Magnify your impact

NNET IMPACTI The network

Net Impact is a global network of new leaders committed to using the power of business to improve the world. It is one of the most innovative and influential networks of MBAs, graduate students and young professionals in existence today. Our members believe that business can both earn a profit and create positive social change.

Our Mission is to improve the world by growing and strengthening a network of leaders who use the power of business to make a positive net social, environmental, and economic impact. This network is comprised of:

• CSR Leaders

• Social Entrepreneurs

• Environmental & Renewable Energy Experts

• Nonprofit Directors

• International Development Agents

• Socially-Responsible Investor

• Thought-Leaders for the Future of Business

Networking Opportunities are provided through local chapter events, the annual conference, and online networking tools. Net Impact members consistently rate our network as the most important reason they join and stay involved.

The following pages provide an overview of Net Impact. Visit www.netimpact.org and discover the ways members can magnify their impact. the change Makers

Net Impact members are committed, talented, and inspirational. Whether graduate students or professionals, our members are actively improving the world through businesses and nonprofits, start-up endeavors and Fortune 500s.

When we polled our members last spring, two-thirds told us they were currently using business to change the world in their graduate school or community. 97 percent said they will use the power of business to improve the world at some point in their career. Meet two who are below:

Kirsten Olsen ABHishek Gupta In the past year, Net Impact allowed me to take two giant The past year has been full of good things. The launching of steps forward to advance my career. First, I was able to tap a Net Impact chapter at the University of Cincinnati College into Net Impact’s vast and influential network and find my of Business was a big personal achievement. This enabled a ideal summer internship working at Hewlett-Packard in their significant contribution towards regional community service. CSR group. If I hadn’t been involved with Net Impact, I University of Cincinnati Net Impact members committed wouldn’t have had the credibility and personal connections themselves to helping three regional nonprofits improve necessary to secure such a position. their business operations, as part of the Service Corps program. UC faculty and administration introduced a new Second, I was able to be part of the leadership team for the course into the MBA curriculum, to allow Service Corps 2005 Net Impact Conference at the Stanford Graduate School participants to earn course credits for their fieldwork. of Business. As the Curriculum Chair for the conference, I led a team of 40 classmates whose hard work resulted in four Net Impact has touched lives at the University of Cincinnati prominent keynote speakers, 76 panels, and 260 speakers in more ways than one, and its members strive to make a from all over the world. I’m thankful and honored to be difference each day. associated with such an esteemed organization and look forward to staying involved after graduation. the goods

Through a central office in San Francisco and more than 120 chapters on four continents, Net Impact offers a portfolio of programs that enable members to transform ideals into measurable results.

Net Impact Conference Net Impact’s annual conference is designed to help members expand their vision of what’s possible through the world of business. It mobilizes students and professionals through an exciting array of keynotes, panels, case studies, simulations, and special events. Participants leave with a fresh perspective on the role of business in society, a new appreciation for their individual role as an emerging business leader, and a strong connection with a network of like-minded colleagues.

Campus Greening Initiative Net Impact’s Campus Greening Initiative (CGI) is a new program designed to help Net Impact student members put their beliefs into action through campus environmental sustainability efforts. The goals of CGI are for students to use business skills to improve their universities’ impact on the environment, as well as to raise awareness of environmental problems and solutions among emerging business leaders.

Career Center The Net Impact Career Center is a comprehensive resource for graduate business students and professionals committed to using business skills for social good. The Career Center contains listings for full-time jobs, part-time jobs and internships; student projects; and nonprofit Board postings. In addition, the Career Center contains invaluable resources for individuals interested in learning more about how to apply their ideals to their career. “I see Net Impact as

Community Impact an opportunity Net Impact Community Impact Programs encompass a range of activities for members to use their business skills to make a difference in the communities where they live. The principal aspect of the Community Impact Program is Service Corps, a program connecting MBAs to local nonprofits where they offer their strengths in finance, accounting, strategy and marketing in for professionals and students order to improve the nonprofit’s effectiveness. A key component of Service Corps is the exposure of our members to nonprofit management issues. We believe this exposure builds their experience and their knowledge of the problems facing nonprofit to work together, building the management and thus increases our members’ willingness to continue building nonprofit capacity throughout their career. capacity needed to use Curriculum Change The Net Impact Curriculum Change Initiative supports students at MBA programs who are working to enhance their curriculum as a positive with the addition of social and environmental related classes and discussions. Through online resources, conference calls, and business in-person events, the Curriculum Change Initiative inspires and equips student changemakers. force for change.” Impact at Work For members not working in CSR roles, but still wanting to make a difference in their company, Net Impact has launched - 2006 Member Survey Respondent Impact at Work. This unique program empowers individuals to make a difference—sometimes small, sometimes huge—in the way their company does business. Whether it is implementing an office recycling or paper reduction program, providing fair trade coffee in the canteen or presenting a case on the effects of their company’s operations in the developing world, we provide our members the tools they need to make their voices heard.

