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 most interesting news snippets from around the world. This week: King’s recognises members of UK impact community with honours, Ashoka benefits from Austro-German heiress giveaway, and more.
Society changes so impact investors must continually adapt their actions, advises long-time social enterprise supporter, Ikea’s Åsa Skogström Feldt, at Impact Europe gathering, where corporate support for impact was put under the spotlight.
A year after the C$755m Social Finance Fund’s launch, optimism about its transformative potential is tempered by concerns about the exclusion of underserved communities during discussions at the Social Finance Forum.
Nature is the world’s greatest social and financial asset, says Monica Vasquez Del Solar. But we’re not yet making the most of its potential to mitigate climate change and address other global challenges.
As the wealth of the world’s multinationals seems to spiral ever higher, surely they should reconsider how they invest their riches – or do we need a more fundamental shift? This week’s view from the Pioneers Post newsroom.
The most interesting news snippets from around the world. This week: race battle suspends US Fearless Fund’s activities, Australian unis continue to get top marks for impact, and more.
More companies should get into impact investing, urges Impact Europe, but many are still scratching their heads about where to start. A new guide offers pointers to the benefits and the how tos.
Bias toward capital is so deeply embedded in business thinking that few question its legitimacy. But next-generation enterprises are starting to shift the playing field.
