by Sean Tennerson, Program Officer, The Case Foundation
For those of you who know the Case Foundation, we’re bullish on the impact investing movement and the power of private capital for public good. While still a relatively small market, impact investments are surging, with some seeing a trillion-dollar market potential by 2020. Against that context, we do a lot of thinking about what is standing in the way of tipping significantly more interested investors to activated investors.
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 integrated component of the investment process. RI or SRI also includes negative criteria as part of its decision making.
Cisco, Enactus, and the Caterpillar Foundation join +SocialGood. Inaugural class of Global +SocialGood Advisors and Connectors announced.
Washington, D.C., August 27, 2013 /3BL Media/ - +SocialGood today announced new partnerships with the Caterpillar Foundation, Cisco, and Enactus.
The new +SocialGood partners will provide strategic support to +SocialGood; a global community movement made up of innovators, social entrepreneurs, and thought leaders from more than 120 countries around the world working together to accelerate positive social change through technology and social media.
I’ve long been a believer that the corporate sector has the potential to play a key—indeed, essential—role in addressing complex social problems. As creators of new products and markets, companies play a vital role in our nation’s success, creating jobs and ensuring our competitiveness. But the corporate role doesn’t stop there. Companies also play a critical role in the development of communities, and in tackling social challenges.