Tuesday, November 17, 2015
Rockefeller Foundation, J.P. Morgan Chase and Goldman Sachs Noted As Supporters of Impact Investing
There is a growing realization that, along with government aid and charitable philanthropy, financial institutions can help solve some of the world’s social problems. Over the past decade, there has been significant growth in socially responsible investing. Just as the formation of the venture capital industry ushered a new approach to funding the private sector, impact investing is attempted to harness the finance industry to bring social improvements.
Ideally, impact investments delivers something good for humanity while generating a financial return with limited downside risk. As socially responsible investing continues to grow, investors have flocked to companies and assets that hold similar values to themselves. This can include investments towards climate change, alleviating poverty, increasing education or anything which makes progressive social strides. Traditionally, responsible investing avoided stocks which promoted vices such as tobacco and alcohol. However, as the industry has evolved, financial institutions have created funds which now actively promote and track sustainable practices. . .