When President Trump recently announced that the US was pulling out of the Paris Climate Accord, over 100 major US businesses announced their intention to continue their efforts to address climate change. This is a prime example of how companies are responding to stakeholder pressure by developing new approaches and taking a stronger role in addressing complex social issues. Continue reading
With the rhetoric around impact investing reaching new heights, foundations and
nonprofits would do well to keep the following in mind: Similar to grants, or different forms of non-grantmaking support, impact investing is but one tool in the social impact toolbox.
Just as there are ineffective grants and poorly chosen traditional investments, there are poorly conceived and executed impact investments. On the other hand, when they are planned strategically and executed competently, impact investments can have enormous value and deliver a scale of social impact that may be difficult to achieve, or sustain, with other tools. Continue reading