Create shared knowledge and promote common narrative & language around for-benefits and for-benefit thinking across the fourth sector ecosystem.
For stakeholders to engage, they need to first become aware of the fourth sector and the opportunities it presents them.
Once aware and excited, key stakeholders in finance, technology, media, academia, law, marketing and communications, faith communities, and other areas can then advance their piece of the ecosystem in a way that furthers their own interests.
For example, by practicing for-benefit law, lawyers will open themselves to a growing new market. Similarly, other stakeholders have interests that can be advanced through the fourth sector as they contribute to building its ecosystem.
Educate & Train
Initiatives Raising Awareness on the 4SG Platform:
COVID-19 Fourth Sector Response
COVID-19 Fourth Sector Response is a collaborative, multi-stakeholder effort to rise to the challenge of the COVID-19 crisis by harnessing the fourth sector of the economy to build a more resilient, inclusive and sustainable future.
Building Better: Social and economic recovery through fourth sector development
Enhancing Knowledge, Educating & Training, Advancing Policy, Raising Awareness, Connecting Stakeholders, Mobilizing Resources
The Fourth Sector in Ibero-America Project
The Fourth Sector in Ibero-America Project is a multi-stakeholder initiative led by the Ibero-American General Secretariat (SEGIB) and the United Nations Development Programme (UNDP), that seeks to facilitate the creation of a more prosperous, socially fair and environmentally sustainable economy in the 22 countries of Latin America and the Iberian Peninsula, by advancing the development of a new ecosystem for benefit-driven enterprises.
Fostering social & sustainable economy in Ibero-America
Advancing Policy, Raising Awareness, Connecting Stakeholders, Enhancing Knowledge
The rules for business are changing rapidly. Leading any organization today is more complex and uncertain than ever. Corporate managers are increasingly asked to do more than deliver financial results or quality goods and services; they are being tasked with tackling massive environmental and societal challenges, operationalizing purpose, and meeting the demands of multiple stakeholders, while navigating an environment of rapid change.
The Buy For-Benefit Coalition, which aims to leverage the trillion spent in procurement dollars to transform global value chains and advance an economy that benefits all stakeholders, launched at the World Economic Forum 2020 Annual Meeting in Davos, Switzerland.
Enhancing Knowledge, Raising Awareness, Connecting Stakeholders, Educating & Training, Mobilizing Resources, Advancing Policy
Fourth Sector Development Initiative
The Fourth Sector Development Initiative (FSDI) is a collaboration of public, private, and philanthropic institutions committed to accelerating sustainable, inclusive development by catalysing trillions of dollars of fourth sector growth globally by 2030.
Global Future Council on International Governance, Public-Private Cooperation and Sustainable Development
Enhancing Knowledge, Advancing Policy, Raising Awareness, Connecting Stakeholders, Educating & Training, Mobilizing Resources
Fourth Sector 2030
In collaboration with a range of partners, and with support from the UK Department for International Development (DFID), we are engaging stakeholders from the private sector, governments, inter-governmental organizations, communities, academia, civil society, philanthropy, and the fourth sector to establish a growing reservoir of knowledge, tools, and approaches for releasing the potential of for-benefit enterprise to deliver solutions across the entire range of SDGs.
FS 2030 aims to accelerate the development of an enabling ecosystem for purpose-driven, for-benefit businesses — the emerging fourth sector of the economy.
Educating & Training, Enhancing Knowledge, Advancing Policy, Connecting Stakeholders, Raising Awareness
Fourth Sector Mapping Initiative (FSMI)
Led by a 180+ member Advisory Council of diverse experts, FSMI is developing a rigorous taxonomy of for-benefit organizations and conducting a global census of these entities and their supportive ecosystems.
The Fourth Sector Mapping Initiative is a global, multi-stakeholder collaborative effort to shed light on the emerging fourth sector of the economy.
Raising Awareness, Connecting Stakeholders, Advancing Policy, Enhancing Knowledge
OXFAM - Future of Business Initiative
Oxfam's Future of Business Initiative advances a portfolio of projects supporting for-benefit enterprises—businesses that prioritize social aims and put the interests of workers, farmers, communities and consumers alongside those of investors. Oxfam will help for-benefit businesses to access finance, work with global companies on how they can include such businesses in their supply chains, and investigate how for-benefit businesses can contribute towards tackling global inequality.
Promoting equitable businesses and fourth sector development
Raising Awareness, Mobilizing Resources, Connecting Stakeholders, Enhancing Knowledge
Fourth Sector Data Commons
To meet the global demand for better data and understanding about for-benefit organizations, the goal of the Fourth Sector Data Commons is to create a comprehensive, worldwide source of information on the scale, scope and performance of for-benefit organizations, their supporting ecosystem, and other closely aligned organizations. It will be an open, freely accessible, participatory, cloud-based platform that enables users to pool and access existing sources of relevant data; gather, update, expand, and deepen data on ongoing basis; and perform business, impact, and policy analysis and research.
A component of the Fourth Sector Mapping Initiative, the Data Commons will be developed and stewarded for the benefit of public agencies, practitioners, researchers, consumers, economic developers and other members of the fourth sector community.
An open, freely accessible, interactive online database of for-benefit organizations and fourth sector support organizations.
Raising Awareness, Advancing Policy, Educating & Training, Connecting Stakeholders, Enhancing Knowledge
CARE Enterprises Growth Fund
CARE Enterprises Announces Plans to Deploy $30 Million through Investment Structures and Collaboration with World Economic Forum’s Fourth Sector Development Initiative
A $30 million, 10-year Growth Fund focused on scaling for-benefit enterprises in frontier markets, being structured by CARE Enterprises.
Mobilizing Resources, Connecting Stakeholders, Raising Awareness, Enhancing Knowledge
Fourth Sector Policy Initiative
A global, multi-stakeholder collaboration to develop and promulgate a comprehensive fourth sector policy framework, including model laws that could be adopted at the national, state and local levels around the world. To inform the work, the Fourth Sector Policy Initiative is undertaking a research effort in collaboration with DLA Piper and other partners to examine recent legal and regulatory reforms which have been adopted around the world to recognize and support for-benefit organizations.
A comprehensive fourth sector policy framework
Advancing Policy, Raising Awareness, Enhancing Knowledge