Learning Center The Net Impact Learning Center supports our members during the early stages of their professional growth. With online resources focused on helping individuals hone their skills in areas such as nonprofit management, international and community development, corporate social responsibility and strategic philanthropy, the Net Impact Learning Center is a one- stop shop for continuing education. Additionally, the Learning Center is enhanced by our Issues in Depth call series, featuring leaders in the field who share their experience working with a social or environmental impact issue. The Conference

learn energize network

The Net Impact Conference mobilizes students and professionals through The conference is designed to inspire new leaders by expanding their vision an exciting array of keynotes, panels, case studies, simulations, and special of the possible as they set their course through the world of business. To events. Participants leave with a fresh perspective on the role of business achieve this goal Net Impact has developed more than two days of dynamic in society, a new appreciation for their individual role as an emerging curriculum including: business leader, and a strong connection with a network of like-minded colleagues. • Leading thinkers and success stories in the nonprofit, private, and The highlights of the conference are keynote speeches from leaders of public sectors prominent nonprofits or Fortune 500 companies. Past keynote include: • Cutting-edge panels and interactive sessions on topics like corporate Honorable Al Gore social responsibility, social entrepreneurship, nonprofit business, and more Generation Investment Company • Networking opportunities with over 1,500 like-minded professionals Vyomesh Joshi and graduate students Executive Vice President, HP • A Career Fair & Expo with progressive companies and nonprofits Gary Erickson CEO, Clif Bar • Action-oriented take-aways to engage in your company, school, or community Orin Smith CEO, Coffee Company The 2006 Net Impact Conference: Navigating Global Change will take place October 27 - 29, 2006 at the Kellogg School of Management at Marian Wright Edelman in Evanston, IL and in downtown Chicago. For President and Founder, Children’s Defense Fund more information visit www.netimpact.org/conference. the backstory

A group of business school students began a dialogue Where could MBAs who wanted to utilize their business skills to both make money and achieve positive social good find others who shared these values? How could they network with socially-minded leaders and learn about the latest trends 1993 on issues important to them? Where could they find jobs and volunteer opportunities that would enable them to transform their ideals into action?

Unable to find the answers externally, a group of students decided to form a network to foster these goals. They called the network “Students for Responsible Business,” and held their first Socially Responsible Business conference in 1993 in Washington, D.C.

The dialogue Gains Momentum

1994 From six chapters made up of just over 100 students in 1993, the network grew to 16 chapters of more than 500 students in 1994, and reached 40 chapters and several thousand students by 1999.

The Momentum becomes net impact By 1999, the group faced a new opportunity as recent graduates wanted to stay connected to the movement. Without the collegiality of a Net Impact club and peers, and in jobs that often lack outlets for building values into daily work, 1999 they feared losing their commitment and ideas for how to use business to improve the world. In 1999, Students for Responsible Business changed its name to Net Impact. The “Net” implies both a powerful network, and the bottom line (as in net income or net profit). The “Impact” refers to the impact members have on their schools, companies, social sector organizations, and communities. Together, the words denote the positive change that all can create through the power of the Net Impact network.

Net Impact goes international

2001 Net Impact welcomed our first chapter outside of North America into the network with a chapter launch inE urope. Within the next year chapters started popping up in cities such as Sydney, Buenos Aires, and Melbourne and in universities such as McGill in Canada and the London Business School to truly make Net Impact an international organization.

Net Impact continues to grow

2006 Today, Net Impact is proud to support more than 120 student and professional chapters on 4 continents in 75 cities and 80 graduate schools. Our network of more than 10,000 new-generation leaders consists of MBAs, graduate students, and young professionals who together are shaping the future of business. The Facts

Below is a sampling of recent trends, facts, and statistics related to themes our members care about and how they make a difference.

