Community-based investment can be a great way to raise money and build support for your venture. And there are new options for entrepreneurs choosing this capital-raising path, such as investment crowdfunding. With the right team in place, community-based investment can be relatively user-friendly and easy to understand, but it still involves asking people to take real […]
Catapulta 2015: A Springboard for Mavericks
The multifaceted event known as Catapulta has grown organically from a loose gathering of creatives in the capital of the Mexican state of Oaxaca. This summer’s third convening, held in the spacious art and cultural space known as La Calera and a downtown cultural center, showed it has stayed true to its roots. The “Festival […]
ADAP Associates: A Millennial Opportunity to Drive Capital to Where It’s Needed Most
When I first heard people making generalizations about “millennials,” I realized that I was, indeed, in that category. I embraced what I had learned as a philosophy major . “Know thyself” – or, myself as the case may be. What I learned was spot-on. Millennials, are intrigued and motivated by the potential and the power […]
Sustainalytics and Morningstar Partner to Launch First ESG Scores for Funds
(3BL Media/Justmeans) – Investors are placing increasing importance on environmental, social and governance (ESG) policies and practices. Earlier this year, a Morgan Stanley Institute for Sustainable Investing study showed that 71 percent of individual investors are keen on sustainable investing. The number of financial institutions that have signed the UN-supported Principles for Responsible Investment (PRI) […]
Accion, Leapfrog and Lok Invest $25M in IFMR Holdings in India
From The Mint: Mumbai–Financial inclusion service provider IFMR Holdings Pvt Ltd. said on Thursday it has raised $25 million in equity from Accion International, LeapFrog Investments and impact investment fund Lok Capital. Accion is investing $12.5 million of the total, LeapFrog Investments $9 million and Lok Capital $3.5 million. The company provides access to finance […]
RSF Social Finance Makes a Loan to Hudson Valley Harvest
SAN FRANCISCO, August 14, 2015 /3BL Media/ – RSF Social Finance (RSF) is pleased to announce a new PRI loan to Hudson Valley Harvest (HVH), a food hub providing timely and efficient distribution services that connect small and medium sized farmers in upstate New York with wholesale food buyers in New York City. RSF provided a line […]
Report Details Impact Investment Opportunities in East Africa
By Robert Kropp. The Global Impact Investing Network and Open Capital Advisors publish a country by country analysis of impact investing activity in the region.
Join ImpactAlpha at SOCAP15: 21st Century Talent, Neighborhood Economics and Sustainable Supply Chains
ImpactAlpha is excited to again be a media sponsor of SOCAP, the annual gathering of the Social Capital Markets community. For the eighth year in a row, SOCAP15 will convene leading impact investors, world-class entrepreneurs, and innovative cross-sector practitioners for three full days of networking and engaging content. Last year’s sold out-event gathered more than 2,200 […]
RSF’s New Funds for Soil Health, Biodynamic Ag, Fair Trade and Women-Led Businesses
Philanthropic funders are working to close the funding gap for social startups with a new mix of flexible investment tools. RSF Social Finance, for example, plans to launch four new funds focused on fair trade, biodynamics, soil health, and women. The new funds are modeled after RSF’s Local Initiatives Fund, which was launched in 2012 to […]
East Africa: An Impact Investing Hot Spot, Dominated by Development Banks
Entrepreneurship was top of President Obama’s agenda during his recent trip to East Africa. But as he noted in his keynote address at the 2015 Global Entrepreneurship Summit in Nairobi, “This is still a neglected market, and accessing capital for entrepreneurs here is still too hard.” One group trying to change that: impact investors. A new report […]
VilCap Investments: New $13.2M Fund Doubles Down on Peer-Selected Investments
Village Capital has relied on peer selection to build one of the most productive accelerator programs in the impact investing marketplace. In six years, “Vilcap” has launched more than 35 accelerator programs on five continents, investing $2 million in 55 early-stage companies. Entrepreneurs chose every investment. Now Ross Baird, Village Capital’s executive director, is taking peer selection to the big, […]
Investment Losses from Climate Change to Be in Trillions, Report States
By Robert Kropp. The Economist Intelligence Unit warns that $4.2 trillion in assets could be at risk, with losses exponentially greater for every increase in global temperature.
