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.
Can the impact community succeed where COP28 failed on finance for emerging economies' climate adaptation? Plus, awkward questions for DFIs and stories of collaboration for impact. This week's view from the Pioneers Post newsroom.
There is tremendous opportunity for impact investors in Africa, but they’re hesitant to commit. The UNDP’s Joanne Manda suggests we need guiding frameworks and standards, developed by Africans.
Report from Nick Hurd-led group of leaders says development finance institutions need to find more effective ways to mobilise private capital for impact in emerging economies if world is to meet SDGs.
Development finance institutions say they invest where others will not. Yet they've set up investment standards that all but guarantee that their dollars flow to megafunds and big, profitable companies that don't really need their help.
We explore how social entrepreneurs can reframe their mindset to truly ‘design for disability’, how investment boards can better serve Black-led social enterprises and what the findings of SEUK’s State of Social Enterprise Survey mean.
We delve into purpose, profit and profitability with Demos – and a pair of your correspondent's climbing shoes. Plus, don't miss our interviews with Jeroo Billimoria and Kush Kanodia. This week's view from the Pioneers Post newsroom.
MY IMPACT STORY: The award-winning disability rights campaigner and social entrepreneur shares his story of how he transformed pain to purpose – and became one of the most influential disabled people in the UK.
Demos report claims reforming the Companies Act to put social and environmental impact at the heart of directors’ duties would add £149bn to UK GDP a year – but the political will for reform is needed.