A European status would enable social enterprises to gain recognition across member states and take advantage of single market, according to Nicolas Schmit – while fellow EU official Thierry Breton says social economy crucial to future of bloc.
Is the European Commission now “in love with” the social economy? Detailed package of measures to promote social enterprises, cooperatives, charities and more is hailed as “huge development for our sector”.
Changemakers must overcome their aversion to lobbying to influence politicians, especially the new breed of “political entrepreneurs”, attendees of Ashoka Changemaker Summit heard this week.
Intangible assets have become a major consideration for investors, making up 90% of all enterprise value on the S&P 500. Yet our accounting system has failed to adapt, with real implications for sustainability. Our columnist suggests a simple fix.
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.
French minister for the social economy Olivia Grégoire launches Impact platform at the ChangeNow online summit to push forward companies' social and environmental reporting.
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?
