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.
Social Value International adds explicit requirement to ‘be responsive’ – as too few organisations have reached the stage of managing, not just measuring, their impact.
The B Corp idea disrupted entrenched narratives in business. But certification of companies like Nespresso shows that it must now evolve to embrace newer, bolder ideas in business – or risk being adapted to the needs of the “old economy”.
PLUS: EdTech Provider APDS gains US$7m to 'transform the correctional system'; new report calls for US$6trn in impact investing improve urban slums; Wysa raises US$20m to expand AI-powered mental health services, and more.
New study by Global Steering Group for Impact Investment calls for a change in viewpoint from seeing slums and their inhabitants as a problem and instead acknowledging the potential to transform urban liabilities into assets.
When organisations select their preferred impact metrics in isolation from others, it wastes time and makes it difficult to compare results with others. A promising solution: indices.
Social and environmental benefits are entirely interconnected; it's time for the impact community to properly put this into practice. Plus, we explore the recent challenges facing purposeful property enterprise Dot Dot Dot.
As heatwaves sweep Asia and Europe, the reality of the climate crisis is becoming ever more obvious to even the most hardened sceptics. Who has the ideas, skills and motivation to move us to net zero? Social entrepreneurs!
The Just Transition Finance Challenge, described as 'key' to a fair and inclusive transition economy, was launched at the Finance for Impact summit this week, alongside new recommendations to scale impact investing across the financial sector.
The UK social enterprise is facing allegations of unethical behaviour after increasing fees for property guardians. We explore what happened when tensions stretched between market constraints and stakeholders’ expectations.
