More making a pact to invest for impact

Make a difference or make money? Impact investors believe that positive change, lifting poverty and inequality can also be profitable

Impact investing is catching on, even as the pandemic has caused greater poverty, unequal access to healthcare and climate risks.

Impact investors, part of the wider sustainable investing universe, actively direct capital to ventures likely to make both measurable social or environmental impact and profits — ones that deliver a “double bottom line”.

The Global Impact Investing Network (GIIN), a non-profit focused on raising the scale and effectiveness of impact investing, says impact investments are defined by elements such as: a clear intention to create positive social or environmental impact; an expectation of financial return across asset classes; and a commitment to measuring and reporting the impact made.

Source: The Strait Times
Written by: Teh Shi Ning