Big Society Capital

Professors Without Borders calls for donations and volunteers, announcing changes to its Board of Trustees

Retrieved on: 
Friday, July 7, 2023

LONDON, July 7, 2023 /PRNewswire/ -- Professors Without Borders, a UK-registered charity that works to improve equitable access to quality education, is delighted to announce changes to the Board.

Key Points: 
  • LONDON, July 7, 2023 /PRNewswire/ -- Professors Without Borders, a UK-registered charity that works to improve equitable access to quality education, is delighted to announce changes to the Board.
  • The board of trustees has welcomed Andrew Denton , CEO of Alfa Financial Software, as their new Chair.
  • Professors Without Borders is delighted to add two new Trustees to its team.
  • Professors Without Borders transforms education by bringing equitable, high-quality learning experiences to students and educators in their home environments.

BlueMark Publishes Framework to Bring More Clarity to Impact Reporting

Retrieved on: 
Tuesday, December 13, 2022

NEW YORK, Dec. 13, 2022 /PRNewswire/ -- BlueMark, a leading provider of independent impact verification and intelligence for the impact and sustainable investing market, today published a framework for evaluating the completeness and reliability of fund managers' impact reports. The framework is designed to help impact fund managers improve how they disclose their impact results to their investors and to make it easier for investors to assess the quality of the impact reports they receive. The framework, which also provides the basis for BlueMark's approach to verifying impact reports, is available for download at https://bluemarktideline.com/raising-the-bar-2.

Key Points: 
  • BlueMark's reporting verification methodology was developed after more than 18 months of research, which included 19 verifications of client impact reports, analyses of 30+ other impact reports and interviews with more than 50 impact investing experts.
  • "Impact reporting is an important part of how impact investors are held accountable for their impact claims," said Christina Leijonhufvud, CEO of BlueMark.
  • Based on these insights, BlueMark designed a framework for verifying impact reporting that is anchored around two key pillars Completeness and Reliability.
  • To date, BlueMark has completed 100+ impact verifications for impact investors managing a combined $192 billion in impact AUM.

International Foundation for Valuing Impacts Holds Inaugural Board Meeting

Retrieved on: 
Tuesday, July 12, 2022

BOSTON, July 12, 2022 /PRNewswire/ -- The newly formed International Foundation for Valuing Impacts (IFVI), a spinoff from the Impact-Weighted Accounts (IWA) project at Harvard Business School, held its inaugural board meeting this past weekend to launch the organization.

Key Points: 
  • BOSTON, July 12, 2022 /PRNewswire/ -- The newly formed International Foundation for Valuing Impacts (IFVI), a spinoff from the Impact-Weighted Accounts (IWA) project at Harvard Business School, held its inaugural board meeting this past weekend to launch the organization.
  • The goal of the International Foundation for Valuing Impacts is to drive the global integration of impacts in financial analysis to promote effective resource allocation and achieve long-term financial stability.
  • Since its inception in 2019, IWA has demonstrated that impact-weighted accounts are feasible, valuable, and scalable.
  • The initial Board of Directors of IFVI comprises five directors; additional representatives will be named once the establishment of the entity has been completed.

Wagestream Announces $175M Series C to Expand its Financial Wellbeing App to 30 Million U.S. Frontline Workers

Retrieved on: 
Wednesday, April 13, 2022

Wagestream , the financial wellbeing app founded by charities and designed for frontline workers, today announced it has closed a $175 million Series C funding round as it prepares to scale up support for underserved, financially stressed workers across North America and beyond.

Key Points: 
  • Wagestream , the financial wellbeing app founded by charities and designed for frontline workers, today announced it has closed a $175 million Series C funding round as it prepares to scale up support for underserved, financially stressed workers across North America and beyond.
  • Additionally, with financial inclusion in mind, the app provides users with a variety of financial services to help them build up their financial health over time.
  • The charter ensures that the company can only offer financial services which improve workers' financial wellbeing.
  • Wagestream is the financial wellbeing app founded with charities, designed for frontline workers and built around their pay.