Coutts, Triodos, Bridges Fund Management among those in new B Corp coalition calling on financial firms around the world to rewrite their constitutions to legally commit to a social and environmental purpose.
Data from 1,700 companies using the SDG Action Manager reveals failure to commit to changes that would have most impact on Sustainable Development Goals – with most showing little ambition to improve their efforts.
A move to require all EU companies to consider stakeholder interests would fit within the broader European sustainability agenda, but it faces resistance as “traditional industries” lobby the European Commission.
Helping firms switch to a purpose-led model, teaching social entrepreneurship to schoolkids and joining an ambitious, 80-strong partnership: how the city government's Amsterdam Impact is teaming up to help the transition to a new economy.
The Greensill scandal and the European Super League demonstrate what goes wrong when companies chase profit above all – and that fans will take their custom elsewhere. The B Lab UK co-founder on why the time is ripe to repurpose business.
US Impact Investing Alliance, B Lab and 50 others hope proposed White House Initiative on Inclusive Economic Growth will nudge policy and coordinate approaches to health, Covid recovery, racial inequality and climate change.
Social entrepreneurs may acknowledge there’s a crisis unfolding, but that doesn’t mean there’s a clear path ahead for how they should respond. Are they falling short – or does the responsibility lie elsewhere?