Do One Better with Alberto Lidji in Philanthropy, Sustainability and Social Entrepreneurship

Latest Episodes:

Geoff Wilson, Australian philanthropist, on innovative funding for social impact: Pioneering Pro Bono Investment Models and Scaling Philanthropy Oct 28, 2024

Show notes

Geoff Wilson shares insights into his journey from financial success to a deep commitment to philanthropy, driven by a blend of personal values and a vision for the social impact potential within the asset management industry.

Growing up in a middle-class family in Melbourne, Australia, Wilson absorbed values that emphasized community engagement, a theme that he has woven into his professional life over 44 years in finance. Wilson's story is a testament to how philanthropic endeavors can be intricately tied to financial success and how strategic giving can transcend traditional methods.

Geoff Wilson is the founder of Wilson Asset Management in Australia, and this episode dives into Wilson's innovative financial model, which redefines the role of fund management fees. Inspired by a UK-based cancer research fund, Wilson established the Future Generation and Future Generation Global funds in Australia, where managers oversee assets pro bono. This model allocates management fees toward charitable causes rather than the fund’s bottom line. His structure not only benefits the charities but provides value to investors who pay lower fees while accessing premier fund managers. Wilson’s focus has centered on supporting causes like youth mental health and children at risk, establishing a collaborative funding approach that’s become influential within the Australian finance and philanthropic landscapes.

Wilson’s funds were received with initial skepticism in Australia, as the philanthropic landscape was, until recently, conservative about publicizing donations. However, his pro bono investment structure has since inspired other funds to adopt similar models, and it now channels millions annually into Australian charities. This initiative represents a "win-win-win" for fund managers, investors, and charities alike — a sentiment Wilson describes as the driving ethos of his model.

Beyond financial commitment, Wilson encourages others worldwide to replicate this model, suggesting that an interconnected global approach can support more resilient philanthropic ventures. Emphasizing that impactful giving is as much a personal journey as a financial one, he describes his own evolving sense of purpose: once focused on wealth accumulation, he now finds profound fulfillment in maximizing social impact and improving lives through sustainable philanthropic structures.

Thank you for downloading this episode of the Do One Better Podcast. Visit our Knowledge Hub at Lidji.org for information on 250+ case studies and interviews with remarkable leaders in philanthropy, sustainability and social entrepreneurship.

Dr Simon Lyster, Chair of the Essex Local Nature Partnership, on Nature Recovery and Biodiversity Gains Oct 21, 2024

Show notes

In this engaging conversation, Dr Simon Lyster, Chair of the Essex Local Nature Partnership, delves into the promising strides being made in nature recovery within Essex, a region in the United Kingdom.

Despite the global trend of biodiversity loss and environmental challenges, Essex presents a model of positive change through collaborative efforts and innovative strategies.

This episode explores the multi-faceted approach taken by the Essex Local Nature Partnership, emphasising the importance of cross-sectoral cooperation and the involvement of diverse stakeholders—including conservation NGOs, local governments, businesses, farmers and communities.

Dr Lyster provides a nuanced understanding of how the UK’s 2021 Environment Act has become a cornerstone of these efforts. This legislation is particularly noteworthy for mandating that public authorities not only protect but enhance the natural environment. It has also introduced the principle of biodiversity net gain, which requires new housing developments to leave the environment at least 10% better than before.

This policy has encouraged a collaborative relationship between developers and environmentalists, turning a potential point of contention into an opportunity for mutual benefit. The ability to demonstrate biodiversity improvements has made developments more attractive, adding to their appeal and marketability.

Throughout the conversation, Dr Lyster emphasises the crucial role of community involvement in driving this nature recovery. Local groups have been empowered to undertake conservation activities, from creating wildflower meadows to restoring wetlands. This grassroots energy complements top-down policies and builds momentum for ecological restoration at a landscape scale.

The partnership's ongoing work to develop a comprehensive Local Nature Recovery Strategy for Essex is set to provide a clear vision for the future, detailing priority areas for habitat restoration and enhancing ecological connectivity across the county.

Jared Blumenfeld, President of Waverley Street Foundation on Tackling Climate Change Oct 14, 2024

Show notes

Jared Blumenfeld, President of the Waverley Street Foundation, discusses the foundation’s bold mission to deploy $3.5 billion over ten years to tackle climate change. The foundation was created and funded by Laurene Powell Jobs.

Blumenfeld explains that unlike traditional foundations with perpetual funding models, Waverley Street’s "spend-down" approach reflects the time-sensitive nature of the climate crisis, seeking to galvanize action that can yield transformative results within the short window left to mitigate severe environmental impacts.

