Social value – the value an organisation contributes to society beyond its reported profit – has permanently shifted how we do business. With global climate, energy and cost of living crises, how will the movement evolve this year?
INTERVIEW: Putting a price tag on a company’s social and environmental impact is the only way to demonstrate its true profit and loss, believes Sir Ronald Cohen, who is now focusing on driving forward the next accounting revolution.
The UK has stormed ahead in certifying B Corporations. B Lab UK's Chris Turner explains why celebrating this milestone matters – and why progress means setting the bar ever higher.
INTERVIEW: One year after the EU’s Social Economy Action Plan was unveiled, a key architect of the plan tells us why consensus came quickly, why there may be a silver lining in today’s crises – and why his biggest fear is ‘blurred lines’ and social-washing.
Company directors’ reliance on international accounting standards means sustainability issues are currently reported separately, if at all. But there are steps they can take to better meet their legal responsibilities, says our columnist.
SOCIAL BUSINESS SPRINT #2: Delivering positive social impact is what all social ventures are focused on – but it won't happen unless you are clear on what you aim to change, how to deliver it and how you are going to measure your success.
Research initiative will look to bring market to “next level of sophistication” to get “better and better” at allocating capital where it matters most.
In the final instalment in this series, social enterprise pioneer Freer Spreckley sets out why accounting for all costs must be a core value – and proposes an update to the social accounting and audit system he first designed in the early 1980s.
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.