Environment Socially Responsible Investing Social Entrepreneurship

Between 1970 and 2000, terrestrial species declined Nearly 1 out of every 10 dollars under professional Of the approximately 2 million citizen sector by 30%, and freshwater species have declined by 50% management in the U.S. today is involved in organizations working in the United States, 70 socially responsible investing percent of them were established in the last 30 - World Wildlife Fund years. Eastern Europe has seen more than 100,000 Socially Responsible Investing grew 260% since such organizations established in the seven years The U.S., with less than 5 percent of the global 1995 following the fall of the Berlin Wall population, uses about a quarter of the world’s fossil - Social Investment Forum: 2005 Report fuel resources, burning up nearly 25% of the coal, - Ashoka 26% of the oil, and 27% of the world’s natural gas Morningstar listed 224 socially conscious funds 65% of Net Impact members have expressed the - Worldwatch Institute Study, January 2004 in November 2005, with total assets of over $40 likelihood that entrepreneurship lies in their future. billion, up from $36 billion in January 2005 Conversely, only 3% said they would never launch Two out of three people in the world will face water their own venture shortages by the year 2025 - Business Ethics Magazine, Winter 2005 - BBC News, 2001 - Net Impact Membership Survey, May 2006

MBA Education Philanthropy Corporate Social Responsibility

Net Impact has a 24% chapter penetration rate in U.S. Donor advised funds are the fastest growing chari- 78% of employees would rather work for an ethical Business Schools with full-time programs (87 schools table giving vehicle: with more than 90,165 account and reputable company than receive a higher salary out of 363 MBA programs) holders to date - National Philanthropic Trust - The Cherenson Group, 2001 - Beyond Grey Pinstripes Charitable giving reached an estimated $260.28 More than 80% of 4,238 executives across 116 Net Impact has 100% of the U.S. Top 30 MBA programs billion in 2005, an increase of 6.1% from 2004 countries believe that, beyond earning returns for as ranked by Business Week in 2004, as well as 100% investors, corporations should contribute to the of the Top 20 MBA programs as ranked by U.S. News - Giving USA 2006, AAFRC Trust for Philanthropy public good by going above and beyond what is and World Report in 2006 and Wall Street Journal in legally required to minimize pollution and other 2005 The nonprofit sector employs 10.2 million people, negative effects of their operations accounting for 6.9% of the total U.S workforce - Career Journal Online - The McKinsey Quarterly - National Center for Charitable Statistics The Answers

What does it cost to be a member? How does Net Impact get its funding? Lifetime membership is $350 Net Impact receives support from a variety of sources in- Professional membership is $50 a year cluding: national and local foundation grants; corporate Student membership is $25 a year sponsorships; membership dues; fee-for-service arrangements; and individual donations.

What is the difference between Net Impact Chapters How can individuals make a donation to Net Impact? and Net Impact the organization? Individuals can make a donation online through our website. Visit Net Impact is a 501c3 nonprofit with an office in San Francisco. www.netimpact.org/donate. Our chapters, in graduate schools and cities, are separate groups that affiliate with Net Impact. We support local chapters through providing tools, best practices, events, a chapter leader network, How can companies get involved with Net Impact? and programs for members to participate in. Chapters are asked Net Impact offers companies the opportunity to partner with us to follow basic requirements and adhere to the Net Impact mis- through Annual Sponsorship. Whether interested in recruiting sion; however, they are run by volunteer leaders who set goals and outstanding MBA talent, achieving powerful brand recognition activities with a high level of autonomy. among thousands of future business leaders, participating in the annual conference, or promoting CSR in a company, Annual Sponsorship of Net Impact is a forward-thinking investment How can someone start a Net Impact chapter in their promising strong returns. Please email [email protected] for school or community? more information. Starting a chapter is a great opportunity to unite, inspire and mobilize new-generation leaders in a school or community and to join the movement to shape the future of business and society. How can nonprofits get involved with Net Impact? Net Impact can provide a comprehensive toolkit to help Net Impact members can bring a unique value to nonprofit plan events, recruit members, win faculty support, influence organizations: business skills coupled with an enthusiasm to curriculum and gain visibility. For details on starting a chapter, improve the world. Please email [email protected] for more email [email protected]. information.