Blumenfeld highlights the foundation’s core focus areas: regenerative agriculture and renewable energy. He stresses that these are not arbitrary selections but fundamental systems that underpin resilience in communities and can foster economic stability while addressing environmental challenges.

By focusing on community-driven solutions, the foundation aims to empower local actors who are vital to generating the political will and corporate accountability necessary to drive large-scale change.

One of the foundation’s defining characteristics is its "bottom-up" strategy, where solutions emerge from local communities rather than being imposed by top-down mandates. Blumenfeld explains that communities must see tangible improvements in their lives from climate interventions. This is especially important to create a groundswell of public support for climate policies, which often stall due to a lack of localized relevance.

The foundation has grown significantly in its first two years, evolving from a startup-like team of four to a robust organization with 27 staff members, all aligned with this grassroots ethos.

Geographically, the foundation’s efforts are concentrated in G20 countries, including the U.S., Mexico, Brazil, India, Indonesia, and South Africa. Blumenfeld emphasizes that the challenge is global, but the foundation has strategically narrowed its focus to these key regions to maximize impact.

By prioritizing regenerative agriculture and renewable energy, Waverley Street aims to transform food and energy systems, thereby strengthening both ecological and economic resilience in the face of increasing climate shocks.

Blumenfeld also delves into the complexities of deploying such a vast corpus of philanthropic funding. He reflects on the difficulty in identifying high-impact grantmaking opportunities and how the foundation has used a "success mapping" approach to identify promising initiatives that can be scaled globally.

Looking ahead, Blumenfeld is optimistic about the momentum building in the climate space, particularly the growing intersection of climate with other philanthropic areas such as education, healthcare, and agriculture. He calls for a broader definition of climate philanthropy, one that engages with a diverse range of sectors and funders who may not traditionally see themselves as part of the climate movement but are crucial to achieving systemic change.

CEO Roundtable Discussion: The Entrepreneurial Mindset to Drive Social Impact Oct 07, 2024

Show notes

CEO Roundtable Discussion: The Entrepreneurial Mindset to Drive Social Impact. The CEOs of the Duke of Edinburgh's International Award Foundation - Australia (Peter Kaye), the Veddis Foundation (Murugan Vasudevan), Maanch (Darshita Gillies), and the MD of the Peter Jones Foundation (Bill Muirhead), join Alberto Lidji in his capacity as Visiting Professor at the Hunter Centre for Entrepreneurship at Strathclyde Business School and Founder of the Do One Better Knowledge Hub and Podcast to discuss why an entrepreneurial mindset is invaluable in driving forward social impact. Alberto was formerly the Global CEO of the Novak Djokovic Foundation. The panel was also joined by Dr Phil Considine, Director of Executive Development at Strathclyde Business School.

This discussion was held live on 4th October 2024 with a global audience. The panel was based in England, Scotland and India.

Catherine Johnstone, CEO of Royal Voluntary Service: Launching a Volunteering Marketplace and Civic Engagement Sep 30, 2024

Show notes

Catherine Johnstone, CEO of Royal Voluntary Service (RVS), provides a compelling and thoughtful analysis of the evolving role of volunteering in society, highlighting the ambitious initiatives and rich legacy of the RVS.

The organisation, with a history dating back to World War II, has played a pivotal role in mobilising citizens to take active roles in their communities. From backfilling roles on the home front during the war to feeding the nation and building community resilience through Meals on Wheels and social welfare programs, RVS has continually adapted to meet the needs of the times.

Johnstone delves into the organisation's efforts to modernise, not only through its services but also through its use of technology. A striking example of this innovation is the virtual village hall, an online platform where 60,000 users engage in activities such as yoga, book discussions, and social interaction. This platform is a testament to RVS's ability to leverage digital spaces to foster community and connection. More impressively, the organisation managed to mobilise over a million volunteers during the pandemic, providing crucial services such as helping vulnerable individuals access medical appointments and medications. This period, according to Johnstone, was one of the most exhilarating and challenging in her career, where RVS demonstrated the power of civic mobilisation at scale.

The discussion also highlights the disruption caused by the pandemic, which revealed the UK’s deep well of volunteering potential. Johnstone discusses how pre-pandemic notions of volunteering often centred on older, wealthier demographics with time to spare, limiting broader participation. During the COVID-19 crisis, the surge of 12.4 million people volunteering in various capacities — from mutual aid groups to vaccine centres — demonstrated that the desire to contribute is widespread across all age groups and backgrounds. This shift, Johnstone suggests, presents an opportunity to rethink how volunteering is structured, making it more accessible, flexible, and suited to modern lifestyles.