Sustainable Investors Praise Obama’s Clean Power Plan
By Robert Kropp. The Plan, which will reduce carbon emissions from the power sector by 32% below 2005 levels in 2030, is praised by Mindy Lubber of Ceres as a blueprint for the low carbon transition.
Forums: Join the Conversation Now
Join the conversation The Invest With Values discussion forums will connect you to investors with similar interests and values. Four public discussion forums currently include: General Money and Values Local & Community Investing Private Funds and Impact Investing Publicly Traded and Socially Responsible Investing These online forums are devoted to the possibilities of aligning money and values. Registered […]
How Much Would You Pay for a Can of Tuna?
For decades, the five-ounce can of tuna fish has been the 99¢ pantry essential that U.S. families turned to for a quick sandwich or last-minute meal. Now, a new crew of tuna distributors, including Wild Planet, American Tuna and Ocean Naturals, is breaking the price barrier with brands that promise both sustainability and flavor. That […]
Impact Investments can Bridge $2.5 Trillion Annual Gap for Development
by Vikas Vij SOURCE: Justmeans DESCRIPTION: Investments that have a social or environmental benefit have grown substantially in the last few years. A recent report from the Washington-based Forum for Sustainable and Responsible Investment said that socially responsible investment assets in the U.S. stood at $7 trillion in 2014, registering an increase of 76 percent […]
As Maine’s Waters Warm, a Seafood Investor Fosters Climate Resiliency
An invasion of green crabs. Plummeting populations of northern shrimp and cod. Shifting seasons for lobster, the anchor of Maine’s $585 million fishing economy. Stretching from Cape Cod to southern Nova Scotia, the Gulf of Maine is among the fastest-warming oceans in the world, a living laboratory for the effects of climate change on marine […]
User-Generated Conference: Some of Our Picks for SOCAP15
ImpactAlpha is excited to again be a media sponsor of SOCAP, the annual gathering of the Social Capital Markets community. SOCAP 15 kicks off a little later than usual, and runs October 6-9 at Fort Mason Center in San Francisco. We’re particularly looking forward to the 30 sessions that emerged from SOCAP Open — the […]
Crowdfunding Boosts Community Share Offerings For Local Pubs And Football Clubs
Earlier this month, a media publication called Positive News concluded a 30-day crowdfunding campaign on Crowdfunder.co.uk, the largest rewards-based platform in the U.K. But the 1,500 or so readers, journalists and supporters that together committed £263,422 to the project got something more than rewards: they got ownership. Positive News is the first business to raise […]
EIRIS Compiles Database of Companies Doing Business in Crimea and Palestine
By Robert Kropp. The EIRIS Foundation releases an online database of companies in Crimea and Palestine, providing for investors and other stakeholders objective and independent research about corporate activity in occupied territories.
Impact Investments can Bridge $2.5 Trillion Annual Gap for Development
(3BL Media/Justmeans) – Investments that have a social or environmental benefit have grown substantially in the last few years. A recent report from the Washington-based Forum for Sustainable and Responsible Investment said that socially responsible investment assets in the U.S. stood at $7 trillion in 2014, registering an increase of 76 percent over 2012. A […]
“Taste of Kiva Zip”
Impact Hub NYC Launches SOCAP-Themed Programming with “Taste of Kiva Zip” Event Expanded Financial Inclusion Opportunities for US-based Social Enterprises WHO Impact Hub NYC, a shared coworking and events space for a global membership community of entrepreneurs, activists, creatives, and professionals taking action to drive positive social and environmental change. Kiva Zip, part of the […]
Community Wealth: Building the Field, Building a Movement
Over the last decade, Steve Dubb of The Democracy Collaborative has seen incredible shifts in the work being done around North America building community wealth and economic systems that work for more people. In this first part of a two-part series, learn more about Steve’s journey to this work in Localism and social justice and […]
Rankings of 2014 Corporate Social Responsibility Reports Are Published
By Robert Kropp. Baruch College’s Weissman Center for International Business analyzes corporate social responsibility reporting from the largest US and international companies, and publishes an online ranking that allows investors and other stakeholders to review the quality of CSR reports.
