The five-year-old non-profit led by Laura Callanan has made the business case for investments in the creative economy, which in the U.S. amount to $878 billion.
Ubben is leaving ValueAct to launch Inclusive Capital Partners with investor Lynn Forester de Rothschild, who also runs the Coalition for Inclusive Capitalism.
As interest in impact and sustainable investing grows, so too does the recognition that such strategies can outperform, mitigate risk and be resilient in a crisis. That puts a premium on the type of evidence-based practices the Moskowitz Prize has been celebrating for 25 years.
“The COVID crisis exposed and accelerated the urgent need for a real form of shareholder capitalism.”
The Vatican's call last week urging Catholic congregations to divest from fossil fuels came in a 225-page manual meant to provide practical steps for implementing Pope Francis’ 2015 encyclical on climate change.
“We recognize that the investor community has contributed to, and benefited from, racist systems and the entrenchment of white supremacy,” reads a Racial Justice Investing Coalition pledge.
“Working through CDFIs is really vital to bridging the gap” for access to capital, says Google's Ruth Porat.