Looking forward, one of the most exciting projects discussed is the upcoming launch of a "volunteering marketplace" in early 2025. This marketplace aims to create a frictionless, collaborative space where individuals can easily volunteer across organisations, with streamlined processes for background checks, training, and onboarding. Johnstone emphasises the need for a system where volunteers can move seamlessly between roles, with trust and transparency between organisations. This initiative seeks to expand the scope of volunteering, making it easier for people of all ages and backgrounds to get involved, whether through in-person roles or remote opportunities.

Johnstone also addresses the challenges of the current volunteering infrastructure, which is often underfunded and inconsistent across regions, particularly in areas that need it the most. She argues for the necessity of local and national collaboration and underscores how digital tools can play a critical role in making volunteering more universal and accessible.

The volunteering marketplace will not only cater to traditional charities but will also be designed to integrate with the public sector and businesses, aligning with corporate social responsibility goals. This marketplace, Johnstone explains, is part of a broader strategy to make civic engagement and active citizenship an integral part of British life. By facilitating the participation of businesses and individuals alike, the marketplace will enable more people to contribute in ways that are meaningful and impactful, reflecting the reality that people are not just workers or volunteers on certain days — they are citizens every day.

John Goodwin, Executive Chairman of the Learning Economy Foundation, on Driving Systemic Change in Education and Employment with Emergent Technologies and Verified Digital Credentials Sep 23, 2024

Show notes

John Goodwin, Executive Chairman of the Learning Economy Foundation, offers an insightful examination of how emergent technologies — particularly verified credentials and digital credentials — are set to transform global education and employment systems.

Through his role, John advocates for leveraging technology as a public good to promote equity, mobility, and individual agency, especially in underserved populations.

The Learning Economy Foundation, unlike traditional philanthropic organizations, focuses on developing open-source technologies and infrastructure that others can build upon, facilitating systemic change and innovation.

A major theme in the conversation is the role of verified digital credentials, which allow individuals to hold digital versions of diplomas and certificates that carry the same credibility as traditional paper equivalents. These credentials have wide-ranging applications, from employment and education to areas like property rights, and aim to simplify and secure the transfer of qualifications across borders and systems.

John emphasizes that the foundation is particularly focused on addressing gaps in the current education systems that fail to serve impoverished populations, especially in developing countries. By enabling the use of low-cost digital solutions, they hope to make a meaningful impact where educational inequity is most prevalent.

John’s past experience as CEO of the LEGO Foundation and his work with the Principles for Responsible Management Education (PRME), a UN initiative, further illustrates his commitment to systemic change in education. He acknowledges the inherent challenges of shifting long-established systems but stresses the importance of multi-stakeholder engagement and collaboration to drive meaningful progress.

Systemic change, as John learned during his tenure at LEGO, cannot be achieved in isolation; it requires the cooperation of governments, educational institutions, businesses, and technologists working together toward a common goal.

The conversation also touches on the importance of serendipity in this process. John highlights that while planning and strategy are vital, unexpected opportunities and collaborations often become key turning points. His reflections on embracing flexibility and agility offer a refreshing counterpoint to rigid planning in a field that demands innovation.

John’s vision for business education is also explored. As a board member of PRME, he champions the integration of responsible management practices into business school curricula, noting that one in three graduates globally come from business-related fields. He sees future leaders as vital to advancing the Sustainable Development Goals (SDGs), advocating for a broader understanding of success beyond profit maximization, focusing on the social and environmental impact of business decisions. John argues that the pace of change must accelerate to meet the urgency of the global challenges laid out by the SDGs.

Patrick Dunne and Rebecca Robins, co-authors of Five Generations at Work: How We Win Together, For Good, explore the dynamics of multigenerational collaboration in today’s world Sep 16, 2024

Show notes

In this engaging episode, Patrick Dunne and Rebecca Robins delve into the fascinating and timely subject of multigenerational organizations, drawn from insights in their book Five Generations at Work: How We Win Together, For Good.

For the first time in history, we have five distinct generations working concurrently across organizations globally, presenting both challenges and immense opportunities for innovation, collaboration, and social impact.

Dunne and Robins argue that the current generational discourse has become reductive, often fixated on stereotypes that do little to foster understanding or promote synergy. Instead, they propose a new narrative that embraces the strengths of every generation — whether it be Gen Z's agility and digital fluency or the seasoned wisdom and reflective thinking that older workers offer. They emphasize the importance of shifting from an "either-or" mindset that pits generations against each other to a "both-and" approach that maximizes the contributions of all age groups.

