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.
The social enterprise gatherings at the UK Labour Party conference left Nick Temple underwhelmed. The impact economy must stop rehashing the same old arguments if it doesn’t want to remain on the fringes of the national debate.
IMPACT 101: Thousands of firms – including Patagonia, Triodos, Nespresso and The Guardian – now boast a ‘B’ symbol. But what exactly is a B Corp? How does certification work – and what criticisms does it face?
Impact assets under management in the UK are up by a third compared with 2020 figures, according to latest report from Impact Investing Institute, while impact investing receives strong backing from government minister Lisa Nandy.
This week: Fearless Fund drops grant programme for black women, the Body Shop is rescued from administration, but has lost B Corp status, Draghi slams sustainability reporting laws, and more.
BRUSSELS BRIEFING: As Patriots for Europe looms large in the European Parliament, and Hungary takes on the presidency of the European Council, how might policies that favour the social economy fare, asks our Brussels correspondent.
The most interesting news snippets from the world of impact. This week: landmark report reveals sustainability standards don’t work for the Global South, Scotland aims to triple the size of its social enterprise sector, launch of a ‘think-do tank’, and more.
Proposals to develop social enterprises and other similar organisations seek to remove barriers to finance and markets and support informal economy organisations to build the “inclusive economy of Africa in the modern era”.
