by Annie McShiras, Investment Associate, Self-Help Federal Credit Union
Impact investing has emerged as a major force in philanthropy. Last year the Global Impact Investing Network conducted a survey showing that the estimated value of the impact investing sector doubled between 2017 and 2018, increasing from $114 Billion to $228 Billion in assets under management. The rise of impact investing signals a shift from a “do-no-harm” approach to a demand for investments that actively produce measurable positive social and environmental outcomes.
While difficult at the moment, the many conversations with my friends about money inspired me to explore a different path. Conversation after conversation, I started to chip away at what felt wrong about money, and we would talk about their “wish list” when it comes to finance. What came up again and again was the desire to feel smart about money decisions – “whatever I do should be easy to understand, available to all, convenient to do, and make me feel good and empowered.”
By Maxwell Roe Business Development, Clean Power USA
Over the last several years, I have realized that there has been a compelling shift in the minds of investors in our business.
Historically, most investors wanted to know the numbers. What would be the return on their investment and how soon would it happen? But more and more, I meet people who are asking about impact, not just dollars.
The momentum of that sea change hit home this spring when we met new investors, a couple. They were mission-driven. They wanted their money to have a measurable impact on the world.
By Will deHoo Founder & Executive Director, FoolProof Foundation and the Walter Cronkite Project
Walter Cronkite was the legendary CBS anchorman known as “The most trusted man in America.” In 2003, 84-year-old Walter took me, then 23-years-old, on the first of many spins on his sailing vessel, the Wyntje. We talked constantly while tacking our way through the mountain-bordered waters of the British Virgin Islands.
The Unstoppable Growth of Sustainable, Responsible and Impact Investing
by Lisa Woll, CEO, US SIF: The Forum for Sustainable and Responsible Investment
While offering the standard disclaimer that past performance is no guarantee of the future, I nevertheless offer some predictions for, and reflections about, the future of sustainable and impact investing.
Fintech innovation is continually addressing how to improve the way banks serve their customers. As technology shapes how we interact in our daily lives, Scotiabank is committed to collaborate with and seamlessly exceed the needs of their customers to make them better off. Identifying opportunities where fintech can be used to better serve our customers is at the core of Brad Roach’s position as Scotiabank’s Senior Fintech Specialist in Enterprise Innovation in Digital Banking.
'The sharing economy' is one of the hottest topics in the business world, but do we really understand what the term means? Ian Rand, CEO of Business Banking at Barclays, believes it’s time for a new definition based on mutual success and growth.
Banks have been on a long journey. It started more than 300 years ago in the coffee shops of Lombard Street when they began ‘matching’ suppliers with consumers, buyers with sellers, importers with exporters, and – crucially – those who had capital they wanted a return on, and those who wanted to use that capital.