The authors highlight key findings from six years of research, drawing on extensive interviews and case studies from diverse global organizations like LVMH, Mars and the EY Foundation. These organizations have successfully integrated intergenerational dynamics to not only solve internal business challenges but also to drive positive social outcomes.

They also discuss various models of collaboration, such as NextGen boards, which have proven effective in creating an inclusive environment where different generations can share leadership and decision-making roles.

The episode also touches on how different cultures define generations and how these definitions impact workplace dynamics. From the post-apartheid "Born Free" generation in South Africa to the "9X" generation in Vietnam, the authors provide a nuanced understanding of how context shapes generational identities.

Dunne and Robins conclude with a call to action, urging leaders to recognize the unique moment we are living through — where the convergence of generations presents a "renaissance" of sorts. Instead of framing generational differences as a source of tension, leaders should see this as a once-in-a-lifetime opportunity to foster collaboration and drive collective progress, not only within organizations but across broader societal challenges like climate change, inequality, and technological disruption.

This thought-provoking discussion reframes how we should think about multigenerational workplaces, encouraging a more optimistic and pragmatic view that underscores the power of collaboration across ages to "win together for good."

Sebnem Sener, Head of Private Finance for the SDGs at UNDP’s Sustainable Finance Hub, on Closing the $4.2 Trillion SDG Financing Gap and Driving Impact in Emerging Markets Sep 09, 2024

Show notes

In this enlightening discussion, Sebnem Sener, Head of Private Finance for the SDGs at United Nations Development Programme's (UNDP) Sustainable Finance Hub, provides a nuanced analysis of the vast financial gap preventing the achievement of the Sustainable Development Goals (SDGs) by 2030. The current $4.2 trillion annual financing shortfall is daunting, yet Sener emphasizes that this represents merely 1% of global wealth, urging the private sector to increase investments in SDG-aligned projects, particularly in emerging markets.

Sener explains the central role of the UNDP’s Sustainable Finance Hub in mobilizing private capital to where it is most needed, highlighting the strategic use of the organization’s global network of 170 country offices. This network provides critical local insight, market intelligence, and an understanding of country-specific policy priorities, which are essential for identifying SDG-aligned investment opportunities.

A core theme of the conversation is the challenge of managing both financial and impact risks. Sener stresses the importance of impact management systems, urging businesses to consider impact risks on par with financial risks. She illustrates this by recounting her engagement with a maternity clinic in Tanzania, where environmental concerns around medical waste had to be addressed alongside the clinic's primary goal of improving maternal health. Sener’s example demonstrates how embedding impact management frameworks into business operations can mitigate negative outcomes and enhance the overall sustainability of investments.

The interview also sheds light on the critical issue of perceived risk in emerging markets, where investors often hesitate due to political instability, economic volatility, and regulatory uncertainty. Sener argues that these risks can be addressed through innovative financial instruments such as blended finance, guarantees, and green bonds, which help to de-risk investments and attract private capital.

Deal origination remains a significant hurdle in emerging markets, and Sener introduces the SDG Investor Map as a vital tool for overcoming this challenge. The map helps identify areas ripe for investment by aligning with country-specific development needs and successful business models. The SDG Investor Map draws on the on-the-ground intelligence from UNDP’s country offices, which play a pivotal role in vetting businesses and ensuring that they are truly aligned with SDG objectives, thus enhancing credibility for investors.

Sener’s insights also emphasize the importance of collaboration. The financial ecosystem for impact is broad and diverse, encompassing not only global banks and institutions but also regional and domestic investors whose efforts often go unnoticed. This intricate network, facilitated by UNDP, creates a more fluid and inclusive market for sustainable investments.

Looking ahead, Sener remains cautiously optimistic. While the progress toward the SDGs is far from sufficient—only 15% of targets are on track—the realignment of financial systems to embed sustainability at their core presents a promising pathway forward. For Sener, the solution lies in rethinking how businesses operate, ensuring sustainability is at the heart of decision-making processes.

Throughout the conversation, Sener’s wealth of experience, from her time advising HM Queen Máxima of the Netherlands to her current role at UNDP, shines through. Her understanding of financial inclusion and sustainable finance, combined with her optimism for the future, presents a compelling vision for how the private sector can play a transformative role in achieving the SDGs.

Geraldine O'Callaghan, Director of the World Food Programme Global Office, on Bridging the Widening Gap Between Global Hunger Needs and Available Resources Sep 02, 2024

Show notes

Crisis on the Frontline: A Closer Look at the WFP’s Expanding Challenges

Geraldine O’Callaghan, Director of the World Food Programme's Global Office, sheds light on the profound challenges faced by the WFP as the gap between global hunger needs and available resources widens significantly.

