Founder Jeff Skoll launches emergency fund in response to US government ‘efficiencies’, while MacArthur Foundation president urges other funders to follow its lead in releasing more funds during Donald Trump’s presidency.
Black-led social enterprises and charities are in crisis, and Bayo Adelaja is tired of watching it happen. The answer, she says, isn’t more mentorship or roundtables, but those with power taking action now.
"Like the protagonist in this film, my parents experienced poverty, rejection and what felt like insurmountable obstacles when they came to the UK" – Social Value UK boss Isabelle Parasram OBE reveals the films, books and more that inspire her.
Group urges social investors to step up inclusion and equity efforts with new pledges, following damning findings last week from the influential Adebowale Commission.
As the Diversity Forum launches a new, more robust manifesto, its chair Amir Rizwan urges social investors to not only pledge to take seriously their commitment to diversity and inclusion, but also to set goals and be accountable.
PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
"While nothing is predictable in today’s world," says the British Asian Trust's Abha Thorat-Shah, outcome-based financing can be "the panacea that drives sustainable, systemic social change for common good".
A global study led by Lex Mundi Pro Bono Foundation and launched at the World Economic Forum’s virtual Davos Agenda finds current legal requirements can even be a “hindrance” to the development of social enterprise in some jurisdictions.
Nobel laureate condemns those who ‘mindlessly’ continue the old ways of doing business and urges swift action, speaking at celebration event for those who are transforming corporates from within.
