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 This argument is outdated, says GSG Impact chair Nick Hurd.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.
PLUS: Vital Capital creates emergency debt facility for Africa businesses, Cadent Foundation launches, Oddbox secures £3m for nationwide expansion, and Brazilian startup makes ‘sensational’ exit.
What's it like leading a social enterprise through a global pandemic? Nursery chain boss June O'Sullivan on cash flow, careful communication and laying down the law.
The Scottish government is among those announcing new funding this week, as it unveils early details of support for charities and social enterprises – but Westminster is yet to reassure the wider UK charity sector of its support.
Clarity & Co.’s new owner is under pressure to commit to social enterprise status – but first, it must resolve crucial cash flow issues, with over a third of staff not currently being paid.
The Body Shop recently announced it would start using ‘open hiring’ – but it’s not the only company recruiting in a more inclusive way. Inspiration from social businesses in the US, New Zealand and the UK.
PLUS: BNP Paribas and European Investment Fund create €10m impact bond fund, SIS Ventures' second fundraise, US foundations back affordable food business Everytable, Dutch firm Tony’s Chocolonely secures new investment, and more.
Ghana is world-leading in tracking spending on Sustainable Development Goals – making it ripe for impact investors. GSG's Krisztina Tora on the growing momentum (and infrastructure) for impact investment in the west African nation.
PLUS: Sustainability ratings provider EcoVadis secures €200m investment, new fund to back SMEs addressing malnutrition in Africa, European Social Catalyst Fund launches, Brexit donor sets up £100m charitable foundation, and more.
