States have identified their Opportunity Zones. Now what?

Wednesday’s deadline for identifying such zones under a provision of last year’s Tax Cuts and Jobs Act forced tough choices. States were able to choose no more than one-quarter of their low-income neighborhoods for investments that will let investors defer and reduce capital gains taxes. An even tougher challenge is ensuring local residents aren’t displaced by

Investors weigh the value of B Corp certification

More than 2,400 companies have been certified as “B Corps,” giving them a handy way to demonstrate their adherence to social and environmental performance and accountability standards. Do investors care? A new report from the Yale School of Management, “Just Good Business,” suggests they should. Among the reported benefits: Access to non-financial data, benchmarking against

European supertankers of finance chart a course to a different future

All Sophie Robé wants is 5%. Out of the €11 trillion (US$13.6 trillion) expected to be represented at the 4th Impact Summit Europe this week in The Hague, that could be real money to meet the global Sustainable Development Goals for 2030. By organizing the event, Robé, the founder of Phenix Capital, an impact investing advisory firm

With new pledge, another foundation moves to align endowment with mission

This is no time for business as usual, Sharon Alpert, president of the Nathan Cummings Foundation, made clear in a note last year, when the foundation boosted its grant-making to challenge xenophobia, racism and attacks on democratic institutions and the legitimacy of the press. Now, the 70-year-old foundation is taking another business-not-usual step — for philanthropy — by pledging to

The surprising leader in the $36 billion global market for ‘payments for ecosystem services’

Environmentalists have talked for decades about the value of the clean air, clean water, biodiversity and other “services” provided by nature. Now comes the fullest accounting to date of actual transactions that pay for such services. The headline number: between $36 billion and $42 billion per year, in more than 550 “payment for ecosystem services”

Gender equity is not only the smart thing, it’s the right thing, to invest in (podcast)

It should come as no surprise to regular listeners of ImpactAlpha’s Returns on Investment podcasts that Imogen Rose-Smith doesn’t think much of the slew of research studies and white papers released each year in time for International Women’s Day every year. “Lazy,” “simplistic” and “bullshit” are a few of her more mild reactions. https://medium.com/media/2a29f424f96f9ba4cb17ffbc5127f8e9/href “To