As we look back on 2010, we would like to take this opportunity to thank you for your interest in our activities and share with you our progress to date and our plans for the upcoming months. During 2010, we have transformed our vision into reality. The investment platform launched successfully in July and our membership of accredited investors and companies offering double and triple bottom line investments has been growing steadily. We are grateful for your support, encouragement, and partnership.
Lately, I have found that unusual conversations are occurring in unexpected places. For example, the Community Affairs staff at the Federal Reserve Bank of Boston hosted a roundtable event this week on “Financing Disability Housing in New England”.
Each week Emerging Markets ESG publishes an interview entitled, “Five Questions about SRI” The interview features a practitioner’s insights about SRI in emerging markets and through Emerging Markets ESG shares this expertise with a wide global audience. The goals of Five Questions about SRI are fourfold:
The world needs some changes. Quite a few actually. As I go through my day, I often think about the food that I eat, the vehicles that get me where I need to go, the buildings I work and live in, and the wide variety of products I use. I ask myself, “How much of this is truly sustainable?” The answer is frighteningly few. When you consider that even “organic” fruits and vegetables come from miles (or countries) away, even the best products and services seem to be part of the problem and too few are part of the solution. Although this point of view may seem somewhat depressing, I am a
An Investment News article entitled "Impact Investing is poised to experience growth surge" discusses the Mission Markets Platform and Impact Assets Global 50, an organization that introduces foundations and asset managers to opportunities in the impact-investing space. According to Ron Cordes, founder of Impact Assets Global 50, Mission Markets will serve as a resource for the asset managers on his platform. Here is a quote from the article:
Mission Markets was featured in an article in Axiom news discussing the emergence of the new impact investing asset class and the recently released J.P. Morgan report. Mission Markets is creating the essential infrastructure necessary to scale the social and environmental markets discussed in the report. Check out the article here!
Okay -- just to get the facts out of the way first -- I have practiced law since 1979, put in 25+ years at super-large and large firms. In 2002, I was asked to put together the first microfinance-backed CDO. I knew CDOs, I didnt know microfinance. Nine years later I can say pretty much the opposite. I witnessed and was (I like to believe) a significant part of the birth of microfinance as an investable capital markets asset, and in many ways the forerunner of many other business models that will tend to help improve the world -- what we wonderfully call today impact investments.
Impact Investments: An emerging asset class, is a new report put together by Social Finance at J.P. Morgan and The Rockefeller Foundation, in partnership with the Global Impact Investment Network. This report suggests that impact investing will establish itself as an important investment movement over the coming years.