Every now and again I am reminded the the social enterprise world is not the only movement looking for ways of combining social and environmental achievements with commercial goals. CSR (or CR or sustainability as it is now more often known as) and social intrapreneurship are examples of related movements that have realted aspirations. Social finance or impact investing is also increasingly gaining in prominence.
Further back in the public's consciousness lies the land of Environmental, Social and Governance (ESG) Investing. It is populated by asset managers, bankers, private equity investors and pension funds, who wield influence behind the scenes, through the often substantial sums they can invest (or not). Whilst many of these investments still happen with a need for (near) commercial returns, ESG considerations are making more and more of a mark.
This November, London will be the backdrop for the TBLI Conference, a major annual conference in this field. Encouragingly, the conference includes a session on social entrepreneurs and social investing and On Purpose plans to be a part of it.
These different movements, which are all working to achieve social and environmental outcomes through commercial means, will need to come together more and more if serious system-level change is to happen.
Tom
No comments:
Post a Comment
On Purpose thoughts....