Impact Through Corporations

Impact Through Corporations

Sir Ronald Cohen

Father of impact investing

We have the right to know what good and what harm companies are creating for people and the environment in their search for profit. In this video, Sir Ronald Cohen discusses how we can bring this about effectively.

We have the right to know what good and what harm companies are creating for people and the environment in their search for profit. In this video, Sir Ronald Cohen discusses how we can bring this about effectively.

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Impact Through Corporations

13 mins 29 secs

Overview

We have the right to know what good and what harm companies are creating on people and the environment in their search for profit. Harvard Business School has created the Impact-Weighted Accounts Project, which aims to combine profit and impact information in the same account, measured in dollar terms. We need transparency from corporations as many will emerge from the COVID-19 crisis with heavily indebted balance sheets, reduced budgets and magnified social issues.

Key learning objectives:

  • Understand the Impact-Weighted Accounts Project

  • Learn what is meant by positive and negative impact

  • Identify why transparency is necessary

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Summary
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This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Expert
Sir Ronald Cohen

Sir Ronald Cohen

Sir Ronald Cohen is the Chairman of the Global Steering Group for Impact Investment, the Impact-Weighted Accounts Initiative at Harvard Business School and The Portland Trust. At the start of his career, he co-founded the private equity firm Apax Partners. In 2020, he wrote the bestselling book “Impact: Reshaping capitalism to drive real change”. Considered the Father of Social Investment, in 2012 he received the Rockefeller Foundation’s Innovation Award for innovation in social finance.

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