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.
The UK is weary of social impact bonds. But, says Dr Chih Hoong Sin, exciting innovations in other parts of the world should inspire the country of their birth to take a fresh look at what they can achieve.
UK’s largest employee-owned business announces new fund with environmental charity Hubbub to back “trailblazing innovations” – with grants open to social enterprises, charities and academic bodies.
Impact investors must welcome newcomers by talking about the problems that can be solved – rather than putting them off with too much focus on the financial instruments. We report from EVPA’s Investors for Impact Forum in Porto.
Scrap business rates, wrest power from local government and shake up the global economic system – just some actions needed to revitalise UK communities devastated by Covid-19. We report from the Social Enterprise Futures conference.
Global leads on diversity, equity and inclusion – including from eBay and Bad Robot – tell the Ashoka Changemaker Summit that no-one is an expert and learning from diverse groups and people's lived experiences is the only path ahead.
When companies embrace social purpose, the boundaries with their foundations become blurred. As new research shows their “impact integrity” is at risk, is it time to do away with them altogether?
The Glasgow talks – and hundreds of fringe events – are wrapping up today, but what next for business and finance? Hear what some ministers, CEOs and impact investing leaders have to say, in our pick of the fortnight's quotes.
PLUS: More COP26 headlines you may have missed; Esmee Fairbairn’s £10m impact investing pot; impact unicorns; blended finance rebound, Marshall Institute's £50m accelerator, a skills impact bond for India, Ecosia's new VC fund, and more.
Our oceans are drowning in plastic waste. But what if you could stop the stream of rubbish closer to the source? One nonprofit is doing just that, by bringing its unusual invention to the world’s dirtiest rivers. Technology, though, is just the beginning.