RSF Social Finance Purchases $9 Million in Solar Bonds from SolarCity
San Franscisco, July 23, 2015 /3BL Media/ — RSF Social Finance (RSF) is pleased to announce that it has purchased $9 million in solar bonds from clean energy leader SolarCity, which launched its public bond offering to individual consumers in October. The investment in SolarCity solar bonds is a strong strategic match with RSF’s mission of transforming […]
eMoneyPool: Bringing #Fintech to a Centuries-Old Savings Tool
A cundina in Mexico. A chit fund in India. A sou sou in West African and Caribbean nations. Informal savings pools, around for centuries, are still the preferred savings tool of billions of low-income people around the world. Savings circles are common in another country with a large unbanked population as well — the United States. Phoenix-based […]
Oil Industry Payments to Governments Still Lack Transparency
By Robert Kropp. Five years after passage of Dodd-Frank, a report by Oxfam America finds that payments by the US industry to developing nations lack the transparency to ensure that governments are using them for the benefit of citizens.
Behind the Impact Benchmark: Q & A with GIIN and Cambridge Associates
Impact investors are a tough crowd. For years, proponents have called for more data on impact fund performance and comparable returns to give investors better visibility into the real results of investments intended to generate social and environmental as well as financial benefits. But no sooner had the Global Impact Investing Network and Cambridge Associates released […]
List of Trillium’s 2014-2015 Proxy Votes Available for Download
JULY 22, 2015: Each year, companies seek votes from shareholders on items that are pending on their annual proxy ballots, ranging from the approval of boards of directors to shareholder proposals on social and environmental issues like those we file every year. At Trillium, we take that voting very seriously. You can download a list […]
Lending for African Farming: Financing the Other 90 Percent of Smallholder Agriculture
Social lenders such as Root Capital have pioneered financing for smallholder producers of export crops like coffee, cocoa, and tea. Now, Root is seeking to help build agricultural businesses that serve local staple crop markets as well — a financing market that may be 10 times as big. Root, together with Germany’s KfW Development Bank and agriculture […]
Congressional Inaction Threatens a Vital Source of Small Business Funding: SBA Loans
Brayden McCarthy is head of policy and advocacy at Fundera and was formerly senior economic policy advisor in the Obama White House and SBA. Patrick Kelley is a vice president at Live Oak Bank and was previously deputy chief of staff at SBA. In this opinion piece, they lay out the argument for raising the lending limit for SBA […]
Who’s the Next Impact Target After Goldman Sachs Snaps Up Imprint Capital?
Goldman Sachs’ move to buy San Francisco-based Imprint Capital has the small community of impact investment asset managers and dealmakers buzzing about who might next be asked to dance by a Wall Street suitor Goldman’s move to buy, rather than build, its impact investing capacity for high-net-worth and institutional clients may prod other wealth-management giants […]
Public Offerings of Private Securities Are Gaining Momentum, Says a New Report
Wealthy investors continue to pour money into crowdfunded securities, with capital commitments for Title II offerings rising nearly 18 percent in the second quarter of 2015. The number of deals grew more slowly though, at just under 5 percent, as companies assessed a shifting regulatory landscape. Investors are gobbling up technology, services and real estate […]
Public Offerings of Private Securities Are Gaining Momentum, Says a New Report
Wealthy investors continue to pour money into crowdfunded securities, with capital commitments for Title II offerings rising nearly 18 percent in the second quarter of 2015. The number of deals grew more slowly though, at just under 5 percent, as companies assessed a shifting regulatory landscape. Investors are gobbling up technology, services and real estate […]
Watch It Again: Scaling the Development of Worker-Owned Cooperatives
July 16, Hilary Abell, Andrew Delmonte, and Steve Dubb shared insights into how developing cooperatives — and building the ecosystem to help them succeed — is an invaluable tool in community and economic development. Learn how to build the capacity for this model within your community, how to train those creating or converting to shared ownership, […]
EIRIS Foundation Launches Database of Companies Doing Business in Occupied Lands
Today, building on its 30-year history of providing free and objective information on ethical finance and corporate activity to the public, the EIRIS Foundation announced the release of a new online database of companies in Crimea and Palestine. For the first time, businesses, civil society, media and the investor community will have access to objective […]
Social Investors vs. Social Businesses: Who will win the struggle for the future of SRI investing?
