The UK has launched a new Impact Investing Institute that would pave the way in making sure British investors make responsible investments, enabling them to invest in line with their values while considering social outcomes.
The independent institute aims to encourage investments in organisations providing housing to homeless and renewable energy firms or companies offering sustainable employment.
The institute, which is backed by the government, private sector, and financial services sector, combines the UK National Advisory Board on Impact Investing and the Implementation Taskforce on Growing a Culture of Social Impact Investing in the UK. Read the Entire Article
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Youths in the Middle East deal with the world’s social problems such as high youth unemployment rates. As a solution, some are creating new businesses with a social purpose, such as tackling environmental issues, illiteracy or health, while also spurring job creation.