Community Improvement, Capacity Building

GLOBAL SOURCING COUNCIL INC

Profit With Purpose

aka GSC

New York, NY

Mission

The Global Sourcing Council ("GSC") is a non-profit organization focused on sustainable, socially responsible sourcing practices. Our vision is to transform the world by inspiring and empowering organizations and businesses to operate responsibly in pursuing profit with purpose. We also connect SMEs and corporations to encourage a pipeline of future business opportunities and success. Our strategic Direction: - Engage global businesses and local communities through awareness, dialogue and action - Promote socially responsible sourcing by using various media and partner platforms - Advance the growth of sustainable and socially responsible SMEs - Showcase and recognize best practices in sustainable and socially responsible sourcing

Ruling Year

2013

Chair

Dr. Wanda Lopuch

Main Address

Barbara Hasselman C/O Marcum Llp 750 Third Avenue

New York, NY 10017 USA

Keywords

Sustainable Sourcing, Profit with Purpose, Education

EIN

26-1350879

 Number

2180167719

Cause Area (NTEE Code)

Alliance/Advocacy Organizations (S01)

Public, Society Benefit - Multipurpose and Other N.E.C. (W99)

Alliance/Advocacy Organizations (J01)

IRS Filing Requirement

This organization is required to file an IRS Form 990-N.

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Programs + Results

What we aim to solve

The Global Sourcing Council digs deep into the challenges that global businesses face in embracing sustainability & social responsibility. We educate, advocate & inspire sustainable & socially responsible sourcing practices within global enterprises. We believe that the most sustainable companies of today will be the most successful brands of tomorrow.

Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

3S Awards - Sustainable and Socially Responsible Sourcing

17/17 Sustainable Development Goals

Half-Billion Dollar Challenge

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

EDUCATING - Decisions makers on the business case for social responsibility and sustainability. ADVOCATING -
For tangible action & leadership by global business leaders. INSPIRING - The next generation of social entrepreneurs representing innovative solutions to global sourcing

In pursuit of our mission, The Global Sourcing Council focuses on business through collaboration with leading business and thought leaders, academia, the United Nations and government organizations, civil societies, associations and consumer groups.

1) Communication through our newsletters that reach 24,000 stakeholders in global sourcing. 2) Networking through our Board and their industry contacts worldwide. 3) Advocating at global meetings and conferences and through our participation with the United Nations Global Compact

1) Adoption of socially responsible sourcing practices by organizations large and small. 2) Increase in our corporate sponsorship, 3) Receiving grant funding

1) The GSC 3S Awards is a global empowerment platform for small and mid-size “profit with purpose" business enterprises. Established in 2008, the 3S Awards recognize companies that have demonstrated exceptional social and economic leadership in innovating, improving and implementing Sustainable and Socially Responsible Sourcing (3S) practices.

The annual 3S Awards program identifies honors and empowers social entrepreneurs by providing global visibility, connections to successful global business leaders and access to business resources and financial capital to succeed.

The GSC is committed to changing the way the world conducts business. We aim to empower companies to pursue profit with purpose in mind. These innovative social entrepreneurs represent the future pipeline of responsible suppliers to the global economy.

The GSC 3S Award program is the only awards program geared specifically towards the global sourcing sector and honoring both sustainable and socially responsible business practices. 2) In 2015, 193 world leaders world-leaders committed to the United Nation's 2030 Agenda for Sustainable Development. At the center of this accord was the 17 Sustainable Development Goals or SDGs, which took effect January 1, 2016.

The SDGs present a historic opportunity for countries, companies and communities to unite – working together to improve the lives of citizens around the world.

The Global Sourcing Council has developed the “17 Weeks / 17 SDGs" Initiative to help businesses translate these aspirational global goals into action. To join us, please download our GSC 17/17 SDGs Prospectus and contact Louis Coppola or Wanda Lopuch.

The GSC 17 / 17 program aims to: Inform and engage the global business community in the 2030 Agenda; Provide global visibility for businesses embracing SDGs in their business strategies; and
Share best practices of SDG-embracing leaders to inspire others. 3) The GSC's Sustainable Executive and Leadership (SEAL™) Program, the offers thought provoking programs that empower organizations and equip them with the tools and knowledge to further their sustainability endeavors. Participants take part in lectures, workshops, and break away sessions, covering topics such as future leadership, the importance of responsible supply chains, post-2015 Sustainable Development Goals and ethical business. The issue areas covered in GSC's SEAL™ Program are relevant and provide a platform to scale up sustainability initiatives within organizations. The Boot Camp is not limited to 3S Awards participants. GSC's SEAL™ Program incorporates topics such as leadership for the future, responsible and sustainable business, and the importance of strategy development.

External Reviews

Financials

GLOBAL SOURCING COUNCIL INC

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Operations

The people, governance practices, and partners that make the organization tick.

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  • Forms 990 for 2017, 2016 and 2015
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Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

Yes

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

Yes