MARK FLORMAN
Mark is a businessman and entrepreneur active in policy making. His mission has been focused on driving and measuring economic & social impact and harnessing human potential.
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There is increasing ubiquity in considering the ‘impact’ business has on people and places. Environmental, social and governance (ESG) issues are mapped by corporations, ‘social enterprises’ are abounding, governments are launching ‘social impact bonds’ and there is integration of ESG considerations into financial analyses by traditional investors. Even archetypal profit-focused investment banks, including Goldman Sachs and Morgan Stanley, include ESG and impact activities in their business. The notion of the social impact of business has become so mainstream that government at the highest levels – including G8 leaders and even the Pope – advocate the creation of institutions to give greater attention to driving social impact.
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The battle line
What am I as an influential individual, business leader and member of business organisations doing to increase the capacity of my country and the world to make sensible decisions in the interests of all? Am I mainly lobbying for special tax and regulatory treatment for our own benefit or am I supporting political action and…
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The migration equation
At Time, everything we do seeks to redress the overuse of natural resources and the underuse of human capital. This is the great equation which underpins the Sustainable Development Goals, and around which all our thinking is centred, to ensure that private capital – the world’s greatest untapped resource – will build forward better. …
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Beautiful truth: investing in the radical hope of dementia therapies
‘The comparative neglect of dementia has several causes. One is that it often falls between different government agencies…Often the provision of long-term care is the responsibility of local governments, so its availability and quality vary wildly. More fundamentally, the old notion that dementia is a natural part of the ageing process is deep-rooted—held by two-thirds…
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Twelve Platform Policies for Global Equilibrium
The tide of global fortune is shifting at an unprecedented pace. Fuelled by the rapid dispersal of technology and newly educated workforces, the economies of developing nations are growing at remarkable rates. China is expected to overtake the USA as the world’s largest economy in around 2027, while India’s population is forecast to grow to 1.7bn by 2050, creating the world’s largest workforce. These statistics reflect the fast-changing global hierarchy of economic and geopolitical power. In broad terms: the Old World (North America, Europe, Japan, Australia) – partially sclerotic, stagnating, ageing and indebted…
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The female future
The financial divergence wreaked by pandemic is not news. One recent event, however, has shone light on a very different and decidedly hopeful shift quietly redrawing the lines of global capital distribution. With news of her divorce, Melinda Gates has stepped away from one of the world’s most significant philanthropic partnerships to become a change-maker with an…
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Business & Society – my Step 1 & Step 2
Corporate Governance Reform for a New Era of Responsible Business. Pre-Second World War, society – including business – did more than the State to provide a safety net for its inhabitants. The Post War Consensus changed this and the State assumed more responsibility. Business has since been left with a narrow focus on profits, failing to do enough to contribute, outside of the basic employment contract, to the communities in which it operates. It needs to do more. For the world’s governments, societies and economies, no question can be more pressing. Enlightened businesses, investors and consumers know that there is only…
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Purpose in pandemic: The Future of the Corporation’s 2021 Summit
The second Purpose Summit of the British Academy’s Future of the Corporation initiative earlier this month opened with a disingenuous question: is there really anything to this ‘purpose revolution’? Well, the illustrious panel confirmed, yes. The language may still be hesitant – soiled by decades of green-washed cynicism – but the reality is definitive….
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The impact cure
Capital is like a vaccine. It stands between people and peril, offering protection against sickness, exploitation, hunger and homelessness. It shores up value, helping economies and people to thrive, build, contribute. In this way, capital and vaccines create sustainable, equitable, resilient societies: where individuals are protected from the worst harms, parents can work, children can…
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