At Working Capital, we identify opportunities to accelerate the development and deployment of innovative, market-based solutions to meet the growing corporate need to protect vulnerable workers and source responsibly. To do this, we invest in early stage companies led by bold, inspiring entrepreneurs.
We partner with them to leverage new technologies such as blockchain, machine learning, sensors, and interconnected Internet of Things (IoT) solutions to promote important supply chain interventions, including:
Mobile technologies that facilitate anonymous, real-time feedback from workers so that companies can monitor working conditions across extensive supply chains and suppliers can promote greater communication between workers and management.
Solutions, such as blockchain, allow companies to trace the flow of source materials and products through the entire production process. This helps buyers intervene in previously hidden parts of the supply chain and increases consumer trust in the products they are purchasing.
Centralized digital sourcing platforms to help buyers source sustainable and ethically-produced goods.
Technologies that leverage the capabilities of big data, IOT and machine learning to identify and act upon labor violations, focus resources efficiently, and predict associated risks within supply chains.
Innovations that reduce the exploitation of migrant workers–from origin through destination.
Sidecar Innovation Fund
Our work will also leverage support from the UK’s Department for International Development to deploy “sidecar” philanthropic funding for pre-investment and seed-stage interventions. The sidecar innovation fund, also managed by Humanity United, will support entrepreneurs and scale ideas to reach the proof of concept stage, allowing us to incubate promising solutions to bring to market.