Not so much news floating around as summer fever grips but at least one story today…
A New Inning For Impact Investing
Jean Case – Forbes
For years, a nascent movement led by passionate pioneers out to change the world has been slowly but surely taking shape. Quietly, these early fearless leaders have been championing the idea that businesses can be a tool for social good, beyond the jobs that they create. Specifically, they’ve been building the movement for a new class of investors and entrepreneurs to lock arms and build companies that provide products and services that address daunting social challenges, and generate a financial return for investors. These companies are found in many sectors, including large markets such as education, energy, transportation and healthcare that are ripe for disruption.
It’s still early days. But as I’ve observed the incredible traction and momentum in the impact investing movement over the last 12 months, at this time of year, I can’t help but be drawn to a baseball analogy. From my perspective, the impact investing movement has until recently been in spring training. As we look at how the movement has advanced particularly in the past 12 months, I do know that the regular season is now well underway – and while we may still be playing the early innings, a game is now in progress, and it has been a remarkable year of early home runs.