Collaborative Capitalism and the Rise of Impact Investing E-Book

Cathy Clark

• Herausgeber: John Wiley & Sons
• Kategorie: Geisteswissenschaft
• Sprache: Englisch

Veröffentlichungsjahr: 2014

Beschreibung

Investing with the explicit goal of creating financial returns alongside measurable social and environmental benefits is catching fire. Wall Street's biggest players are rushing to provide clients with access to new impact investing options, amid growing consumer demand and evidence that the approach can be successfully executed. Recent research on outstanding impact investing funds has revealed a mature practice, vibrant with commercial investors, providing stable, predictable returns to their investors as well as supporting the creation of millions of jobs and other tangible outcomes in markets overlooked by traditional asset managers.

And yet, the individuals and organizations committed to impact investing are just the tip of the iceberg in a larger movement. This includes the growing field of social enterprise, where market-based solutions can go beyond what government and philanthropy can do to directly address society's problems. And it includes institutional investors who have utilized impact screens and shareholder activism as a risk reduction strategy over the past 30 years.

Collaborative Capitalism and the Rise of Impact Investing sees these movements as signs of a much more fundamental shift, as finance as a whole responds to an increased consumer demand for market transparency—the need to know exactly what we are buying, where and how it was made, and who it affects. By putting a lens on the underlying practices that bridge impact investing and risk mitigation finance, the book outlines the transformation in finance itself, driven by more cross-sector, transparent relationships in the service of creating long-term value for multiple stakeholders, not just shareholders.

Leseprobe

Contents

Chapter 1: Introduction

Notes

Chapter 2: Investing in Business as a Force for Good

The New Fiduciaries: Millennials and Entrepreneurs in the Lead

Notes

Chapter 3: Plain Good (Impact) Investing

Notes

Chapter 4: The Integrated Institutional Response Takes Shape

Philanthropy Weighs In

Banking New Markets

The Business Case for Impact

Notes

Chapter 5: From First Principles Comes Impact Investing

Transparency

Outcomes Orientation

Attention to Constituency

Innovations in Purchasing Outcomes

Engaging Community Stakeholders

Because Clients Want It

Notes

About the Authors

End User License Agreement

List of Illustrations

Figure 1. Collaborative Capitalism

Figure 2. Primary Purpose of Business According to the Millennial Generation

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Guide

Cover

Table of Contents

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Also by the Authors

Impact Investing: Transforming How We Make Money While Making a Difference, by Antony Bugg-Levine and Jed Emerson

The Impact Investor: Lessons in Leadership and Strategy for Collaborative Capitalism, by Cathy Clark, Jed Emerson, and Ben Thornley (coming fall 2014)

“Millennials Take a Stand for Impact Investing” (video). Ian Simmons and Liesel Pritzker Simmons talk about how the great recession changed everything, and why they are investing with purpose.

“A Social Entrepreneur’s Local Vision” (video). The Nia Foundation’s Kristin Hull on how the newly created Berkeley Hub is having a huge impact on driving innovation and change in her community.

“Impacting the World’s Largest Pension Funds” (video). Janine Guillot, former chief operating investment officer of California’s public pension fund, discusses the importance of long-term investment strategies.