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New nonprofit promotes ‘responsible’ startup innovation – Source

A new nonprofit aims to help fast-growth companies build their businesses by considering societal and environmental impacts from the outset. Responsible Innovation Labs, founded by Hemant Taneja, managing partner at venture firm General Catalyst, and former Stripe executives Jon Zieger and Diede van Lamoen, will help founders innovate with economic inclusion, environmental sustainability, workforce diversity, privacy, and “intentionality and impact.”

“I’ve been investing for 20 years now and when you think about the role of technology … it’s become one of the most powerful forces, if not the most powerful force for shaping change in society,” Taneja says. Adds Zieger: “We think about this as turning good intentions into practical action and rigorous standards.”

In recent years, large corporations have embraced stakeholder capitalism—the notion the purpose of a corporation is to serve employees, customers, suppliers, and communities, in addition to…

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