INTERVIEW: Putting a price tag on a company’s social and environmental impact is the only way to demonstrate its true profit and loss, believes Sir Ronald Cohen, who is now focusing on driving forward the next accounting revolution.
INTERVIEW: Founded in 1990s eastern Europe, NESsT is still helping high-impact organisations to grow, and not rely on grants. We hear how it makes extra efforts to track its own impact – and how a new fund is tackling LGBTQIA+ discrimination.
Following record investments in 2021, deals are lower this year, Dealroom’s Impact Database reveals this week. Yet impact startups remain collectively valued at more than US$2tn and “impact unicorns” have reached 200.
INTERVIEW: As B Lab leads a "substantial revisit" of the criteria for companies seeking B Corp status, we ask the man who oversees these standards what will change – and if recent criticism of B Corp certifications is justified.
Company directors’ reliance on international accounting standards means sustainability issues are currently reported separately, if at all. But there are steps they can take to better meet their legal responsibilities, says our columnist.
This week: Church of England prepares for controversy over reparations fund; catalytic EU funding creates three Eastern European impact funds; Hey Girls’ Celia Hodson’s next move; DEI nosedive; a new funders platform for Asia, and more.
Sir Ronald Cohen, the impact investing pioneer, is pre-launching an artificial intelligence avatar which discusses his ideas and reflections. We put it to the test.
This week: ‘not-for-profit’ actor Michael Sheen recognised by Time magazine, GIIN focuses on Japan’s ‘inspiring’ momentum for impact investing, and B Corps continue to rise.
Humanitix opens UK office in Edinburgh with announcement of £500,000 annual prize for UK social enterprises and charities, and promise of focus on events accessibility for people with disabilities
£440m of dormant assets is allocated in new government strategy, including £87.5m for social investment and a commitment to follow sector recommendations – but the amount remains ‘modest’ in the face of current challenges.
IMPACT 101: Cooperatives are big business: more than 1bn people are cooperative members, and the top 300 cooperatives and mutuals turn over more than US$2tn. But how do these entities work, and what are their benefits and drawbacks?
This week: Sir Ronald Cohen’s social investment solution for UK child poverty, Kresse Wesling bags $100k Cartier impact award, Mirova merger – and more.
As Big Issue Invest celebrates achieving £100m of social investments during its first 20 years, executive chair Mark Porter reflects on the UK social investor’s journey so far and the challenges that lie ahead.