- The results of a board election last week at the largest public pension fund in the U.S. offered a stark reminder that the “institutional shift” toward sustainable investing is in no way inevitable.
- The latest episode of ImpactAlpha’s Returns on Investment podcast tried to take stock of the state of impact investing at such pension funds and other large institutional investors.
- The Shine Campaign, which seeks to mobilize both philanthropic and private capital for energy access, surveyed 10 fund managers who collectively expect to deploy $1.3 billion in such ventures over the next two years, with half of the capital already raised. “It’s a hockey stick,” said Shine’s Mark Correnti.
- The 10 funders are...
- The latest Returns on Investment podcast takes up the growing concern about “impact-washing,” the use of impact jargon or marketing to raise money or burnish reputations without delivering real impact or, in some cases, causing negative impacts.
- But creating barriers to entry to impact investing and setting up select people or organizations as gatekeepers could be more harmful than any damage from a few bad actors.
- What will it take for investors to make the big bets on a better future?
- We’re counting down the top five Returns on Investment episodes from 2018.
Measuring the long-term implications of a successful impact investment is hard enough. Measuring the social impact of a failure is even more complex. The challenge is even greater when the investment has been touted as a model and a catalyst for the much larger mobilization of capital required to drive systemic change. The latest Returns
- The regulars on our Returns on Investment podcast roundtable discuss why impact investing needs to become a popular movement, not an elite affectation.