Why does Net Impact charge annual dues? Grants and fundraising cover only a fraction of the costs to support our 10,000 person network. We depend on modest annual membership dues to continue to expand and strengthen the network that our members value. ? ? ? ? ? ? Business Ethics: A form of applied ethics that examines ethical Renewable Energy: Energy obtained from sources that are essen- rules and principles within a commercial context; the various moral tially inexhaustible, unlike, for example, the fossil fuels, of which there or ethical problems that can arise in a business setting; and any is a finite supply. Renewable sources of energy include wood, waste, special duties or obligations that apply to persons who are engaged geothermal, wind, photovoltaic, and solar thermal energy. in commerce. Generally speaking, business ethics is a normative discipline, whereby particular ethical standards are assumed and The Lingo then applied. It makes specific judgments about what is right or Social Economy: A third sector in economies between the private wrong, which is to say, it makes claims about what ought to be done sector, and the public sector, or government. It includes organiza- Some sample definitions of or what ought not to be done. While there are some exceptions, tions such as cooperatives, non-governmental organizations and business ethicists are usually less concerned with the foundations charities. words related to Net Impact of ethics, or with justifying the most basic ethical principles, and are themes to help you talk the talk. more concerned with practical problems and applications, and any specific duties that might apply to business relationships. Social Enterprise: An earned-income business or strategy undertak- en by a nonprofit for the purpose of generating revenue in support of their social mission. It could be that the profit (or surplus) from the Community Development: A broad term applied to the practices business is used to support related or unrelated social aims (as in a and academic disciplines of civic leaders, activists, involved citizens charity shop), or that the business accomplishes a social aim through and professionals to improve various aspects of local communities. It its operation, say through the employment of people from disad- seeks to empower individuals and groups of people by providing them vantaged communities including individuals and existing business. with the skills they need to effect change in their own communities. These skills are often concentrated around building political power through the formation of large social groups working for a common Social Entrepreneurship: The act of a social entrepreneur. A social agenda. Community developers must understand both how to work entrepreneur is someone who recognizes a social problem and uses with individuals and how to affect communities’ positions within the traditional entrepreneurial principles to organize, create, and manage context of larger social institutions. a venture to make social change. Whereas business entrepreneurs typically measure performance in profit and return, social entrepre- neurs often start nonprofits and citizen groups. Corporate Social Responsibility (CSR): A company’s obligation to be accountable to all of its stakeholders in all of its operations and activities with the aim of achieving sustainable development not only Socially Responsible Investing (SRI): SRI is an investment process in the economical dimension but also in the social and environmental that considers the social and environmental consequences of invest- dimensions. ments, both positive and negative, within the context of rigorous financial analysis. Social investors intentionally put their money to work in ways designed to achieve financial goals, while pursuing a Environment: The natural environment as comprised of all living and future based on sustainability and the needs of multiple stakehold- non-living things that occur naturally on Earth. In its purest sense, ers, including employees, their families, and communities. it is thus an environment that is not the result of human activity or intervention. The natural environment may be contrasted to the “built environment.” Sustainability: Sustainability is a systemic concept, relating to the continuity of economic, social, institutional and environmental as- pects of human society. It is intended to be a means of configuring Fair Trade: Fair trade labeling is a brand designed to allow consumers civilization and human activity so that society, its members and its to identify goods (especially agricultural products such as coffee) economies are able to meet their needs and express their greatest which meet agreed standards. The system involves independent potential in the present, while preserving biodiversity and natural auditing of producers to ensure standards are met. Companies ecosystems, and planning and acting for the ability to maintain these offering products that meet the Fair Trade standards are licensed to ideals in the very long term. Sustainability affects every level of orga- use the fair trade label. nization, from the local neighborhood to the entire planet.

International Development: The goal of international development Sustainable Lifestyles: A lifestyle that could, hypothetically, be sus- is to alleviate poverty among citizens of developing countries. tained unmodified for many generations without exhausting any nat- International development is a multidisciplinary field that may ural resources. The term can be applied to individuals or societies. Its impact poverty reduction, governance, healthcare, education, crisis adherents most often hold true sustainability as a goal or guide, and prevention, and economic restructuring. It is intended as a long- make lifestyle tradeoffs favoring sustainability where practical. Most term solution to a set of problems or situations. often these tradeoffs involve transport, housing, energy, and diet.

Microfinance: Refers to the activity or provision of financial services Triple Bottom Line: The term is used as a framework for measuring to clients who are excluded from the traditional financial system on and reporting corporate performance against economic, social and account of their lower economic status. These financial services will environmental parameters, thus widening the scope of traditional most commonly take the form of loans and savings, though some corporate reporting. microfinance institutions will offer other services such as insurance and payment services. * All definitions from http://wikipedia.org/

The stats Member Gender Member Employment Type

Student 43% Corporation 23%

Male 49% For-profit start-up Female 4% 51% Government 3%

Nonprofit 14%

Self-employed Not working 7% other 2% 4%

Member Age Member Ethnicity

other 2% American Indian/Alaska Native 20-25 Multi-racial >0%0% 40+ 5% 3% 13% Hispanic/Latino Asian American 5% 16%16%

36-40 Black/African American 26-30 4% 15% 33%

Caucasian 69% 31-35 35% The BUZZ “Net Impact is a wonderful organization that provides networking opportunities and resources for business people who want to make a long-term social impact. I’ve met so many interesting people through Net Impact. In addition, as a Service Corps volunteer, I have been able to leverage my ““ consulting background as well as develop valuable new skills.” “The Net Impact group is an incredible and inspiring lot of people. Monisha Merchant, Your mission and the enthusiasm of the International Relief and Development, Inc. participants will change the world.” Medard Gabel, Executive Director, World Game Institute, Inc.

