Calvert Foundation will become Calvert Impact Capital

The rebranding is intended to bolster the firm’s ability to attract capital from institutional and other investors, by eliminating confusion around the term “foundation,” CEO Jenn Pryce said. That term created a misperception that the non-profit financial-services firm was focused on philanthropy “rather than investments,” she said. The Bethesda, Md., firm is known for its Community Investment

Women startup founders in India, $100M Rise of the Rest fund, scaling OPIC, economic toll of…

Greetings, ImpactAlpha readers! #Featured: ImpactAlpha Original Four women defying the odds among India’s male-dominated startups. In their “locker-room conversations,” women entrepreneurs in India share stories about how they are not taken seriously in meetings with male counterparts. Increasingly, there are also stories of men and women working together to combat such attitudes. Mayukhini Pande, a

Can businesses profitably serve the poorest of the poor?

Can businesses profitably serve the poorest of the poor? A new study, “Reaching Deep in Low-income Markets,” suggests yes. The study dug into the experience of 20 enterprises delivering basic services such as power, sanitation, health care, housing and education to customers at the bottom of the economic pyramid (those living on less than $2.50 a

A North American carbon-trading market?

The North American Free Trade Agreement may be in trouble, but California, Quebec, Ontario and now Mexico are working together on a different type of trading: carbon. California launched a carbon cap-and-trade market in 2013. A year later, the state partnered with the Canadian province of Quebec to link their carbon markets. Ontario has agreed to

Think different to tap the $12 trillion sustainability market

“Responsible” business is no longer a cost center, say authors John Elkington and Richard Roberts, but an opportunity to unlock $12 trillion a year in value by 2030. The two have introduced a set of Steve Jobsian “imperatives,” to help investors and business leaders tap growth sectors including low-income food markets, public transport in urban areas,

Universal Ownership: The supertankers of global finance are shifting course

They are the opposite of day-traders. They hold the sovereign wealth of their countries, the life savings of their pensioners. They are entrusted to manage the capital for their stakeholders, for the long-term. And they are so large, so invested in every industry and every geography, that they have no escape from the escalating dislocations

Standard Life Investments launches equity fund aligned with the global goals

2030 The company’s Global Equity Impact Fund will manage a portfolio of 35 to 60 stocks aligned with the Sustainable Development Goals PC: Financial Times The Edinburgh, Scotland-based investment company’s Global Equity Impact Fund will manage a portfolio of 35 to 60 stocks aligned with the Sustainable Development Goals. The 2030 goals offer “a common