Table A3.

Value propositions and contributions to social innovation

#CasesValue propositionContribution to social innovation*Level of socialinnovation
1.SNL-ProloguesTo provides integration housing and social support for the poor in greater Paris[…] We not only provide houses to homeless individuals immediately but also provide them a friendly help from our volunteers (the good neighbors), which help them stabilize themselves first and then return to a more normal life. In this regard, we aggregate small and large Donors, Public Grants and Equity from small Investors to large institutions to accomplish our mission. Our financial mix is innovative. Further, we are following one of the most innovative approaches, “Housing first,” before even the name was introduced in the market […]High
2.Foncière ChêneletTo provides a housing solution that addresses the issues of poverty, unemployment and the environment[…] We are building social housing. We have innovative construction techniques (high energy efficiency and fulfill inhabitants' demands) to build those accommodations. The used material quality ensures greater durability and the labor that helps build the houses provided by the parent company Chênelet. We even provide the same quality in those areas of France (rural or suburban areas) where social or other social housing landlords don't go. So. We think that we are covering every pillar of sustainable development […]Medium
3.World TreeTo offer different financial opportunities for stakeholders – such as investors, landowners (farmers) and lumber buyers (customers) – regarding investment in Empress Splendor trees plantation and harvesting so that with the social and environmental impact, they can earn a significant financial return[…] Our company's impact is both environmental and social, but the major focus is on the environment. However, we are moving towards social impact. We are reframing our model to provide more benefit to people and the planet. So from a social perspective, we are providing income or livelihood to people who own degraded lands, and no one is willing to buy those lands (especially in the USA), and the land owners do not have the resources to cultivate those lands. So, we work closely with those land owners (farmers) and provide them an opportunity to generate revenue by growing Empress Splendor trees on their land or growing it as a companion crop with cocoa, banana, potatoes, or coffee plant (this offer is mostly accepted by Mexico or costa Rica farmers) or grow it with apiculture. So, our business model is very innovative, which creates environmental as well as social benefits at the same time […]High
4.AUARATo provide help by developing clean water projects for the world's most needy communities[…] AUARA have managed, through a commercial company, which involves all company shareholders – customers, suppliers, financiers, NGOs, shareholders and others – to change their daily habits in order to jointly fulfill the social purpose through AUARA. In this regard, as a social enterprise, AUARA helps those individuals who are in need of clean water or lack the right to life because of lack of drinking water. A recent report shows that AUARA has provided more than 92,000 people access to clean water, more than 19 million recycled bottles and around 488 tons of plastic material […]High
5.Impak FinanceTo offer financial assessment services and tools that allow citizens, businesses, investors and financial institutions to make impact-oriented investment decisions or use their capital to create sustainable economic growth, ultimately benefiting people and the planet[…] I think the way we innovate and the way we achieve our mission. Our aim is to support economic growth that has a positive societal impact. Therefore, we used the double, dynamic, contextual data-driven materiality approach, which provides investors the data regarding the impacts that an organization has on the society and environment in terms of its operations and value chain and, at the same time, considers the impacts the environment and society have on the companies. This innovative approach measures not only social and environmental risk but also identifies positive impact opportunities that ultimately provide a clear picture to investors regarding how a company affects people and the planet […].Not clear

Note(s): *Answers provided by the interviewees

Source(s): Interview data and authors’ own creation

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