Founding a social enterprise is "like having two babies at once": at Ashoka's GetWISER Summit 2024, we hear about the brilliant women social entrepreneurs overcoming challenges on a daily basis – and why we need to change how we measure impact.
Universal impact reporting standards seem to have fallen out of grace – and social enterprises are none the wiser on how to measure their impact effectively. But what if a new approach changed what felt like a chore into a welcome pick-me-up?
Measuring impact is expensive and can be seen as an unnecessary burden for impact investors and enterprises – but it may be the only antidote to impact-washing.
Call yourself an impact investor, and – unlike any other investor – you'll be required to spend time and money proving that you're doing what you say you're doing. Why do we allow impact investing to be uniquely taxed in this way?
ESG is due for a rebrand, says The Big Issue's Klara Kozlov. Instead of the “tired controversy” over its relevance, the debate has now moved on to how to measure the impact of investment decisions on people’s real lives.
The most interesting news snippets from around the world. This week: why deeper investment is needed in our oceans, microcredit funds target growth of ‘socio-bioeconomy’ in Brazil, and a social enterprise radio station launches in Wales.
Some things are a matter of personal taste, but the only way to figure out how damaging or beneficial companies are to people and planet is to put a price tag on impact. Some people have started doing it – and the findings are striking.
Much-anticipated reporting requirements for companies worldwide aim to provide reliable and comparable information to investors, while “reducing opportunities for greenwashing”.
Impact management and measurement industry faces explosion in demand for services from companies, NGOs, governments and others keen to measure social and environmental impact in addition to financial performance.
