Giving Compass' Take:

• Triple Pundit reports on the Fortune 2018 Change the World list, which highlights 57 companies attempting to make a social impact. Among them are: Reliance Jio, Merck and Alibaba Group.

• Using these leaders as success stories, how can we encourage more Corporate Social Responsibility in general? What qualities do these companies all share?

• Here are seven lessons for corporate impact investing.

The Fortune 2018 Change the World list features 57 companies that are doing well by doing good. These businesses are trying to fix big problems and make money while doing it. That’s right, it’s not a list about charity (though many of these companies also have charitable efforts). It’s about how business — one of the most scalable and sustainable engines we know of — is using its resources and expertise to tackle the biggest challenges. In recent years, more companies are taking steps to try to solve large-scale social issues; it’s a trend that’s not likely to slow down.

And people increasingly want and expect to see business playing this role. According to the 2018 Edelman Trust Barometer, the annual trust and credibility survey by PR firm Edelman, “By nearly a two-to-one margin, a company is trusted to take specific actions that both increase profits and improve economic and social conditions.” In other words, making money and doing good are no longer at odds, and it’s not just the people who work in business who believe this anymore. The public now believes it, too.

Read the full article about why changing the world is good for business by Jennifer Weston-Murphy at TriplePundit.