Leading voices from UK social enterprise, co-operatives and social investment have raised concerns over a “landmark” definition of the ‘impact economy’ that risks alienating a number of impactful organisations.
Impact Europe today revealed the name of its new chief: Angela Wiebeck, praised for “building bridges” between mainstream finance and impact over her two decades at UBS and Aquila Capital. She speaks to Pioneers Post from Brussels.
OPINION: There’s a message blowing across the Atlantic that the business of investment is to maximise return, and considering people and planet is woke nonsense. This argument is outdated, says GSG Impact chair Nick Hurd.
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.
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.