures, environmental management practices, and governance.

There are more than 1 165 B Corporations  in 37 countries all over the world. Now Bulgaria is one of the 12th European countries on the B Corps map.

What are B Corporations?

DeConi certified B Corporation

B Corporations

Launch of the Inclusive Business Action Network

21 November 2014, Berlin

The Inclusive Business Action Network is a global support network to scale and replicate business models aimed at serving low income populations. Implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), the network is a home and single entry point to the global inclusive business community. It provides formats for mutual exchange and peer learning, highlight existing solutions supporting inclusive businesses, promotes partnerships for collective action, creates and makes information and knowledge easily accessible, offers access to implementation support on the ground in a broad range of countries and facilitates dialogue with policy makers on the international and local level.

The Network was launched at a three day event in Berlin from the 18th to the 20th of November 2014. A number of representatives of international institutions, governments, NGOs and private companies, including DeConi, participated in sessions that concentrated on the three main goals of the Inclusive Business Action Network: to inform, connect, and collaborate in the area of inclusive business.

Inclusive Business Action Network

The Practitioner Hub, is an online platform, for inclusive business practitioners to connect and gain new insights to help their inclusive business ventures grow, and hosts a wealth of case studies, briefs and checklists based on business experience. It was originally the platform of DFID’s Business Innovation Facility (pilot) and SIDA’s Innovations Against Poverty and now continues as a global forum to exchange ideas and information on inclusive business implementation.

Practitioner Hub for Inclusive Business

European Venture Philanthropy Association 10th Annual Conference – “Collaborating for Social Impact: the Next 10 Years”

21 November 2014, Berlin

The conference brought together more than 500 venture philanthropists and social entrepreneurs, NGO’s, intermediaries and foundation representatives from around the world to discuss a range of topics from crowdfunding to impact measurement and from exits or family philanthropy to government regulations.

A special event hosted by BMW Stiftung Herbert Quandt, Impact Hub and Artha Networks Inc./Rianta Capital was held within the framework of the conference to discuss how to seed the impact economy and social entrepreneurship and support the potential being manifested in neglected regions like Eastern Europe, the Caucasus, and Central & Western Asia. Emil Georgiev of DeConi presented the major challenges and opportunities for promoting the impact economy and establishing viable social enterprises in Bulgaria.