Plenary 3: Doing business, doing good: maximising local social impact
Jul 10, 2025 | 3:00 PM - 4:30 PMPuerta de Oro - Auditorium
Jul 10, 2025 | 3:00 PM - 4:30 PM
Puerta de Oro - Auditorium
Description
The private sector has a powerful role to play in advancing inclusive and sustainable local transformations. Beyond generating jobs and growth, businesses can support efforts to expand opportunities for disadvantaged populations, strengthen skills development, and direct corporate social responsibility efforts for collective, local impact. Business coalitions, chambers of commerce, and industry groups can provide continuity across political cycles and steer local development strategies that align with economic realities. However, private sector involvement must be balanced with strong public and community engagement to avoid risks such as lack of transparency or economic growth that undermines social progress. Given their local roots and mission-driven orientations, social economy organisations can also have a powerful role to play. This session will bring together business, community and policy leaders to discuss how to harness private sector leadership in ways that create broad-based benefits for communities.
