Yunus is just back from Japan and Korea. Below is for your info.
Japanese automobiles giants Toyota Motor and Nissan Motor have expressed their keen interest to launch social businesses after they were convinced by the potential of the new business model.
It came during a visit of Nobel laureate Professor Muhammad Yunus, who developed the social business theory, to Osaka in Japan on Friday and Saturday.
Nobuyori Kodaira, executive vice president of Toyota Motor Company, accompanied by a team of five senior officials met Professor Yunus to discuss Toyota’s participation in social business.
Vincent Valdmann, deputy general manager for corporate planning of Nissan Motor, also visited the founder of Grameen Bank to discuss ways and means to develop social business as a part of their corporate social responsibility programme. Top wealthy business people of Osaka also met Yunus in two separate meetings to explore the possibilities of investing in social businesses in Japan and elsewhere.
The meeting was organised by an international bank, Yunus Centre said in a statement yesterday.
Earlier Professor Yunus was in Seoul on invitation of the owner and chairman of SK group to present social business concept to his executives. SK Group is South Korea’s third-biggest conglomerate with annual revenue of $150 billion. Before his arrival in Korea, SK group executives received a week-long training on social business. Professor Yunus rounded up the discussions and explained how the leading group can undertake social business initiative in Korea and other countries.
yunus and volkswagen
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