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CGD research identifies how the private sector can leverage its core business to support and create economic opportunities for refugees and host communities. Our work includes proposals for how global businesses can engage refugees in hiring and supply chains, as well as mapping the policy and practical barriers companies face in different countries when trying to work with refugees.
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There are over 25 million refugees in the world today and most of them—especially those in developing countries—do not have formal labor market access (LMA). Granting refugees formal LMA has the potential to create substantial benefits for refugees and their hosts.
Global businesses can make unique and valuable contributions to refugee response by engaging refugees not as aid recipients, but as employees, producers, investees, and customers.
The position of global enterprises as market leaders, policy influencers, and innovators gives them distinctive capacities for engagement and advocacy that do not exist within the traditional refugee response community.
Businesses have unique opportunities to help refugees and improve their bottom line at the same time, says CGD senior policy fellow Cindy Huang. All they need is the right policy framework. Get the highlights from Huang’s latest report, Global Business and Refugee Crises, a collaboration with the Tent Foundation.
On Thursday we launched our new research at an event in New York with the Tent Foundation and CEOs from Ikea and other multinational corporations on how global businesses can engage refugees in more sustainable ways. As leaders gather for the UN General Assembly, we hope they will focus on the unique value add of businesses. Their leadership is vital at a time when some governments—including the United States, a historic leader on refugee issues—are stepping back from their commitments. With the right support and opportunities, refugees quickly become economic contributors to their host countries—and businesses are a critical piece of the puzzle.