Schillebeeckx: India mandates corporate philanthropy once companies turn profitable
Simon Schillebeeckx · 3 White Male Co-Founders Noticed a Pattern and Changed It · Jan 18, 2023 · at 11:34
Simon Schillebeeckx, Chief Strategy Officer of Handprint, discusses international corporate social responsibility regulations and giving cultures.
0:00 / 0:08exact quote · 8.9s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“Except like in countries like India, you have a regulatory obligation to do some kind of philanthropic giving from the moment that you become profitable.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Simon Schillebeeckx
Schillebeeckx: Maximizing positive 'handprints' beats reducing negative footprints for corporate sustainability
“Our overarching thesis is that the environmental responsibility of an organization should not be limited to simply reducing its negative impact. There's a much more aspirational goal to be found in working with companies to create a positive impact in the worl…”
Schillebeeckx: Forcing retail customers to donate at checkout backfires on brands
“It should not force the customer to make an additional payment because this is unlikely to work and actually it's more likely to backfire. It might create negative impact.”
Schillebeeckx: On-chain impact tokenization adds corporate friction unless abstracted
“The tokenization of impact itself is not necessarily something you want to do on a blockchain because it's going to create quite a lot of friction, especially in terms of corporate adoption, right? So unless if you can make it really opaque, So that companies …”
Schillebeeckx: Treating employees 'how you want to be treated' is management bullshit
“The risk in this kind of approach is that it's like this idea that it comes from the Bible, right? So you should treat people the way you want to be treated. That's like a biblical narrative. Bullshit. Because that assumes that people are the same as you. You …”
Schillebeeckx: Handprint acts as commercial agents selling NGO impact products
“We work as commercial agents for nonprofit organizations that we bring into our ecosystem. That means that we are responsible for selling their impact products. And so we kind of move away from fundraising. We work with NGOs to turn them to kind of help them e…”
Schillebeeckx: Handprint removed 'fundraising' from marketing to avoid regulatory liabilities
“We very recently had to do a massive sweep through our website, all of our sales materials. And so to make sure that the word fundraising does not appear in that in the, in that documentation, because it's very easy to explain to people that, This is, we work …”