B Lab’s revised standards for B Corps currently omit ‘Impact Business Models’, one of the certification’s most promising tools for recognising the businesses that make the most meaningful impact, says Anton Simanowitz.
This week: UK trusts collaborate to back first Black female-founded social investor; Aunnie Patton Power aims to scale ‘innovative finance’; Tribe acquires Snowball – and B Corps feature in their own film series.
This week: Syria’s first hackathon unites social innovators to support recovery; UK government backs social enterprise in public procurement rules shake-up; Alfanar’s MENA impact fund launch is “good news for impact investing”.
This week featuring the latest on the UN’s Social and Solidarity Economy resolution, UK PM Keir Starmer’s commitment to social enterprises, and what young people know about B Corps.
Certifications and initiatives focused on purpose-led business may be disruptive. But in their desire to appeal to mainstream businesses and investors, are they undermining efforts to redesign the relationship between finance and business?
The most interesting news snippets from around the world. This week: have B Corps failed to nail their comms? More $$$ for Australian social enterprises. And guess the new name for GSG.
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.
