B1G1
B1G1 is the registered trademark and brand of BUY1GIVE1 PTE LTD,[1][2][3] a Singapore-based registered business organization, social enterprise and non-profit organization.[4]
It was registered as a Private Limited Liability company in 2007.
B1G1 operates on a subscription basis with a transaction-based charity giving model designed for small and medium enterprises (SMEs) around the world. It presents itself as an effective way to contribute to charitable organizations.[5][6][7] Through B1G1, business members can donate money to B1G1's vetted charity partners, called "B1G1 Worthy Causes".
History
[edit]While participating in a business program run by Paul Dunn, Masami Sato and some other entrepreneurs came up with the initial idea based on the concept of 'Buy One Give One' that led to the founding of B1G1.
The co-founders of B1G1 established the headquarters of Buy1GIVE1 PTE LTD in Singapore in 2007. Sato was a founder while Dunn took on the role of Chairman.
Structure
[edit]B1G1 is a social enterprise, composed of a for-profit corporation, Buy1GIVE1 LTD, and a registered Society, B1G1 Giving. This structure provides a specific transaction-based giving model to SMEs around the world.
Philosophy
[edit]The B1G1 philosophy is based on creating a world where every business transaction simultaneously results in an impact made in the world (through a small donation), hence 'Buy One Give One'.
In contrast with the Corporate Social Responsibility (CSR) adopted by large companies, the B1G1 approach concentrates on building habitual giving while establishing a deeper sense of meaning in everyday business activities.
Membership model
[edit]B1G1's members generally consist of small and medium-sized enterprises (SMEs) worldwide. Companies have the option of a monthly or yearly subscription, which provides them with a suite of impact-tracking widgets and access to a vetted network of charity projects to support.
B1G1 depends on this model for financial viability, and 100% of contributions made by B1G1 members are directly passed on to charity partners chosen by the members.
Many members are currently from Australia, United Kingdom, and New Zealand, including companies such as Minimonos, Logistics Bureau, Xero, Headway Recruitment and Thavibu Gallery.
Charity Partners (B1G1 Worthy Causes)
[edit]B1G1 Worthy Causes are the NGOs that provide specific charity projects for B1G1 members to support. In October 2020, B1G1's website listed more than 500 projects from around the world. Each project is also tagged with the relevant UN Sustainable Development Goals (SDGs).
In order to qualify as a B1G1 Worthy Cause, each NGO has to meet two-tiered criteria set by the B1G1 GIVING Board and go through a five-step process before being approved. Some charity partners include World Youth International, Child's Dream, and The John Fawcett Foundation.
Media coverage
[edit]B1G1 was featured in Forbes Russia online in December 2010,[8] Springwise in March 2012[9] and August 2010,[10] and Mashable in November 2010.[6] Voice of America wrote in its November 2011 article about the buy-one, give-one model of giving and used B1G1 as a strong example of the new trend of transaction-based giving.[11]
Two of the co-founders Masami Sato and Paul Dunn have been invited to speak at numerous engagements, including TEDxSingapore and TEDxChCh, independently organized TED events. Sato also gave speeches titled "A Habit Worth Sharing" (2010)[12] and "Imagine a More Giving World and Life"(2012)[13] Paul Dunn's speeches in 2010, titled "Wow and Woow"(TEDxChCh)[14] and "[i]nspire"(TEDxSingapore).[15] Masami Sato was described in an article, "One of Earth Angels who is changing the world" by Insight Magazine Australia, October 2011 edition.
References
[edit]- ^ "BIG1 by BUY1GIVE1 PTE". Australia: Trademarkify. Australian Trademark No. 1325737. Retrieved 8 June 2014.
On 5 November 2009 this trademark was filed, on 19 November 2009 this trademark was accepted and on 18 March 2010 this trademark was registered.
- ^ "Trademark Electronic Search System (TESS)". U S P T O Seal [home] United States Patent and Trademark Office. 21 Aug 2010. Retrieved 2012-10-10.
- ^ "B1G1 - Trademark Details". justia.com. Retrieved 10 Oct 2012.
- ^ "Our story - B1G1 Business For Good". B1G1 Business For Good. Retrieved 2018-08-03.
- ^ Coleman, Alison (June 2007). "Your company and its social responsibility". Entrepreneur Country Magazine (UK). Retrieved 2012-10-09.
- ^ a b Turner, Amy-Mae. "10 Inspiring "Buy One Give One" Projects". Mashable. Retrieved 2018-08-03.
- ^ Hussain, Amar (2018-02-02). "Want to Emulate Toms Shoes' Charitable Model? Here's How to Get Started". Entrepreneur. Retrieved 2018-08-03.
- ^ Казакова, Анна (9 Dec 2010). "8 онлайн-покупок, которые способны помочь нуждающимся Читайте подробнее на". Forbes Russia. Retrieved 2012-10-09.
- ^ "Giving engine enables 'buy one, give one' generosity". springwise.com. springwise.com. 18 March 2010. Archived from the original on 13 October 2012. Retrieved 2012-10-10.
- ^ "Business card promotes 'buy one, give one' generosity". springwise.com. springwise.com. 10 August 2010. Archived from the original on 13 October 2012. Retrieved 2012-10-10.
- ^ " New Business Model Redefines Giving, Profit", Voice of America (16 November 2011)" New Business Model Redefines Giving, Profit", Voice of America (16 November 2011)
- ^ "TEDxSingapore - Masami Sato - A habit worth sharing". TEDx Singapore. Oct 15, 2012. Retrieved 2012-10-10.
- ^ "TEDxSingapore - Masami Sato - Imagine a more giving world and life". TEDx Singapore. April 3, 2012. Retrieved 2012-10-10.
- ^ "TEDxChCh - Paul Dunn - Wow and Woow". TEDx Christchurch. Oct 2010. Retrieved 2012-10-10.
- ^ "TEDxSingapore - Paul Dunn - [ i ]nspire". TEDx Singapore. 21 Aug 2010. Retrieved 2012-10-10.