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#23: B Corps, Global Policy, and Systemic Change (w/ Marcel Fukayama)

 

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In today's episode with Marcel Fukayama, co-founder of Din4mo, we dive into the changing landscape of the B Corp movement and the potential impact of the movement in transforming the world. 

Marcel shares his strategy for global policy and some wisdom about how to engage with government and policy. Marcel emphasizes the nuances of the B Corp movement and reminds listeners of the importance of taking action in this industry. He goes on to discuss his opinions about the major shift that’s happened in the industry post-COVID before talking about how the movement relied on philanthropy and its division from that. 

Marcel also touches on his thoughts about the challenges B Corp has faced in terms of governance and highlights the importance of agility in these networks. Hear all about why connecting with B Corp leaders is imperative to mitigate transactional behavior, the challenging nature of leadership, how he and his team are preparing for the changes in B Corp standards, and his hopes for the future of policy and the movement as a whole. Finally, our guest tells us about the impact initiatives he is part of. Thanks for listening!  

Key Points From This Episode:

  • Marcel's background and how he got into the B Corp movement. 
  • Marcel discusses the initial reception of his business in 2014. 
  • What Sistema B International is and what they do. 
  • Marcel shares his strategy for global policy when he was at B Lab. 
  • How Marcel would encourage people to engage with government and policy. 
  • Why you have to make tough decisions and take action in B Corp. 
  • Marcel shares his opinions on why the movement has struggled since COVID. 
  • Reducing the dependency on philanthropy within the movement. 
  • His thoughts on the challenge of B Corp governance. 
  • Reconnecting with the essence of the movement to avoid a transactional nature. 
  • How his organization is preparing for the changes to the B Corp standards. 
  • What he’s hoping for on the policy side of the B Corp and what he hopes for moving forward. 
  • Marcel discusses the impact initiatives he engages in. 
  • How listeners can continue to support Marcel and his initiatives. 

Quotations

“I think one of the greatest contributions of Sistema B to the B Corp movement was to bring the ecosystem-building approach to the movement.” — Marcel Fukayama

“My greatest challenge as executive director was COVID. That impacted – my leadership [dramatically].”  — Marcel Fukayama

“Market players – can work together to change behaviors and to shape a new business culture.” — Marcel Fukayama

“The diversity, equity, and inclusion agenda is not over. The role of businesses to reduce inequality is not over. And reducing the climate emergency is not over.” — Marcel Fukayama

Links Mentioned in Todays Episode:

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