With operations in 120 countries, the WFP is confronted with a staggering increase in hunger, exacerbated by economic turmoil, escalating conflicts, and the relentless impacts of climate change.

Geraldine details how these factors have driven a nearly threefold increase in the number of people facing acute food insecurity over the past five years. Despite the WFP’s efforts to expand its reach, the organization now struggles to meet less than half of the global hunger needs, forcing tough decisions on the ground.

This discussion underscores the urgency of rethinking how the international community responds to crises, emphasizing the necessity for more sustainable and anticipatory action.

Innovative Approaches: Embracing New Solutions Amidst Dire Straits

While the global hunger situation appears increasingly dire, Geraldine O’Callaghan brings attention to the importance of innovation and creative funding solutions. She discusses how the WFP is exploring partnerships with non-traditional donors, including Gulf States and the private sector, to diversify and stabilize funding sources.

Geraldine also highlights the promising role of technology and innovation in addressing food security, from AI and early warning systems to simple yet impactful solutions like climate-resistant crops and organic waste recycling.

The conversation pivots from the bleakness of the current global landscape to a more hopeful perspective, where innovative approaches could significantly improve the efficiency and impact of the WFP’s efforts. This exploration into cutting-edge strategies and partnerships offers a glimpse of potential pathways to closing the gap between needs and resources.

A New Vision: The Long-Term Perspective on Global Food Security

Wrapping up the conversation, Geraldine reflects on her extensive experience in the development sector and stresses the need for a shift towards long-term, strategic interventions. She argues that the traditional short-term, reactive responses to humanitarian crises are no longer sufficient. Instead, there must be a focus on building resilience within vulnerable communities and integrating anticipatory action into the international response framework.

Geraldine’s call for embracing risk, tolerating failure, and investing in long-term solutions, even in the face of seemingly insurmountable challenges, serves as a powerful takeaway for listeners. Her vision is clear: sustainable change in global food security will only be achieved through a courageous commitment to long-term planning and innovation, even when immediate outcomes are less visible.

Jessica Anderen, CEO of the IKEA Foundation: Driving Global Change through Sustainable Livelihoods, Renewable Energy, and Value-Based Partnerships for a Better Future Aug 26, 2024

Show notes

In this episode, Jessica Anderen, CEO of the IKEA Foundation, provides an in-depth look at the Foundation's commitment to addressing the most pressing global challenges, particularly poverty and climate change.

She reflects on her journey within the IKEA ecosystem, from her extensive background in the corporate world to her current leadership role at the Foundation, highlighting the continuity in values that has driven her work over the years.

The IKEA Foundation, established by IKEA's founder Ingvar Kamprad 15 years ago, has evolved from a small organization into a significant philanthropic entity, now distributing around 400 million euros annually.

The Foundation focuses on sustainable livelihoods and environmental protection, recognizing the intrinsic link between climate change and poverty. The organization’s mission is aligned with the UN Sustainable Development Goals (SDGs), and its strategy is built on a foundation of strong values and a commitment to creating lasting systemic change.

Jessica emphasizes the importance of being on the ground and listening to the people directly affected by these global challenges. Her global experience, having lived and worked in various regions such as China, Bangladesh, and India, has given her unique insights into the local impacts of climate change and poverty.

This perspective informs the Foundation's approach, which prioritizes partnerships with local organizations that are deeply embedded in their communities and capable of driving sustainable change.

A key aspect of the IKEA Foundation’s work is in the energy sector, particularly in accelerating the shift to renewable energy. Jessica shares an inspiring example from their partnership with the SELCO Foundation in India, which aims to provide sustainable solar energy solutions to healthcare facilities, significantly improving access to care for millions of people. This project illustrates the Foundation's broader strategy of supporting initiatives that offer practical, scalable solutions to global challenges.

Jessica also discusses the Foundation's approach to developing its new strategic cycle, which will take them to 2030, a pivotal year for the SDGs. The strategy is being co-created with partners across different regions, ensuring that it is responsive to the needs on the ground and capable of delivering meaningful impact. Jessica stresses the importance of accountability, both within the Foundation and among its partners, and the need for clear, pragmatic communication to drive action.

Her leadership is characterized by a blend of urgency and optimism, informed by her corporate background, which she leverages to bring a results-oriented mindset to the philanthropic sector. She advocates for simplicity and inclusivity in language and approach, ensuring that their work is accessible and actionable for everyone involved.

Jessica believes that by staying true to their values, continuously learning, and fostering intense collaboration across sectors, the IKEA Foundation can create meaningful, lasting change that benefits people and the planet for generations to come.

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