EP.03 Benefit corporation
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Description
About 10 years have passed since JP Morgan and the Rockefeller Foundation coined the term, Impact Investing. Since then, impact investments have taken a long and important journey. Today, they...
show moreSince then, impact investments have taken a long and important journey. Today, they represent an effective tool to improve the socio-economic conditions of the communities, playing an important role in the collaboration between the public and private sectors.
From this point of view, Impact Investing can be considered a new frontier of sustainable finance and a real factor of change for the future of the world economy.
A new model of economy driven by a more harmonious logic of redistribution of wealth within the economic and social systems.
To better understand what we talk about when we talk about Impact Investing, it is good to refer to the definition Cambridge Associates and GIIN (Global Impact Investing Network) give of it: "They are investments made in companies, organizations and funds with the aim of generating a social or environmental impact that is measurable and favorable alongside, or in place of, a financial return."
The change of perspective is clear. No more searching for profit for its own sake or for generating other profitable activities. Rather, having a positive impact on the living conditions of a community.
Information
Author | Alberto Boin |
Organization | Alberto Boin |
Website | - |
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