“You’re an amazingly powerful organization…don’t underestimate the power “In many MBA programs, Net Impact you have!” is the only voice for social responsibility in business. As business faces increasingly complex Jeffrey Swartz, President and CEO, leadership issues, it is critical that the voice of The Timberland Company Net Impact students gets stronger and louder.” “To me, Net impact is about ethical business Sarah Shanley, Chapter Leader, with all stakeholders – financiers, employees, Carlson School of Management suppliers, customers, the environment, etc – whether you are working in the corporate, nonprofit or government sectors. But it’s also about new models that apply business tools to societal problems.”

Alison Lingane, GreatSchools.net

“Net Impact has provided a fantastic network of support - from day one of business school through to this day. I often call on my Net Impact connections for advice, partnerships, or even sales “Net Impact has given me greater opportunities! To a social entrepreneur Net Impact perspective of the issues to consider for membership is like having a degree from where I choose to invest my energy, time, and Wharton for the aspiring Wall Street exec.” career. I’ve learned a tremendous amount from my peers in the organization. Net Impact keeps Jennifer Boulden, Founder, my eyes open and my focus clear.” Ideal Bite

Calista Fredericksen, 2006 MBA candidate, , the Team

Board Of Directors Liz Maw Executive Director Teresa Whalen LeFevre Cleveland Justis Will Rosenzweig Supplier Diversity Executive Director, Managing Director, Development Manager, Headlands Institute Great Spirit Ventures Federal-Mogul Corporation

Abbey Banks Bob Langert Jim Schorr Membership Director Jonathan Carson Senior Director Executive Director, Chairman and CEO, Corporate Responsibility, Juma Ventures cMarket McDonald’s Corporation Anita Sharpe Marcus Chung Co-Founding Editor Karin Cooke Manager, Social Responsibility Jo Mackness CSR Integration Leader, and Chairman, Program Director Strategic Planning and Worthwhile Magazine Communications, Gap, Inc. Corporate Social Responsibility, Ernst & Young, LLP Valerie Cook Smith Michael Fields Kellie McElhaney Vice President of William Critzman Sr. Community Relations Environmental Affairs, Executive Director, Manager, Booz Allen Hamilton Citigroup Development Director Center For Responsible Business, Hass School of Business, Bethany Heath UC Berkeley Senior Manager Gene Takagi Andrea Davids Corporate Responsibility, Attorney, Chiquita Brands Lynelle Preston Law Office of Gene Takagi Marketing and Communications Manager Director of CSER Marketing and Strategy, Kellee James Hewlett-Packard Company John Wood Economist, Founder and CEO, Sean O’Driscoll Chicago Climate Exchange Room to Read Bookkeeper aDVISORY cOUNCIL Lars Olson Anne Marie Burgoyne Seth Goldman Steven Lydenberg Membership Manager, Chapters Director, Co-Founder and Tea-EO, Chief Investment Officer, Draper Richards Foundation Honest Tea Domini Social Investments LLC

Chip Conley R. Paul Herman Judy Samuelson Lindsay Schedeler Founder, Chairman, CEO, Director - Strategy, Executive Director, Membership Manager, Conference Joie de Vivre Hospitality Omidyar Network Business and Society Program, The Aspen Institute Jed Emerson Lloyd Kurtz Senior Fellow, Senior Portfolio Manager, Dave Stangis Emily Schroeder Generation Foundation Nelson Capital Management Director Corporate Responsibility, Intel Corporation Membership Manager, Career and Education Maisie Ganzler Director of Communications & Strategic Initiatives, Bon Appetite Management Co. Contact us

Liz Maw Executive Director [email protected] (415) 984-3300 x 306 Andrea Davids Marketing and Communications Manager [email protected] (415) 984-3300 x 313 Net Impact 660 Market St, Suite 210 San Francisco, CA 94104 www.netimpact.org