Merging Business and Philanthropy for Sustainable Impact
<p>The traditional notions of business and philanthropy were often seen as separate realms. Business was driven by profit and sustainability, while philanthropy focused on addressing social and environmental issues without the profit motive. However, a paradigm shift has occurred over the past few decades, with many businesses recognizing the power of merging these two worlds. This approach, often referred to as “social entrepreneurship” or “<a href="https://online.hbs.edu/blog/post/types-of-corporate-social-responsibility" rel="noopener ugc nofollow" target="_blank">corporate social responsibility (CSR)</a>,” aims to create a sustainable, positive impact by integrating philanthropic initiatives into business models.</p>
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