Report from Nick Hurd-led group of leaders says development finance institutions need to find more effective ways to mobilise private capital for impact in emerging economies if world is to meet SDGs.
Much-anticipated reporting requirements for companies worldwide aim to provide reliable and comparable information to investors, while “reducing opportunities for greenwashing”.
While impact emphasises the facts, honesty speaks more about attitude, says Stone Soup Consulting's Sophie Robin – and while an ‘honesty report’ doesn't answer all the questions, it pushes the company to reflect and seek continual improvement.
Faber, a long-standing supporter of purposeful business, looks forward to ‘once-in-a-generation’ opportunity to drive major shifts in the information that investors receive.
Influential global group warns ambitious climate and social targets will not be met without much more private capital, and sets out “actionable” recommendations to get there, in what chair Nick Hurd describes as a “radical” and ambitious report.
The fund's largest grant cycle to date will fund initiatives by a group of organisations, including BlueMark and B Lab, to improve impact data availability, metrics and measurement.
In his latest Nicholls & Dimes column, Jeremy Nicholls applies Monty Python’s analysis of the Roman Empire to current challenges of reporting performance on ESG and corporate impact – and concludes that charities already have the answer.
Nick Hurd, Ronald Cohen and Elizabeth Corley are joined by Douglas L Peterson of S&P Global in new Impact Taskforce which aims to emulate “rocket booster” effect of UK’s last G7 presidency on impact investment worldwide.
An EU law on how large companies report sustainability information is up for review, with a public consultation closing on 11 June. To have a real impact, the legislation needs much clearer requirements, argues law firm Frank Bold.
