Webinar: The ‘Impact Revolution’: can capitalism be reshaped to drive real change?

Date & timeThursday, 14 January 5:00pm - 6:00pm
CostFree of charge
Booking closing date Thursday, 14 January 12:00pm
Event type Webinar

Online booking for this event has now closed. Please email alumnioffice@trinhall.cam.ac.uk for late booking enquiries.


The Trinity Hall Social Entrepreneurship Lecture, co-hosted by the Cambridge Centre for Social Innovation and kindly supported by Graham Ross Russell

This January we look forward to co-hosting an event with the Cambridge Centre for Social Innovation, University of Cambridge, where Trinity Hall Fellow Commoner and Diageo Professor in Organisation Studies at the JBS, Jennifer Howard-Grenville, will be joined by Sir Ronald Cohen for a discussion.


About the event

The ‘Impact Revolution’: can capitalism be reshaped to drive real change? Sir Ronald Cohen in conversation with Professor Jennifer Howard-Grenville

2020 is not the future we imagined. This is a world still marked by human suffering and inequity and deepening environmental crisis.

The problems with modern capitalism and neoliberalism have been laid bare. The widening gap between rich and poor is an existential threat to us all, as the pandemic has shown. Unchecked growth puts the planet in peril through accelerating changes to climate and losses to biodiversity.

Can we transition to a different form of capitalism that embeds impact alongside profit? How can we measure and promote positive social and environment impact, and also account for negative impacts? How do we ensure real, sustainable change is achieved – not just empty ‘purpose-washing’?

Sir Ronald Cohen argues that we must embrace the ‘invisible heart’ of markets, embedding measurable impact as a driver in every investment, business, consumption and policy decision we make. This discussion will explore his proposals for change, outlined in his recent book IMPACT, and through his work developing ‘impact-weighted accounts’ with Harvard Business School.




For nearly two decades, Sir Ronald’s pioneering initiatives in driving impact investment have catalysed a number of global efforts, each focused on driving private capital to serve social and environmental good.

This year he published his third book IMPACT: Reshaping Capitalism to Drive Real Change, exploring how impact investment is reshaping our economic system, transforming the private sector from a polluter and driver of inequality into a powerful force for good; distributing opportunity more fairly; and bringing solutions to our great social and environmental challenges.

He is also working with the Impact-Weighted Accounts Project at Harvard Business School to drive the creation of financial accounts that reflect a company’s financial, social, and environmental performance.

Sir Ronald is Chairman of the Global Steering Group for Impact Investment and The Portland Trust. He is a co-founder director of Social Finance UK, USA, and Israel, and co-founder Chair of Bridges Fund Management and Big Society Capital.

sirronaldcohen.org/ | Follow on Twitter: @SirRonnieCohen


Diageo Professor of Organisation Studies at the Cambridge Judge Business School and Fellow of Trinity Hall, University of Cambridge

Professor Jennifer Howard-Grenville is the Diageo Professor of Organisation Studies at the Cambridge Judge Business School, University of Cambridge. An expert in qualitative research and organisational change, she explores how people and organisations generate and navigate change related to sustainability.

Over a period of twenty years, she has conducted in-depth studies into how people make meaningful change in companies from a variety of sectors, including semiconductor manufacturing, apparel, and oil and gas. Jennifer has taught extensively on management and sustainability topics at the Executive, MBA, EMBA, doctorate and undergraduate level. She serves as Deputy Editor at one of the field’s top journals, Academy of Management Journal, and is a Fellow of Trinity Hall College, Cambridge.

View Jennifer’s full biography


How to register

Online: Online booking is now open – please click here.

By email: Contact alumnioffice@trinhall.cam.ac.uk with your name and how you are affiliated with the College. If you are an alumnus/alumna of the College, please include your matriculation year.

Please register no later than midday on Thursday 14 January.

You will receive the joining instructions by 3.30pm (GMT) on Thursday 14 January which will include the link to Zoom. If you have not received the link by this date and time, please check your spam box before contacting alumnioffice@trinhall.cam.ac.uk.



This new annual event is part of a broad programme of support for social innovators at Trinity Hall, University of Cambridge, supported by a generous donation from Trinity Hall alumnus, Graham Ross Russell, and delivered in partnership with the Cambridge Centre for Social Innovation.


Graham’s career in the City saw him advising small companies in corporate finance and investment banking. He is now involved with even smaller companies, encouraging innovation and the growth of start up and early stage companies, both as the founding chair of UK Business Incubation and as an angel investor. He has been a trustee of Nesta, Commissioner of Public Works Loan Board, Deputy Chairman of the London Stock Exchange, Chairman of Suttons Hospital in Charterhouse and is an alumnus and Honorary Fellow of Trinity Hall.


The Cambridge Centre for Social Innovation at Cambridge Judge Business School is a platform for research and engagement with social innovators, entrepreneurs, academia and policy in the UK and across the world.

It nurtures creative and practical solutions to complex social problems by understanding, promoting and engaging with social innovators. Many social innovators work in non-profit organisations, but the boundaries between government, business and the third sector have become increasingly indistinct: social innovation often takes place at the intersection.



If you have any queries, please contact Emma Grieveson on alumnioffice@trinhall.cam.ac.uk.