Inpactor- A New Approach to Humanitarian work & CSR

shofodun1 (25)in #ico • 7 years ago

The Inpactor Platform is an initiative by Incitement, a social business that has implemented CSR initiatives for some of the world's largest brands (Pepsico, L'Oreal, Nestle, FedEx, and more) for the last 6.5 years, and is trusted partner with the Department Finance Malaysia, and has communities in 46 countries. Inpactor is the first one-stop platform in the world that connects Brands to Causes for Volunteers, enabling them to easily create and implement Humanitarian projects, and get incentives for their businesses and performance. Inpactor is a support technology that provides a scalable solution for the Incitement approach to CSR. Not only will it enable the creation of more social impact - as anyone to use the free platform! - It also enables the design of better and more consistent solutions to stakeholder challenges. The Inpactor Platform launches next May, and is the world's first department store for Corporate Social Responsibility.

Introducing Inpactor

Inpactor is the first one-stop platform in the world that connects Brands to Causes for Volunteers, enabling them to easily create and implement Humanitarian projects, and get incentives for their businesses and performance. Inpactor aims to improve the industry of Corporate Social Responsibility (CSR) by presenting a new ecosystem of intelligent humanitarianism.

Part of this platform will be supported by blockchain and equipped with a CSR Token, enabling us to present a new, humane, intelligent ecosystem addressing 5 major industry issues that have plagued the humanitarian industry for decades:

1.More financial transparency
Financial transparency is one symptom of the current broken model that can be handled by Inpactor. Using Distributed Ledger Technology, Inpactor will create financial transparency in the funding process between Brand and Cause.

2.Reliability
In addition to more transparency, more collaborative reliability is required in the humanitarian industry, and this can be achieved in many ways. At Inpactor, each Project will be built on intelligent contracts tailored to the specific Project, to facilitate more transparent, scalable, and reliable implementation and results.

3.Reporting & accountability
Inpactor introduced a concept called Proof of Impact (PoI). Not only do Inpactor offer an impact measurement tool for Causes, but also ensure the accuracy of the reporting platform through voting conducted by Volunteers involved in the Project. On the basis of whether or impacts are validated, For will receive the Performance Fee, create a clear incentive to Cause delivery, otherwise the smart contract will only partially refund to the Brand.

4.Measures ROI on CSR initiatives
Brands receive CSRm incentives after funding the Project as a reward for social impact making. Brands can then spend CSRm on premium ads or features within the Inpactor platform, creating a direct ROI on their CSR initiatives. As an alternative, CSR can be staked out to earn a fixed rate. Volunteers can generate small amounts of CSR by participating in Projects, which can be traded on the exchange, making CSRm the first token that can only be obtained through the creation of social impacts (post-ICO of course).

5.Government
Finally, in order to address one of the most important (and complex) issues in the humanitarian industry, Inpactor will implement the DGF to give voters an expression in the direction of the organization as a whole, enabling them to choose strategic topics, create an Inpactor platform built by the community, and governed by the community.

Inpactor is a platform by incitement; a next-generation social technology business that has designed and implemented a large-scale multinational Corporate Social Responsibility program across Southeast Asia for some of the world's largest brands and institutions (Pepsico, L'Oreal, Cummins, FedEx, Nestlé, CIMB, Ministry of Finance, and much more).

Hasutan has been recognized locally and globally for its work, and the Incitement team has received various awards for their work with sedition, such as the 30 Under 30 Underwriter Award, Supreme Leader 100, Most Innovative Entrepreneur, Social Progress Award 2016, UN Habitat, and more .

Inpactor is the next generation of social business

What started as a social movement in 2011, spread all over the world like wild fire. After 6.5 years, the Insitement has branches in 46 countries, hosted 100 social events and projects, and is widely regarded as the # 1 social business in Southeast Asia, implementing CSR solutions for some of the world's largest Brands.

Inpactor believes that Corporate Social Responsibility should be an investment for the Brand - not just donations. This is a great way for Brands to attract more customers and strengthen Brands.

Hasit helps Brand design and implement CSR initiatives in line with the value system embedded in Brand DNA.

What is CSR?

"Social responsibility is the responsibility of the organization for the impact of decisions and activities on society and the environment, through transparency and ethical behavior that:

● Contributing to sustainable development, including community health and welfare;

• Consider the expectations of stakeholders;

● Is in accordance with applicable law and is consistent with international norms of conduct;

● Integrated throughout the organization and practiced in conjunction.

That is the definition of CSR taken from the ISO 26000 Standard Guidance on Social Responsibility, published by the International Organization for Standardization in 2010. 4 Each Brand has different definitions and approaches to CSR but ultimately leads to Brand plays a role in encouraging sustainable solutions for social problems.

CSR landscape

CSR is gaining in popularity with more and more companies investing in initiatives; Fortune Global 500 companies are reportedly spending more than $ 15 billion USD per year5. CSR is no longer seen as a stand-alone program that Brand is forced to do once in a while because it is "true". Today, Brands will come up with new approaches to make CSR part of their DNA, integrated into their business. activities. The brand even shifts from handling CSR.

as a responsibility for business as usual. They emphasize the social impact they create, and how their contributions and efforts really improve the welfare of society. Brands are also actively participating in CSR because they rely on long-term value to build trust with people. Quite simply, Brands care about CSR because their customers do it, because their employees do it, because the future workforce does not. There are reports of customers who are willing to pay more for socially responsible Brand products for one that is not, the employee demonstrates the team's increased morale and productivity from participating in CSR initiatives, and graduates willing to take pay cuts to work with socially responsible Brands . CSR has turned into a fundamental strategic priority for all Brands. Doing a good job is good for business.

The CSRm Token is the Inpactor work token. This allows the creation of a governance system, the creation of ROI measurements from CSR activities, adds benefits and platform features to the token holder, and helps attract contributors because tokens can be traded.

1.CSRi can not solve the ROI on CSR and government issues because of its fixed value, has unlimited inventory, and is only temporarily available to facilitate the creation of more reliable impacts.

2.Stable CSRi characteristics can not be sacrificed by exposing it to the current extreme volatility of the market.

3.Feuds need to withdraw funds to develop platforms and tokens to improve the humanitarian system, and we need to have tokens that can increase the value of creating value for contributors and have models that will make the ecosystem standalone.

4.In the CSR business, the customer is a nonprofit organization, therefore their incentives must be financial to culminate in their motivation.

The main reasons why we need CSRm in addition to CSRi are as follows:

1.CSRi can not solve the ROI on CSR and government issues because of its fixed value, has unlimited inventory, and is only temporarily available to facilitate the creation of more reliable impacts.

2.Stable CSRi characteristics can not be sacrificed by exposing it to the current extreme volatility of the market.

4.In the CSR business, the customer is a nonprofit organization, therefore their incentives must be financial to culminate in their motivation.

Comprehensive dashboard
Each Project has a comprehensive dashboard, which can be shared with other Project admins, as well as with Volunteers and Brands.