This week: Fearless Fund drops grant programme for black women, the Body Shop is rescued from administration, but has lost B Corp status, Draghi slams sustainability reporting laws, and more.

BRUSSELS BRIEFING: As Patriots for Europe looms large in the European Parliament, and Hungary takes on the presidency of the European Council, how might policies that favour the social economy fare, asks our Brussels correspondent.

The most interesting news snippets from the world of impact. This week: landmark report reveals sustainability standards don’t work for the Global South, Scotland aims to triple the size of its social enterprise sector, launch of a ‘think-do tank’, and more. 

Proposals to develop social enterprises and other similar organisations seek to remove barriers to finance and markets and support informal economy organisations to build the “inclusive economy of Africa in the modern era”.

Running an impact-focused business “is a dance between priorities that compete for time and money”. When you add investors to the mix, the dance gets even harder, say Erinch Sahan and Julie Menter.

Call yourself an impact investor, and – unlike any other investor – you'll be required to spend time and money proving that you're doing what you say you're doing. Why do we allow impact investing to be uniquely taxed in this way?

By expressing issues such as low pay or overuse of carbon as 'externalities', we have let company directors, their auditors and investors off the hook – ignoring actions they could take using existing accounting standards, warns Jeremy Nicholls.

Jaron Soh, co-founder of Voda, the LGBTQIA+ mental health app, shares how (and why) he built an intersectional investor roster for his recent £275k pre-seed impact investment round.

Paris 2024’s active strategy to support social enterprises to access contracts is hailed a success by organisers. And many hope a role in the global sporting spectacle could be a game-changer for the sector.