Catalyst 2030 network mobilises some 1,000 organisations worldwide to sign open letter calling for end to short-term funding focused on symptoms, as network’s Systemic Change Awards go to SAP, European Commission and more.
Impact investors must show ‘humility’ as market still highly dependent on those seeking below-market rate returns, says European Investment Fund’s Cyril Gouiffes. We report from day one of the ChangeNOW conference in Paris.
At the Future of Europe conference in Strasbourg, Yolanda Díaz commits to making social economy a priority, while French secretary of state Olivia Grégoire says the sector shows "a path forward" for the reinvention of Europe.
France’s purpose-led companies movement continues to grow, with 176 enterprises à mission two years after the status was recognised in French law. Researchers note the movement is still in its “pioneer stage”.
The sacking of Danone's boss can be seen as a vote of no-confidence in his commitment to do business for good. But the company’s legal status will make it difficult for new executives to change course on sustainability.
PLUS: Resonance makes raft of SITR investments ahead of crunch time for relief scheme; first impact fund for French investment firm Founders Future; Dutch social impact bond repays investors; new Conduit EIS Impact Fund; and more.
C SUMMIT: All the components of a company – foundations, impact investment funds and regular business – should work together towards a joint vision of meaningful social impact, says sustainability boss at Schneider Electric.