Social Finance Round Up: BC Introduces Community Contribution Companies,CSI Releases Community Bonds

SocialFinance.ca produces a weekly round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of March 12, 2012.

Last Week on SocialFinance.ca

Adam Spence posted Job: Manager, SVX and Market Development

Joyce Sou posted Best of the Best – B Corp Champions

Alex Wood posted The “B Corporation” and the Evolution of Capitalism

Michelle Stern posted The Microcredit Movement: A Canadian Perspective

Nabeel Ahmed posted Video: The B Corp Movement Featured on PBS

Canadian and International News

British Columbia introduces act allowing social enterprise companies: changes to the Business Corporations Act would allow for a new hybrid type of company – the community contribution company – that combines socially beneficial purposes with a restricted ability to distribute profits to shareholders.

The Community Bond: An Innovation in Social Finance released by the Centre for Social Innovation; Matt Galloway speaks with Tonya Surman on community bonds.

New social impact bond pilot announced: £5m ‘payment by results’ deal to get rough sleepers off London’s streets

B Lab Releases First ‘Best for the World’ List of Businesses Creating Most Overall Positive Social and Environmental Impact; Canadian company PeaceWorks recognized in first ‘Best for the World’ list as a business creating the most positive community impact. In the Financial Post, Canadian B Corps among “Best for the World”, writes Rick Spence.

Canadian law should permit charities to raise some funds for their missions through business income from both related and unrelated businesses, according to a report released by the C.D. Howe Institute. Download report here [PDF].

In the UK, coalition MPs vote down social investment amendments to Financial Services Bill

2011 ESG Investing Program Annual Report [PDF] from Ethical Funds and NEI Investments released.

Imp-Act Consortium announces major new intellectual agenda to find out: “What works for clients?”

Navigating the New Social Economy: Making Sense of Philanthropy’s Future launched by Lucy Bernholz

Ontario Centres of Excellence (OCE) announces its inaugural Social Enterprise Student Competition: submit a 1000 word business plan by April 2nd, 2012 to partner with a leading social innovator and compete at OCE’s Discovery 2012 Conference, May 14-15 

Social Enterprise Dragons covered in the Vancouver Sun

Transparency of organizations worldwide is boosted by the work of GRI and its network, according to GRI’s Sustainability Report 2010/11

Social Finance Learning and Best Practices

The Three Ages of Socially Responsible Business in FastCoExist

Why ‘Shared Value’ Can’t Fix Capitalism – Steve Denning writes in Forbes

How can social enterprises work more effectively with big businesses? Important for joint ventures ala Grameen Danone

Ashley Cole of CSR Hub wonders what will happen to NGOs as the line between the public, private and nonprofit sectors blurs, arguing that there is still a strong role for traditional nonprofits.

Strategic Social Investments from the Largest Private Equity Firm of the Middle East

Dan Lehner talks about some lessons learned from the Big Venture Challenge.

Green sukuks to drive finance for climate change investment projects

The Responsible Hand – Overcoming the Shortcomings of Impact Investing in Stanford Social Innovation Review

It’s time to integrate ESG into analysis-High sustainability companies outperform counterparts

The role of the funders in building social impact markets by Andrew Wolk

OxfordJam – The Complement to Skoll by Ben Metz

The True Cost of Social Capital – We’re a long way from bringing the real cost of social capital in line with commercial capital, says Timothy Ogden

Education Generation: Crowdfunding Tuition; Eileen Knowles is interviewed on Dowser.

In a February appearance on PBS Nightly Business Report, Calvert President and CEO Barbara Krumsiek discussed sustainable and responsible investing (SRI).

Jobs

The MaRS Centre for Impact Investing is hiring a Manager, SVX and Market Development, responsible for co-managing the SVX initiative, with particular focus on venture and investor outreach and management, alongside providing strategic support to the organization’s market and product development pillar.

Rise Asset Development is looking for a Loan Coordinator, responsible for managing and growing the loan portfolio. The Loan Coordinator will have experience in local issues of entrepreneurship, poverty and/or experience with small businesses.

The Youth Social Innovation Capital Fund is looking for a Program Coordinator and Marketing Coordinator. Get involved!

Upcoming Events

Full-Day Enterprising Non-Profits Orientation Session
March 16th, United Way Toronto, Toronto, ON

Enterprising Non-Profits (Alberta): Building Your Social Enterprise Workshop
March 20, 2012, Sylvan Lake, AB

100 WHF-Stanford PACS Conference 2012
Mar 23, 2012, The Boston Harbor Hotel, Boston, MA

Partnering for Global Impact: Webinar
12pm EDT, March 26, 2012

The Social Enterprise Exchange
March 27, 2012, Scottish Exhibition and Conference Centre, Glasgow, Scotland

3rd Annual Impact Conference
22-25 April, 2012, Miami, Florida

Cracking the Nut 2012 Conference
June 25-26, 2012, Enrique V. Iglesias Conference Center, Washington, DC

The Social Enterprise World Forum (SEWF) – Fórum Mundial de Negócios Sociais 2012
October 16-18, 2012, in Rio de Janeiro, Brazil

Did we miss any news, insights, or events? Use the comment form below to add to this round up.

Photo credit: http://www.flickr.com/photos/benimoto/603815615/

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