As impact reporting becomes vital to organizations, we face a big challenge: the social finance world lacks common standards. How can practitioners agree on the same metrics and method to create truly reflective data, while still remaining accountable to their core stakeholders? This story is crafted in partnership with the MaRS Centre for Impact Investing in the lead up to the 2019 Social Finance Forum.
As social finance hits the mainstream, how much has really changed with how we use capital? With insight from international impact investing visionary Jed Emerson, we ask what it would take to bring purpose into investments at scale. This article is crafted in partnership with the MaRS Centre for Impact Investing in the lead up to the 2019 Social Finance Forum.
The Government of Canada has proposed up to $755 million over the next ten years for a new Social Finance Fund to encourage innovative approaches to address complex social issues. This is poised to help resource a more just and sustainable economy. Yet, in order to create lasting impact, it must deploy the resources strategically.
Next year, the government is set to launch its ambitious $755 million Social Finance Fund. To help ready organizations, the Investment Readiness Program has identified key delivery partners and plans to kick off efforts this fall. Read on for a breakdown on how it will work, and keep an eye out for more updates from Future of Good.
Impact investing and social finance aren't sustainable with government funding or philanthropic capital alone. There is a continued amount of work that the social change community across Canada needs to do to convene and convince mainstream private sector players of its value.
Open banking holds transformative potential to reduce costs, improve Canadians' ability to manage financial services, and gain access to a wider range of services. We haven’t yet had a significant conversation about the social purpose merits and potential of open banking. The time for that discussion is now.