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.
INTERVIEW: Founded in 1990s eastern Europe, NESsT is still helping high-impact organisations to grow, and not rely on grants. We hear how it makes extra efforts to track its own impact – and how a new fund is tackling LGBTQIA+ discrimination.
Following record investments in 2021, deals are lower this year, Dealroom’s Impact Database reveals this week. Yet impact startups remain collectively valued at more than US$2tn and “impact unicorns” have reached 200.
INTERVIEW: As B Lab leads a "substantial revisit" of the criteria for companies seeking B Corp status, we ask the man who oversees these standards what will change – and if recent criticism of B Corp certifications is justified.
Company directors’ reliance on international accounting standards means sustainability issues are currently reported separately, if at all. But there are steps they can take to better meet their legal responsibilities, says our columnist.
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.
What's a typical day like for a sustainability boss? The Body Shop's international CSR and campaigns director on the challenges of becoming a B Corp, avoiding after-hours corporate events, and why he wants his team's jobs to disappear.
