2010 Social Innovation Award Winners Named
By Justmeans, PRNEThursday, March 25, 2010
NEW YORK, March 26, 2010 - Tesla Motors, Cisco Networking Academy, Goldman Sachs' 10,000 Women
initiative and eBay's Green Team were among the organizations and initiatives
taking home awards from last night's Justmeans.com/Financial Times 2010
Social Innovation Awards dinner in Manhattan.
A nonprofit organization, the San Francisco-based TechSoup Global,
received the event's Citizen's Choice Award. TechSoup Global — which
convenes weekly nonprofit strategy meetings in Second Life — has provided
technology assistance to more than 100,000 nonprofits and libraries in North
America and globally. Its more than 30 corporate partners include Cisco and
Microsoft. TechSoup Global was voted the most worthy of the citizen's choice
award by a majority of some 12,000 citizens voting online during the past two
months.
Martin Smith, founder and CEO of Justmeans, said: "We wanted to showcase
companies that are helping us innovate out of the challenges that face us
today. Award-winners are not those companies and organization trying to
mitigate their social and environmental impact," Smith said, "but are those
that are creating the processes, systems, programs, and initiatives that we
hope will be replicated across their industries and across business over the
coming years."
Over one hundred companies participated in the awards program and all
categories, except the Citizens' Choice award, were judged by a panel of
experts viewable at www.socialinnovationawards.com/sialistjudges. Most
of the entrants are viewable on the Social Innovation Awards website at
www.socialinnovationawards.com/sialistinnovators.
Award Winners Included:
Most Innovative Nonprofit: LIFE/LanX Local Investment Project, a social
venture to establish a local stock exchange for U.S. companies too small for
national listing. The goal: to make more equity finance available to local
communities across America and help them build out of the current recession.
Most Innovative Small For-Profit: Vestergaard Frandsen, a Danish company
that, for 40 years, made uniforms for hotel workers and retailers. Now it
makes textile-based, life-saving products, including ZeroFly, a durable
plastic sheeting for sheltering refugees that also kills disease-spreading
insects, and LifeStraw, a water filtration tool the size of paper-towel
cylinder that helps thousands who are deprived of clean drinking water,
helping them to turn polluted water into drinkable supplies.
Most Innovative Large For-Profit: Goldman Sachs' 10,000 Women initiative,
a five-year investment by the Wall Street firm to provide 10,000 under-served
women around the world with business and management education.
Best New Green Product: Tesla Motors, a Silicon Valley-based company that
engineers and manufactures electric cars. The Tesla Roadster, the company's
first vehicle, can get 200 miles on a single charge, can accelerate from 0-60
mph in 2.9 seconds, and is roughly twice as energy-efficient as the Toyota
Prius. The company produced its 1,000th Roaster in January of this year.
Best Social Investment Strategy: Sparkseed, an incubator for social
innovation startups conceived by young risk-takers and college students,
encouraging them to apply business principles to address the world's toughest
problems. The program works with young social entrepreneurs for six months,
giving them coaching and seed resources to help them succeed.
Most Influential Supply Chain Management Strategy: Dispensary of Hope, a
nonprofit social venture that crowd-sources medication to uninsured
populations. The program is a partnership with three leading pharmaceutical
companies, including Merck; the dispensary, founded in 2003, has so far
filled more than 200,000 prescriptions for patients who otherwise couldn't
afford them.
Best Base of Pyramid Strategy: Thomson-Reuters, for its "market lite"
short-messaging news and information service that tells BOP farmers in India
the latest market and weather information, helping them to offset risk and
plant/sell their crops more successfully.
Best Employee Engagement Strategy: eBay, for its Green Team, a grassroots
effort started by a small group of eBay employees to make eBay a green place
to work. The Green Team has since has grown into a group of more than 2,000
eBay employees, all supporting environmental causes in local communities and
promoting sustainable business practices within the company. A year ago, eBay
invited its community of buyers and sellers to join the Green Team; after
just six weeks, the team had more than 100,000 members.
Best Stakeholder Engagement: Cisco Networking Academy. Since 1997, the
networking academy has grown from a small-scale program designed to help
schools get the most out of Cisco's networking equipment to Cisco's largest
CSR program, with courses taught at more than 9,000 academies in 165
countries. More than 800,000 students develop ICT skills through the program
each year.
Best Internal Sustainability: Con-way, a US$4.3 billion freight
transportation and logistics services company based in San Mateo, Calif., for
its aggressive internal sustainability program to cut waste, reduce fuel
consumption, recycle equipment and supplies, and procure goods and services
from companies that have clearly stated sustainability goals and values.
Most Strategic Philanthropy Program: Gap Inc. and Brighter Planet (a
tie); Gap for its P.A.C.E. program, and Brighter Planet for its crowd-powered
micro-grant program, called the Brighter Planet Project Fund, to help
communities create low-carbon initiatives.
Said Justmeans' Smith: "Some of these companies are in the early stages
of their work and innovation often fails, so will all of these companies
actually revolutionize business? No, but at the same time, we wanted to
reward both companies with proven success and those with very good ideas,
which the judges felt had a lot of potential to drive change."
Who's your choice for social innovation recognition — either on this
list or not yet in the public eye? Let us know at Justmeans.com. For more
information on the 2011 Social Innovation Awards, please contact us.
U.S.: Deb Berman; dberman at justmeans.com, +1-917-326-8944, or U.K.: Martin Smith; msmith at justmeans.com, +44-203-238-2121
Tags: Justmeans, March 26, New York, United Kingdom