In a world increasingly driven by consumer and employee expectations, businesses today must strive for more than just profits. Social responsibility has become a crucial aspect of corporate culture, with companies recognising the importance of giving back to the communities they serve. Scott Dylan, the co-founder of Inc & Co, shares his perspective on corporate social responsibility and how businesses can make a positive impact on society.
From humble beginnings in South East London to establishing a global company with a turnover of over £150 million, Scott Dylan’s journey has been one of determination and resilience. Born and raised in a modest household, he has faced numerous challenges and made many mistakes along the way. However, it is his strong belief in people and cultures, as well as his staunch support for women in business and technology, that has played a significant role in his success.
As the co-founder of Inc & Co, Dylan has worked alongside Group CEO Jack Mason and Group CTO Dave Antrobus to acquire, invest in, and turn around distressed companies. Since its founding in 2019, Inc & Co has made significant inroads in various sectors, including professional services, travel, retail, e-commerce, and shared workspaces. The company has successfully exited companies such as MyLife Digital, which was sold to Dataguard, Laundrapp, which was sold to competitor Laundryheap, and Wood for Trees, which was sold to Edit Agency.
The process of turning around distressed companies is never easy, and Dylan is no stranger to the challenges and negativity that can arise. Nevertheless, he maintains that it is essential to build a team of loyal people who can be relied upon, as the journey to success is never a solo one.
A staunch advocate for mental health, Dylan has personally battled Complex PTSD, which has only reinforced his commitment to giving back to society. As an openly gay entrepreneur, he also understands the importance of promoting diversity and inclusion in the workplace.
In a recent interview, Scott Dylan underscored the importance of social responsibility in business, stating, “Companies can no longer afford to ignore their impact on society. We must be mindful of our actions and strive to create a positive change in the world. This means looking beyond profits and considering how our decisions affect the environment, the communities we serve, and the well-being of our employees.”
One of the ways in which Inc & Co demonstrates its commitment to social responsibility is through the investment in companies that have a positive social impact. By acquiring and revitalising businesses that provide essential services or contribute to the greater good, the company is able to make a tangible difference in people’s lives.
Moreover, Dylan believes that businesses should actively engage with their communities, fostering a sense of belonging and shared responsibility. This can be achieved through various means, such as supporting local charities and initiatives, promoting employee volunteerism, and partnering with organisations that align with a company’s values.
In addition to giving back to the community, Dylan emphasises the need for businesses to create inclusive and supportive working environments. By embracing diversity and promoting equal opportunities, companies can foster a sense of belonging among their employees and drive innovation through diverse perspectives.
Inc & Co’s commitment to social responsibility is further evident in its efforts to promote mental health and well-being among its workforce. Recognising the challenges faced by those who struggle with mental health issues, the company provides resources and support to its employees, ensuring they have the help they need to cope with the pressures of the modern workplace.
Environmental sustainability is another key aspect of Inc & Co’s corporate social responsibility strategy. The company actively seeks to minimise its ecological footprint, focusing on initiatives such as reducing waste, conserving resources, and adopting eco-friendly business practices. By doing so, Inc & Co not only contributes to a greener planet but also sets a positive example for other businesses to follow.
Scott Dylan’s emphasis on the importance of social responsibility in business resonates with the growing global trend towards ethical and sustainable practices. Consumers, investors, and employees alike are increasingly demanding that companies consider their impact on society and the environment when making decisions.
As businesses continue to evolve in response to these demands, there is a clear need for strong leadership that prioritises social responsibility. Dylan’s approach to giving back and creating positive change serves as an inspiring example for other entrepreneurs and business leaders to follow.
Scott Dylan’s perspective on corporate social responsibility is a testament to the power of businesses to effect meaningful change in the world. By focusing on the triple bottom line of people, planet, and profit, companies like Inc & Co can create lasting value for their stakeholders while making a positive impact on society.
In the words of Scott Dylan, “Businesses have a unique opportunity to create a better world for future generations. It is our responsibility to seize this opportunity and make a difference in the lives of others. Giving back is not just good for the soul; it’s good for business.”
As we move forward into an era of heightened social awareness, it is crucial for businesses to embrace their responsibility to society. By following the example set by leaders like Scott Dylan, companies can create a sustainable and prosperous future for all.
