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.
Up to 50,000 firms required to meet stricter reporting standards from 2024, with proposed directive that seeks to fill major data gaps and overcome what finance chief Mairead McGuinness calls “systemic risks” for the economy.
PLUS: A first crowdfunded impact bond Israel and a new ‘career impact bond’ for American students; MacArthur Foundation’s catalytic capital investment; new climate fund from Aberdeen Standard and Big Issue Group, and more.
Those pushing impact investing need to address three key questions if it is to fulfil its potential. In the first of a three-part series, our contributor asks: is the current swell of mainstream interest in impact investing helpful or harmful?
Systemic impact requires sound policies as well as cash. The European Commission’s Ann Branch on how Brussels is navigating the sometimes delicate balance of advancing social investment – and where it's focusing next.
"Social enterprises are shaping the future of the 21st century and Amsterdam wants to be in the middle of it." This week the European Commission launched its 2016 Social Innovation Competition in the Dutch capital.