Altech, a social enterprise founded by former refugees, provides affordable solar energy to underserved people in the Democratic Republic of Congo and new investment could support nearly 14,000 households.
An initiative claiming to ‘simplify’ EU sustainability laws has been branded ‘full-scale deregulation’ by opponents, with former UN high commissioner for human rights Mary Robinson calling on the European Parliament to resist the reforms.
While Donald Trump and Arab leaders compete over plans to rebuild Gaza, local social entrepreneurs are already providing solutions for their communities. It’s a journey towards self-sufficiency and independence for the Palestinian people.
Locally-rooted and entrepreneur-led, with zero interest and ‘social’ repayment options – Kindred has created a flexible financing solution that’s strengthening dozens of social ventures.
Social enterprises and others can apply for grants of up to £9m as part of the government's new Youth Investment Fund, delivered by Social Investment Business, and set to fund 300 existing or new youth facilities.
ACF, School for Social Entrepreneurs and Access Foundation set up taskforce to boost earned income through grants – billed “the missing piece in the finance jigsaw” – by building on success of match trading.
Certifying as a B Corp isn't easy, even for the most experienced ethical businesses. But should the bar be higher? The latest in our Awkward Questions series puts forward some important challenges. Plus, an overlooked solution to messy metrics.
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.