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.
Rising investor appetite for impact investing and green funds creates four-fold rise in capital commitments, while the number of funds launched each year reaches record highs.
The B Corp movement risks being “an irrelevance, a sideshow, a palliative hopey-changey end-of-days party”, as destructive capitalism rumbles on. It's time to think bigger: to reclaim democracy, says James Perry.
For more than 20 years, Hugo Spowers has been developing zero-emission cars. It’s not only about innovative technology: his vision includes circular business models and an unusual company structure. But is Riversimple – at last – ready to hit the road?
Social enterprises “significantly more resilient” on some measures than commercial businesses – with staff more likely to be retained and hired – but threats of unsustainable margins and reduced cashflow loom.
How do you build climate resilience of Vietnam's rice farmers? How do you boost the life chances of toddlers in Kenya? It’s complicated – but a solid impact management system is a good start, as the experience of two social enterprises shows.
Affordable credit, access to unclaimed benefits, emergency plumbing and more: how UK social enterprises are helping to alleviate the economic squeeze for the most vulnerable.
New figures from UK's CIC Regulator also show overall number of community interest companies grew at record slow pace in 2021-2022 financial year, following unusual spike during Covid-19 lockdowns.
Too complex and prone to manipulation? Or a brilliant way to tackle thorny social issues? Opinions on social impact bonds remain divided. The UK's Government Outcomes Lab has spent six years studying the evidence...
The financial accounting system we use today is hurtling towards irrelevance, undermined by the very inequality to which it has contributed. It's time to change how profit is calculated – before it's too late.
