President of UK business group urges firms to switch to positive purpose as influential Future of the Corporation project calls for overhaul of company director role. But, asked if profit or purpose comes first, business leaders are evenly split.
Social investors have long backed action on things like domestic abuse or economic inequality – so why the silence on racial injustice? Diversity Forum co-chair Amir Rizwan on how they can start to put their money where their mouths are.
PLUS: US philanthropy heavyweights back new ‘Tipping Point Fund’; new blended finance agribusiness fund makes first investment, UK universities set up responsible investment network, and more.