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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.
INTERVIEW: Founded in 1990s eastern Europe, NESsT is still helping high-impact organisations to grow, and not rely on grants. We hear how it makes extra efforts to track its own impact – and how a new fund is tackling LGBTQIA+ discrimination.
Following record investments in 2021, deals are lower this year, Dealroom’s Impact Database reveals this week. Yet impact startups remain collectively valued at more than US$2tn and “impact unicorns” have reached 200.
INTERVIEW: As B Lab leads a "substantial revisit" of the criteria for companies seeking B Corp status, we ask the man who oversees these standards what will change – and if recent criticism of B Corp certifications is justified.
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.
PLUS: Resonance makes raft of SITR investments ahead of crunch time for relief scheme; first impact fund for French investment firm Founders Future; Dutch social impact bond repays investors; new Conduit EIS Impact Fund; and more.
Burnout, stress and long hours have become the norm for employees, but social businesses can do it differently, writes Year Here fellow Emily Horton – who has seen first-hand that prioritising workers’ wellbeing is entirely possible.
The Westminster government's minister for civil society says she draws energy from learning new things, but is her brief simply too wide for social enterprises to get the ministerial attention they crave?
“But how can it be neutral?” In the first of our new Nicholls & Dimes series, social value expert Jeremy Nicholls responds to the former Bank of England Governor – and asks how eminent economists can ignore the fundamental role of accounting.
Crunching the numbers from social sector organisations that have closed could help others to predict and prevent financial fragility. From salary spend to income type, financial benchmarking specialist MyCake suggests key questions to explore.
Coverage of companies’ sustainability performance is increasing, creating increasing pressure on corporates to meet ESG standards. Can the power of the press be a catalyst for change? How can it help the move towards stakeholder capitalism?
PLUS: A first crowdfunded impact bond Israel and a new ‘career impact bond’ for American students; MacArthur Foundation’s catalytic capital investment; new climate fund from Aberdeen Standard and Big Issue Group, and more.
The threat of misinformation is being felt across the world. But, from Turkey to Ghana to Northern Ireland, entrepreneurs are finding novel ways to help the truth spread faster than lies.
Impact measurement is not only challenging – it can also be a distraction from what really matters, argues our columnist, who draws on conversations with some of the women critiquing and reimagining this burgeoning industry.
