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Forbes Topline

Show Me Your (Impact) Receipts: How Procure Impact Is Redefining Socially Responsible Supply Chains

Forbes Topline

Forbes

Business News, News, Entrepreneurship, Business

4.86 Ratings

🗓️ 26 March 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Lauren McCann, founder and CEO of Procure Impact, joined Forbes Chief Impact Officer Seth Cohen in the Forbes studio to discuss the role that socially responsible procurement can knock down barriers for marginalized product designers and manufacturers. Lauren also discussed Procure Impact’s new campaign in partnership with the American Hotel & Lodging Association. The “Dignity of Work Pledge” aims to provide 100,000 paid employment hours for overlooked populations via the use of Procure Impact’s B2B marketplace platform. Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi everyone I'm Seth Cohen, Chief Impact Officer for Forbes and I'm here today with

0:09.1

Lauren McCann, the founder and CEO of Procure Impact.

0:14.0

Procure Impact is a first of its kind B2B marketplace

0:18.0

has over thousands of products,

0:20.0

manufactured created, designed by individuals who face barriers and limitations in the economy in which they serve.

0:28.0

So Lauren, welcome, thank you for joining us.

0:31.0

Thank you, Seth, happy to be here.

0:34.0

So tell me more about Procure Impact.

0:37.4

I just captured what I understand it to be, but explain to me in your terms what Procure Impact does.

0:45.4

Yeah, we're a B2B marketplace

0:47.4

and we work with all types of corporations, retailers,

0:50.6

wholesalers, people looking for corporate gifts or products for their office space.

0:55.0

But what makes this unique is that all of the products on our platform are made by individuals with barriers to work.

1:01.0

So that means the products are made by resettled refugees, by veterans,

1:05.7

by individuals who have experienced poverty, incarceration, homelessness, individuals with disabilities,

1:11.6

people who have extraordinary talents,

1:13.6

and we're trying to help them get access to opportunities

1:16.3

so that they can grow and scale their talents

1:18.1

and grow in their income.

1:19.9

So I know this is a new model that you've been engaged in,

1:24.2

but it sounds like it's a new model generally.

1:26.5

Why is that?

...

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