We all like to talk about how the social, responsible and impact (SRI) investing sector is growing—and current research indicates that it is flourishing, with more capital and a wider range of investors now entering the field. All that is good—and it’s what we’ve all be working for. Yet if there’s one thing experience has […]
Rule of Law: Enabling Social Finance and Sustainable Development
Sustainable development has reached a critical milestone. The United Nations (UN) is moving toward ratifying the Sustainable Development Goals (SDGs) – 17 overarching goals that will replace the Millennium Development Goals due to expire this year that will set the global stage and norms for development from 2016 to 2030. So where will the funding […]
Impact Investing Scores $60B in Sustainable Assets – The Minute
Activity in the financial sector defined as responsible investing or socially responsible investing, has gotten a new term to fit a fast-growing, related practice: impact investing. Impact investing describes efforts that provide a return on investment while focusing on social and environmental issues. Criteria for the projected profitable outcomes of targeting such issues are an […]
Trillium’s 2015 UN Principles for Responsible Investment Report is Available
JULY 13, 2015: Trillium Asset Management is a signatory of the United Nations-supported Principles for Responsible Investment (PRI) Initiative, which is an international network of investors working together to put the Principles for Responsible Investment into practice. Its goal is to understand the implications of sustainability for investors and support signatories to incorporate these issues […]
Green Bond Investments Reach $600 Billion
By Robert Kropp. The fourth edition of Bonds and Climate Change, published by the Climate Bonds Initiative, reports that 70% of climate-aligned bonds are invested in low-carbon transport, while another 20% focus on clean energy.
What is Social Finance?
Sustainable development is increasingly on the front page – from growing demand for green bonds to the need for reliable power in sub-Saharan Africa – and a confluence of environmental, social and governance (ESG) trends are rapidly reshaping the global economy. We’re at an inflection point right now. Interconnected and complex global environmental, social and […]
ESG Risks and Opportunities in Affordable Housing Investments
The PRI’s Fixed Income Case Study series highlights examples of interesting and innovative approaches to responsible investment. Written by fixed income practitioners from around the world, the case studies cover topics such as integrating ESG, negative and positive screening, thematic investment and engagement. WHY DO ESG ISSUES MATTER FOR AFFORDABLE HOUSING? The investment opportunity of […]
Corporate Human Rights Benchmark Publishes Draft of Key Performance Indicators
By Robert Kropp. The Benchmark publishes two documents about which it seeks input: a framework for multi-stakeholder consultations, and a draft list of key performance indicators.
Consumer Goods Companies Commit to Halving Food Waste
By Robert Kropp. Four hundred corporate members of the Consumer Goods Forum commit to a sustainability program that includes halving food waste within their operations by 2025.
The Opportunities and Challenges of Legislating Corporate Social Responsibility
Legislating Social Good Recent studies have shown that many companies are giving more generously to social causes than ever before. Some, like Unilever, Coca-Cola, GSK, and others, have begun to champion the notion that social and financial profit can be achieved simultaneously. But even the most progressive companies often sideline social investment and corporate social […]
Vexed!
Last week Goldman Sachs announced it would enter the consumer lending business. Up to now, it’s never really bothered with the hoi polloi – you know, people who work for a living and turn to unsecured loans to make ends meet. Ever since it was founded in 1869, Goldman’s business has focused for the most part […]
Investors Applaud General Mills’ Improved Policies to Protect Bees from Pesticides
JULY 8, 2015: Following engagement with investors and advocates, General Mills has become the first major packaged foods company to improve policies to protect bees and other pollinators from the impacts of pesticides. A shareholder resolution filed by investor advocacy non-profit As You Sow and Clean Yield Asset Management was withdrawn after the company agreed […]
Investors Support White House Plan to Cut Methane Emissions
By Robert Kropp. The Obama Administration proposes to reduce methane emissions from the oil and gas industry by at least 45% by 2025, and investors coordinated by Ceres and Trillium Asset Management issue a statement expressing their support.
Why Policy Change is the Only Way to Open Impact Investing Floodgates
Bain Capital and Blackrock have created dedicated impact practices. High net-worth individuals and family offices are gathering to share deals, ideas and experiences. Foundations are sharing best practices. And yet, the amount of dollars invested in real projects and actual businesses is still a minuscule percentage of all invested capital. What’s holding us back?
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