• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

3

Current price of gold as of July 14, 2026

1

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly

2

After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history

3

Current price of gold as of July 14, 2026
CommentaryUnited Nations

What Gets Companies to Want to Change the World

By
Deirdre White
Deirdre White
Down Arrow Button Icon
By
Deirdre White
Deirdre White
Down Arrow Button Icon
September 21, 2016, 2:55 PM ET
Add Fortune on Google for similar content.

The 70th session of the United Nations General Assembly kicked off this week, where member states from around the world gather in New York City. Climate change, the refugee crisis, and Syria are expected to lead the agenda, but it’s also worth taking a look at the UN’s Sustainable Development Goals, a broad and ambitious blueprint unveiled last year detailing global development between now and 2030.

Fortune just released the 2016 “Change the World” list of 50 industry leaders that are tackling major societal problems through sound business investment, and as a result, over time, many are seeing real bottom line results.

The “Change the World” list is an illustration of what the UN envisioned — that companies would play a critical role in advancing the objectives of its Global Goals, which include responses to challenges, such as global migration, the environment and poverty. To drive progress, $2.5 trillion annually in new investments will be needed. The private sector could make a difference, but executives will need to focus on three things: concentrate resources where the firm can make the biggest difference; create compelling business incentives to take on an issue; and partner with government and nonprofits.

Use resources wisely

Each global challenge outlined by the UN contains resolvable challenges that companies can address.

Consider the problem of post-harvest food loss. Over one-third of food grown worldwide is lost between the time it is harvested and consumed. If this issue were resolved, the amount of food recovered could feed an additional 1.6 billion people, stimulate economic development, and alleviate pressures on the environment. These problems, however, are solvable; they stem from poor handling, inadequate storage and transport of produce.

One company equipped to help is Nestlé, which for the last 10 years, has halved the amount of food waste generated in its processing facilities. Nestlé, which is ranked #5 on Fortune’s list, honed its operational approach to support rural farming communities where it sources raw materials and provided extensive technical assistance on practices that reduce post-harvest loss. With a unified strategy, Nestlé made its own operations more effective and cost efficient, lifting the income of farming communities, and increasing global food security. By selecting the problems where it is realistic to expect a successful outcome, we can shrink complex, systemic challenges to a palatable scale—and benefit a company’s bottom line.

Identify incentives

There must be a business incentive for a company to dedicate significant resources to social challenges. GSK, a company that topped the Change the World list, has spent years identifying the health challenges that also promise new market opportunities. The company will soon increase access to medicine in several emerging and frontier markets by releasing patents of drugs initially too expensive for these communities.

Partnership

Businesses cannot—nor should they—solve these challenges alone. One of the UN’s goals calls for strengthening global partnerships between private companies, governments and nonprofits.

These alliances are not easy to form, but we have seen success stories that can be models for future partnerships. Take for instance, MasterCard (one of only nine companies appearing on the “Change the World” list twice), which is working to connect 500 million people previously excluded from formal financial services. With 2 billion adults living without access to mainstream financial tools and services, there is an urgent need to speed up the creation of commercially viable products and services globally. Yet, MasterCard, as a corporation, cannot do this alone. To develop new products and services for thousands of new communities, MasterCard works with NGOs, foundations, trusts, financial institutions and countless other organizations.

The second Global Engagement Forum, held in April of 2017, will encourage deeper collaborations into strategies for a path of shared value moving forward. At the gathering, private, public, and social sector actors will focus on solvable problems and how they can be addressed by collaborating in both traditional and non-traditional ways.

The challenges captured this week and within the goals represent both enormous market failures and business opportunities that the trailblazing companies on Fortune’s list illustrate. The challenge and the solution, in this case, are the same: to figure out which manageable task—or solvable problem—to address first, ensure there is incentive to resolve it, and to find the right partners to bring an idea to fruition in the marketplace.

Deirdre White is CEO of PYXERA Global, an international non-governmental organization based in Washington, DC, that advises companies and individuals on corporate social responsibility through tri-sector partnerships. The firm does not currently represent the companies mentioned in this article.

About the Author
By Deirdre White
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

sb
Commentarynational debt
The national debt is over 100% of GDP and most of Congress is ignoring wishes to rein it in. It’s time to amend the Constitution
By Steve H. Hanke and David M. WalkerJuly 15, 2026
18 minutes ago
Is your AI really working? Why productivity isn’t the same as progress
Future of WorkBrainstorm Tech
Is your AI really working? Why productivity isn’t the same as progress
By Jamie GarverickJuly 15, 2026
2 hours ago
r
CommentaryFDA
Trust in the FDA is collapsing. It’s time to get really transparent about our food and our drugs
By Jeffrey Sonnenfeld, Megan Ranney, Sten Vermund, Patricia Greenstein and Steven TianJuly 14, 2026
20 hours ago
mm
Commentaryregulation
Exclusive: Delaware proposes testing the AIC, a new legal entity for agents in a regulatory sandbox
By John Nay and Charuni Patibanda-SanchezJuly 14, 2026
24 hours ago
jobs
CommentaryLabor
Black women’s unemployment rate fell. That’s not the good news you think it is
By Katica RoyJuly 14, 2026
1 day ago
b
CommentaryWorld Cup
Columbia Business School professors: What the Balogun red card can teach us about AI and judgment
By Oded Netzer, Christopher Frank and Paul MagnoneJuly 13, 2026
2 days ago

Most Popular

MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
Newsletters
MacKenzie Scott, Melinda French Gates, and Lauren Sánchez Bezos are rewriting the rules of billionaire giving—one quietly, one strategically, one very publicly
By Sydney LakeJuly 14, 2026
22 hours ago
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
North America
After donating $48 billion to the Gates Foundation, Warren Buffett is quietly ending one of the biggest philanthropic relationships in history
By Marco Quiroz-GutierrezJuly 14, 2026
21 hours ago
Current price of gold as of July 14, 2026
Personal Finance
Current price of gold as of July 14, 2026
By Danny BakstJuly 14, 2026
1 day ago
Current price of silver as of Tuesday, July 14, 2026
Personal Finance
Current price of silver as of Tuesday, July 14, 2026
By Joseph HostetlerJuly 14, 2026
1 day ago
'He found their weakness. It might have been sex. It might be power': Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
Banking
'He found their weakness. It might have been sex. It might be power': Warren Buffett stunned by Epstein pull as he snubs Gates Foundation
By Josh Funk and The Associated PressJuly 14, 2026
23 hours ago
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
Economy
United States' $39 trillion national debt will mean fewer jobs at lower wages for Gen Z, according to think tank
By Eleanor PringleJuly 14, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.