Institutional Shift: Impact investing on the hot seat at global pension funds (podcast)

  • 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.

Global energy access is an impact investment even curmudgeons can love (podcast)

  • 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...

Beware cures for ‘impact-washing’ that may be worse than the disease (podcast)

  • 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.

Will ambitious global health strategy survive the Abraaj scandal? (podcast)

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