Social Impact For A Better Future (and Profit) [Forbes]
INTESA SANPAOLO S/ADR (ISNPY)
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Source: Forbes
Instead, based on current data, it has been calculated that the performance rate in education is around 9%, higher even than that in infrastructures. Higher education generates benefits for the State in terms of increased taxes and decreased expenses, for example, when considering unemployment benefits and health costs. This is the principle underlying Ronald Cohen's Theory of Social Impact: investments devised to have a positive social and environmental impact can also, at the same time, create profit. Creating social investments that can be measured and that produce an economic return for investors is a guarantee of the social efficacy of those very same investments. Let's take the recent example of a case in Milan where the outcome of a project initiated in 2019 and designed to combat educational poverty has just been assessed. The project sprung from an even more basic need when it was revealed that there was a food problem in the city, and the number of children who could not c
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