Social justice can be a part of almost any job in any sector. Many for-profit companies work to leverage their products, employees, and profits to better their community or the world. Some companies go even further and are social entrepreneurs that work to better the world using market-based approaches.
While companies may not have an explicit social justice mission, many companies have projects or foundations that serve social justice causes. Almost all Fortune 500 companies have a charitable arm/foundation. Many major corporations will do social justice projects related to the field of work or industry. For example, General Mills, a food products company, works to address the issues of nutrition and hunger in the community whereas Intel, a company that creates semiconductors, works to promote science and math education and access to technology worldwide.
Corporate Social Responsibility (CSR)
The Corporate Social Responsibility Department is a department within a company that works to extend the company’s overall mission by creating policies of built-in, self-regulations. They do this so that the company can have a positive impact through its activities on the environment, consumers, employees, communities, stakeholders and all other members of the public sphere. Corporate social responsibility department officers look to encourage community growth and development, and voluntarily eliminate practices that harm the public sphere, regardless of legality. Those working in Corporate Social Responsibility are guided by the mantra of honoring a triple bottom line: people, planet, profit.
Social entrepreneurs use entrepreneurial methods to create ventures that provide solutions to social issues. Social entrepreneurs work to create social change by generating profit along with creating social capital in creative and innovative ways. Famous examples include TOMS Shoes, a company that donates a pair of shoes to children in the developing world for every pair of shoes purchased, and Warby Parker, an eyeglass company that donates a pair of glasses to someone in need with each purchase.
Financial Services and Consulting
Microcredit/Microfinance: Microcredit, which was designed as a means to empower people in poverty while protecting them from predatory lenders, works by building credit, capital, and stability. With this money, they can invest in creating their own businesses, education and nutrition for their children, or simply building assets and a credit history. Microcredit is generally targeted at empowering those who are the least likely candidates for traditional loans such as women or the unemployed. People build up their credit with microfinance starting with a first loan of generally under $100 and building up until they can secure loans from traditional banking institutions. Microfinance is not limited to just one sector. Various not-for-profit organizations, multinational banks, and local banks have microfinance programs.
Microinsurance: Microinsurance, is taking hold as a new method of combating poverty. Microinsurance is focused on offering low-premium coverage to communities. The idea behind microinsurance is that even as people in the developing world accumulate assets, they still need to be protected against natural disasters, crop failure, or sickness. Without these protections, people could easily lose their investments and assets and go back into poverty overnight.
Patient Capital: Patient capital is a term used by the Acumen Fund to invest in social ventures in the developing world. While it is similar to investment done within the developed world, it focuses on long-term rather than short-term returns, and also focuses on maximizing both profit and social change. It differs from microfinance because the investments are much larger ranging from $300,000 to $2,500,000.
Not-For-Profit Consulting: Not-for profit consulting is a branch within consulting focusing on not-for-profits. While many consulting firms have not-for-profit clients, others, such as Bridgespan and Dewey Kaye, focus solely on the not-for-profit sector. Working with these organizations, the tasks and responsibilities will be similar to consulting for other fields; however, some specialized services that not-for-profit consultants provide include helping secure and develop a Board of Directors, guiding the philanthropy for foundations, and planning fundraising drives and campaigns.
- LionSHARE: Thousands of companies have recruited Columbia candidates through LionSHARE including Microfinance Transparency.
- Learn about Consulting, Finance, and Startups with CCE’s Industry Resources
- Kenneth Cole Community Action Program @ Columbia University: Spring-semester internships with civic engagement oriented organizations in New York. There are many other opportunities available through CCE’s additional internship programs.
- Vault and WetFeet Guides: Check out WetFeet’s Green Careers as well as a range of other professions, including finance, non profit, and consulting.
- Careers in Corporate Social Responsibility from SIPA
- Career Opportunities in Microfinance and Microfinance Organizations: From SIPA
- Career Opportunities in Consulting and Nonprofit Consulting Firms: From SIPA
- Start-Up Industry Exploration: CCE’s resource page for entrepreneurship.
- Columbia Graduate Consulting Club & Columbia Undergraduate Consulting Club
- Columbia Entrepreneurship: Mission is to help Columbia’s students, faculty and alumni launch Columbia-born ventures. Its website is a central location for entrepreneurship-centric resources at Columbia.
- Earth Institute: Brings together the people and tools needed to address some of the world’s most difficult problems, from climate change and environmental degradation, to poverty, disease and the sustainable use of resources.
- Microfinance Working Group at Columbia
- Corporate Responsibility Magazine: News and information for socially responsible organizations, offers a list of the top corporate citizens.
- Business for Social Responsibility: Global network of socially responsible organizations, offers a job board and event listings.
- B Corp: Lists of organizations certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency.
- Social Venture Network: An organization with the mission to support and employer leaders who leverage business to serve the greater good.
- Microfinance Club of New York: The mission of the MCNY is to be a leading forum for the free exchange of information and ideas about microfinance and to disseminate readily understandable, transparent and succinct information so as to further the microfinance field.
- Business for Social Responsibility
- Net Impact
- Just Means
- B Corps Job Board
- Social Investment Forum Job listings