IMPACT 101: Cooperatives are big business: more than 1bn people are cooperative members, and the top 300 cooperatives and mutuals turn over more than US$2tn. But how do these entities work, and what are their benefits and drawbacks?
Women workers outnumber men in social economy organisations; leadership and pay gaps are also lower than in the wider economy. But a “considerable glass ceiling” persists. The OECD argues this needs to change.
Following this month's devastating earthquakes in Turkey and Syria, social entrepreneurs in Ankara tell Pioneers Post why they need ideas more than money – and why the social economy now needs to be "more audacious".
Social enterprises are perfectly placed to nurture the rich connections that emerge when people work together for shared benefit – creating this ‘social wealth’ should be embedded within every social enterprise, argues author Freer Spreckley.
Ukrainian Social Academy board member says war has “hurt” – but not destroyed – the nation’s long history of business with a social mission. Now, it needs support to help create jobs for displaced Ukrainians.
One in seven existing community interest companies was founded since March 2020. But their financial sustainability remains unclear, as does the true extent of pandemic-forced permanent closures – and some fear the worst is yet to come.
Impact investors call on government to support the social sector, while cooperatives adapt to meet new demands and hope they can renegotiate – instead of losing – public sector contracts.
Around the world, governments are mobilising and citizens are experiencing major upheavals, as new measures kick in to prevent the spread of the coronavirus. What if we treated the – equally devastating – economic and climate crisis with similar urgency?
PLUS: US philanthropy heavyweights back new ‘Tipping Point Fund’; new blended finance agribusiness fund makes first investment, UK universities set up responsible investment network, and more.
