What are OpenAI CEO Sam Altman’s motivations in restructuring his tech firm into a public benefit corporation? Amendments to the law in the US state of Delaware might give a clue on whether Altman is looking for social impact or profit maximisation.
The Scottish government is aiming for full-scale economic systems change and expects social enterprise to be at the forefront of its new economic model, according to discussions at the Social Enterprise Scotland Summit 2024.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
Running a venture that helps both people and planet is hard. Amid inflation, instability and even war, it sounds almost impossible. But, for the pioneers of green business in Palestine, Lebanon and Egypt, sticking to the mission makes sense.
Reporting from Madrid, where Fi Forum attendees discuss the feelgood factor of impact investing; fighting inertia when it comes to understanding investors' true impact; and breaking glass ceilings – this week from the Pioneers Post newsroom.
Expanding healthcare through AI in Africa, publishing city-guides for impact entrepreneurs or boosting inclusion in the startup scene – we bring you some stimulating social business ideas from the Impact Shakers Summit in Brussels.
INTERVIEW: Investment firms can affect people and the planet in many ways – and not just through the businesses they back. The leaders of a new project seeking consensus on ‘investor contribution’ tell us why their work is breaking new ground.
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.
The Mumbai slum romanticised in the film Slumdog Millionaire is to be redeveloped – but current plans ignore its function as a hub of enterprise and creativity. Sustainability-linked finance could unlock an alternative future.
Access to funding for diverse entrepreneurs is not a "pipeline problem", we hear at this week's Impact Shakers Summit in Brussels. Plus: new backers for Suzanne Biegel's legacy fund and why a UN resolution on the social economy matters.
UN recognition of the social economy builds on progress in many countries, from Senegal to South Korea. The next step is widespread implementation, say Victorine Anquediche Ndeye, Marlène Schiappa, Chantal Line Carpentier, Frédéric Bailly and Francois Bonnici.
