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.
From economic rifts to regenerative fashion: fashion designer and The Great British Sewing Bee star Patrick Grant gives his takes on the state of the UK's fashion industry and his vision for the future.
The past three years have seen a surge of new social enterprises in Algeria as state support for startups grows - but they need clearer recognition and support to survive in a “jungle” of for-profit competitors, new report shows.
PLUS: Japan’s banks team up for impact; €32m to support African health entrepreneurs; John Lewis and Hubbub join forces for the circular economy, and more – all the deals you need to know about this month.
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.
Faber, a long-standing supporter of purposeful business, looks forward to ‘once-in-a-generation’ opportunity to drive major shifts in the information that investors receive.
GDP up, good; GDP down, bad? Not so simple, especially when assessing citizens’ wellbeing. Many alternative measures aim to fill that gap, but none can entirely replace GDP, writes our columnist – and in any case, the real issue lies deeper...
The Nobel laureate sees a bleak future ahead, unless we act fast to reset our failed economic system. Enter the young people endowed with superpowers – and the social businesses designed to solve problems.
Influential global group warns ambitious climate and social targets will not be met without much more private capital, and sets out “actionable” recommendations to get there, in what chair Nick Hurd describes as a “radical” and ambitious report.
Majority of young changemakers juggle additional professional commitments to make a living, new research finds. Plus, six in 10 have experienced burnout, with even higher rates among women and people from marginalised groups.
