TDi celebrates UN World Day of Social Justice with demonstrations of hope for a more just and inclusive economy.

20 February 2020

Today the UN is calling for “closing the inequalities gap to achieve social justice”. We want to share the ways in which TDi and our partners are helping to address inequalities through the power of business and cross-sector innovation.

Inequality is rising and our current economy is frankly unsustainable. Inequality affects us all – it threatens peace, deepens poverty and contributes to our climate crisis.

It is time to reduce inequalities globally.

As the United Nations and the International Labour Organization Office state:

“One in 5 workers still live in moderate or extreme poverty, geographical disparities impede access to decent work, many workers face stagnant wages, gender inequality prevails and people are not benefitting equally from economic growth. Inequalities between and among countries are weakening social cohesion, preventing people from achieving their full potential and burdening economies. It is time to reduce inequalities globally.”

We deeply believe in the power of business to deliver social justice.

TDi is about bringing together two worlds that have been firmly wedged apart, the world of business & the world of delivering social good. We play a convening role in the middle of these two worlds to dream and design a new reality and models that address inequality, exclusion & sustainability.

Bringing governments, business and communities together to find new ways of doing business creates opportunities for trade, investment & capital flows and ultimately contributes to securing peace and a shared prosperity.

So… how exactly do we advance Social Justice through business?

One of the ways TDi advances social justice is by supporting business entrepreneurship amongst indigenous people to overcome the exclusion from trade markets they often experience. Our cross sector work in social innovation and a market based approach to poverty alleviation seeks to achieve full participation in the global economy and promotes an inclusive economy in Australia and the Pacific.

Some of the specific ways we do this is by:

Helping good businesses to grow so they can provide greater social impact

Women’s Business Resource Centre (WBRC) in Port Moresby, Papua New Guinea to run a growth accelerator program called Guria for twelve selected businesses. As a result of the program, each entrepreneur aims to double their revenue and double their profit, without doubling their workload. The intent is to shift ownership of the program to WBRC over the next few years so that they can to assist all of their members, creating a broader impact across Papua New Guinea.

TDi also partners with Indigenous Business Australia to run accelerator programs tailored to Australian Indigenous Entrepreneurs. Together we are deeply invested in the financial success and economic independence of Aboriginal and Torres Strait Islander people. When we help a business to achieve sustainable growth it creates employment opportunities, strengthens communities and the local economy.

Designing more inclusive and sustainable supply chains

 

YuMi Tourism Partners is a cross-sector partnership between Carnival Australia, the Australian Department of Foreign Affairs and Trade (DFAT) and The Difference Incubator. It is aimed at driving local business, jobs and economic growth in Vanuatu and Papua New Guinea through a shared value approach with the private sector. It is a powerful example of how we can achieve social justice in a more holistic way and through true collaboration between business, government and community.

 

It has already delivered an additional AUD$1.5m income per annum into communities in the South Pacific through new tourism contracts, whilst improving Carnival Australia’s onshore experience.

 

We live and operate in an era that requires great acts of bravery, creativity and fresh approaches to entrenched social problems.

World Economic Forum Davos 2020 reported as the new decade

“opens with a fragile growth outlook, social tensions over the evident polarization of economic outcomes and high levels of uncertainty…there are signs of policy agility and business reform that may lead to a different, better kind of economic growth”

Now is the time for governments and businesses to embrace innovative new approaches that push the boundaries, leverage resources and advance a more just and inclusive world economy.

Every initiative starts with a difference maker who believes that there is a better way. We deeply value the courage and vision of these people and the alliances and partnerships that have helped to advance social justice in our work. We are convinced more than ever that development without economic development will only continue to lock people in poverty and not see the future we all dream of realised.

 

 

Curious about how we could work together?

We’re always up for a coffee and a chat to explore the possibilities. Get in touch.

Spread the love

Meet Difference Maker, Ruth

Ruth has worked closely with us on several projects including the Laikim Sister program, as well as our ongoing work with bilum.

Holiday Recommendations – 21/22

Looking for some reading, listening or watching recommendations for the holiday season?Throughout the year, in our Newsletter, we have shared various recommendations for reading, listening and watching. We share some of these below that you might like to enjoy over...

Meet our WOW participants

We introduce you to some of the participants of the Women of the World program, due to begin in early 2022.

PNG Local Business Coach focus: Mari Ellingson

Empowering women in business is something we’re very passionate about. So when we get to build local capacity in our women-led business coaching program it’s even more exciting, as the potential impact is so much greater. Mari is one of our Local Business Coach...

Women of the World

Women of the World – a cohort business program offering economic independence and health literacy programs for migrant and refugee women.

PNG Local Business Coach focus: Mary Handen

We are excited to be partnering and building local capacity in our women-led business coaching program in PNG. Mary is one of our Local Business Coach (LBC) participants and we have loved working with her over these past few months. We caught up recently and want to...

Business and mindset coaching offers key to covid recovery for women-led businesses in PNG

TDi are working with PNG Women’s Business Resource Centre to recruit and coach a total of 100 women-led SMEs (or deliver 800 hours of coaching) over four rounds of coaching from May through to December, with an average of 200 hours of coaching per round. Alongside, 4 Local Business Coaches are being trained in TDi’s method to continue to support women-led SMEs in PNG. Here are the results for the first of the four rounds of coaching.

What 10 years and deep curiosity has taught us

Last year TDi celebrated 10 years, and over that time we’ve had the opportunity to travel with a number of organisations and often get a bird’s eye view of what’s going on. Recently, TDi’s CEO Anthea Smits, had the opportunity to reflect on what the past 10 years and deep curiosity has taught us. This article is a reflection on our top 6 learnings.

Meaningful Conversations about Reconciliation

This month’s Meaningful Conversation coincided with the start of National Reconciliation Week so we took the opportunity to explore the notion of reconciliation, and particularly this year’s theme which invites brave action.

Using the Business Model Canvas

When it comes to creating a new business, one question looms larger than all others: “Does this have potential?” The Business Model Canvas is a great starting point. This blog by TDi’s Isaac Jeffries describes how to fill out it out.