social impact

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Why the next gen’s appetite for social impact is soaring

Young people today are growing up in an increasingly interconnected and borderless world. This lets them explore the world outside their own and connect to the problems that surround them. In recent months, we’ve seen the proliferation of networking groups, societies and advisory ventures dedicated to impact causes. At the same time, the next generation

The new impact modeling approach that will change the way you think about social impact

The social impact space has come a long way since its founding. Academics and practitioners alike have fought for position on the for-profit -to- nonprofit spectrum, and distinction within the charitable -to- concessionary-returns -to- market-rate-returns spectrum. We’ve seen an evolution of its popularity as distinctions between doing well and doing good have dissolved. However, to

Treat Social Risk Like Any Other Risk to Avoid Business Disruptions

The ramp speed of business-disrupting social issues has accelerated in 2019. Mother’s Day triggered a backlash for Nike’s policy of reducing pay for some sponsored female athletes while pregnant, extending the criticisms and litigation on its gender equity issues. And, in Silicon Valley the modus operandi for many has been to build scale and worry later about social impact. This has

Why Social Impact is a C-Suite Issue

Solving the most pressing issues of our time has a colossal price tag. Today, the global impact investing market has reached $502 billion – which is excellent – but that’s nowhere near the $5 to $7 trillion that’s needed to achieve the United Nations’ 17 Sustainable Development Goals over the coming decade. Whether it’s feeding the 821 million undernourished

Social impact is new bottom line

Impact investing is a further evolution of the integration of environmental, social and governance (ESG) factors into investment strategies alongside an overriding desire to ‘do good’ by delivering a social and total return. Although impact investing has to date largely been seen outside the real estate asset class, institutional and private investors are increasingly looking at

Are Investors Finally Starting To Care About Social Impact?

In the investing world, there's always a hot new narrative. The narrative typically takes the form of an innovative product, a sector rotation or an "inevitable" theme. One narrative that I've been particularly interested in for the past couple of years is that of ESG investing. Environmental, Social and Governance (ESG) is the discipline of

Social enterprise is the solution we need right now

For all the negative and pessimistic news out there, there is a lot of good being done in the world which can serve as a source of hope. One sector which is on the rise and working to create solutions to many of our world’s greatest challenges is that of social enterprises. Social enterprises are

Should you “internationalise” your social enterprise?

In 2015 Samuel Kalika was looking to set up a creative project in Portugal. But his idea “completely tilted”, he says, when he arrived and saw the extent of poor-quality housing in the country, contributing to high mortality rates in winter. Today, he’s the founder and director of Critical Concrete, a company that researches and educates on sustainable

Advisors, Not Their Clients, Should Lead on ESG Investing

How popular is ESG-themed investing? It’s estimated that over $20 trillion is invested in assets because of their favored for their environmental, social and/or governance (ESG) characteristics, including over $8 trillion in the U.S. Here’s another indicator of the growing interest in ESG investment: This year’s Sustainable Investing Conference sponsored by Gitterman Wealth Management had

How #Goodtech Can Help Brands Change The World For The Better

We are living in an era of purpose-driven brands championing social impact: but how does a brand go beyond a tear-jerking TV ad to create sustainable positive change? One of the biggest paradoxes brands often face in tackling this problem is scale vs. impact. Advertising provides scale but little tangible social impact (beyond helping to

5 Reasons Social Responsibility Is a Step in the Right Direction for Small Business

The business terrain is one that changes much faster than most -- basically because the way business is done evolves based on cultural changes, changes in technology and even generational changes. It's safe to say that at all times, at least one of these things is changing. We are in the era of giving back and

IDEAS Global Challenge rewards inventions with social impact

Ten student teams with inventions to improve people’s lives worldwide — from portable ventilators for resource-strapped hospitals, to wheelchair cushions that prevent sores, to multipurpose sleeping bags for refugees — on Saturday split awards totaling $92,500 at the annual MIT IDEAS Global Challenge showcase and awards ceremony. Grand prize winner of $15,000 went to Umbulizer, a

The Right Way for Companies to Publicize Their Social Responsibility Efforts

“Why don’t we get credit for all the good things we do?” the CEO of a major global corporation asked me recently. After all, the company has innovative and impactful programs to ensure safe working conditions; training programs to help low-wage workers in its supply chain increase their earnings; numerous environmental initiatives to reduce its

Captalism’s new formula: Capital + Purpose = Social impact

The impact investing movement can create history so that our children and grand-children proudly ask "what went right?"instead of "what went wrong?" Maybe it will help us forget that perhaps man's greatest invention, money, ever became man's greatest malady. With impact investing, some of the things we could change can include the social injustice meted

#MeToo spurs investors to move money to companies that support women

In a recent client meeting, financial advisor Stephen Rischall got asked about how to invest in companies that support gender equality and women's issues in the workplace. Think of it as a #MeToo moment. "The client said that because of the attention on the #MeToo movement and the power behind it, he wanted to invest,"

Demystifying social entrepreneurship—a data-driven approach

The rich textual data contained in years worth of fellowship applications provides a unique opportunity to analyze the pool of applications and perhaps gain insights into trends and what makes applicants successful in achieving social impact. We believe such insights could help the broader community of social entrepreneurs to better direct their efforts and magnify

2018-01-29T13:07:26-06:00Tags: |

Defining Social Innovation

How Social Innovation Differs From Social Entrepreneurship Although social entrepreneurship has become a popular rallying point for those trying to improve the world, social change can happen outside of them. As a matter of fact, solutions have historically come from the nonprofit, private, and government sectors. The concept of social innovation focuses attention on the ideas

2018-01-15T07:43:45-06:00Tags: |

Entrepreneurs Want To Change The World More Than Ever

More “elite entrepreneurs” around the world consider making a positive impact on the world a central feature of what they do in business, sometimes almost as important as breaking even, particularly when Millennials are concerned, a global survey of high- and ultra-high net worth entrepreneurs by BNP Paribas Wealth Management has found. The French bank’s Global Enterprise

What advisers should know about impact investing

The official definition of impact investing provided by the Global Impact Investing Network (GIIN), is “investment that is made into companies, organisations, and funds with the intention to generate social and environmental impact alongside a financial return.” An impact investment should be an investment, as opposed to a grant, but it is this explicit ‘intentionality’

Shared Value – how business is stepping up

From rising inequality to climate change, smart business models are helping share the load of finding sustainable solutions to today’s complex social challenges, leading innovators say. Customers and employees increasingly expect companies to make a positive impact on the community as well as the bottom line. When they meet these two needs simultaneously, they hit