Your quick guide to the most interesting news snippets about social enterprise, impact investment and mission-driven business around the world. This week featuring the Skoll prize winners, Unity Trust, ChangeNOW, FaithInvest, and more.
Philanthropy alone cannot solve pervasive issues like poverty and inequity, believes Abha Thorat-Shah. She is leading the British Asian Trust’s work to deploy social finance mechanisms to boost education, employment and entrepreneurship.
"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".
Post Kids Company and Olive Cooke scandals, public trust in charity is lower than ever. Richard Hawkes, CEO of British Asian Trust issues a rallying call, urging the sector to change in order to survive.
