Agency issue is a real problem. The outsourcing of responsibility by asset owners has become a hot topic. Surrounded by investment consultants allocating investments to boxes according to models, constrained by benchmarks and tracking errors. Deep consideration about ESG’s overall economic impact is still largely missing.
The global market, worth at least $77 billion at the end of 2015, has a “long way to go in terms of potential,” Amit Bouri
“We launched our impact assessment tool, which, for the first time, specifically addresses the needs of PE/VC firms to measure and report on the impact of their privately held portfolio companies. It does so in a way that is portal-based, efficient, robust, easy-to-use, inexpensive and requires no lengthy questionnaires to be filled out by fund managers or investees.”
The government should explore creating a new “benefit company” status in English law to make the most of the current wave of millennial entrepreneurs who are driven by a desire to make a positive difference to society.
For true social change to happen, we must welcome social entrepreneurs from all backgrounds, but universities simply can’t do that in their current form.
To achieve the SDGs in 2030, more money needs to be allocated to positive solutions for global challenges. Increased
participation of retail investors in SDG financing can help bridge this multi trillion-dollar gap.
The tricky part is that few tenured faculty have deep experience in this area of study, which requires blending conventional finance with social entrepreneurship tools and networks. With that in mind, what kind of programming, training, and support can we design—within the constructs of the traditional university model—to prepare students for careers in impact investing? What are the most important roles for universities in developing knowledge for this new strand of finance?
A global peer-to-peer network of asset owners who have intentionally committed 100% of their assets to positive social and/or environmental impact.