World’s Largest Companies Get Together to Fight Inequality
- Coalition of companies led by Danone to scale up efforts
- Goal is for initiatives to become or inspire public policy
Business for Inclusive Growth initiatives includes supporting small farms by introducing sustainable practices.
Photographer: Lou Benoist/AFP via Getty Images
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A coalition of some of the world’s largest companies, including Danone, Unilever and Mars Inc., plans to expand projects aimed at fighting inequality.
The group of 40 companies, dubbed Business for Inclusive Growth, or B4IG, held its first board meeting on Monday to discuss ideas on how to tackle issues like gender equality or helping refugees enter the workplace. An incubator program will now seek to scale up more than five dozen projects that have received investment pledges of $1.4 billion.