From ‘Nice to Have’ to ‘Need to Have’: The GIIN’s Kelly McCarthy discusses the growing momentum – and ongoing challenges – of impact assessment
IRIS Senior Manager Kelly McCarthy at the Global Impact Investing Network believes that “the impact investing community is embracing the value of social and environmental impact data, which is very encouraging.” McCarthy spoke about the momentum behind impact measurement, investors’ changing attitudes toward it, and the challenges of getting companies on board in the Q&A.
Most people don’t associate Department of Labor policy changes with excitement. But this week’s announcement of changes to the Employee Retirement Income Security Act (ERISA) has primed the impact investing movement to party like it’s 1994. We explore the move in this roundup, along with some inspiring words on what every social entrepreneur should ask themselves, and some critical points on business school ethics.
Heather Esper and Yaquta Kanchwala Fatehi of the William Davidson Institute say it's time to stop debating whether businesses should assess social, economic and/or environmental impact, and move on to a conversation about how to extract the most value. They even offer five core activities to accelerate that value.
The State of Assessment: Why the ‘assess or not’ debate continues and how we can move beyond it (Part 1 of 2)
Recent debate has focused on whether businesses should assess social, economic and/or environmental impact. How did we get stuck here? In this two-part series, Heather Esper and Yaquta Kanchwala Fatehi of the William Davidson Institute explore the evolution of assessment and how to move beyond the paralysis.
Impact Investing Goes to School: What researchers have learned about the sector – and how much they still don’t know
Cathy Clark, the founder and director of the i3 initiative, has been working at the crossroads of academic research and impact investing for over two decades. We caught up with her at last week's SOCAP15 conference to discuss where the field is heading, how it's being impacted by the academic world, and how much researchers still don't understand.
Watch the Replay of our Google Hangout with Clara Miller: We spoke with the F.B. Heron Foundation president in a live Q&A on Sept. 30
In June, the F.B. Heron Foundation announced that it was moving 100 percent of its assets into impact investments, aiming to complete the process by the end of 2017. On September 30, the foundation's president Clara Miller joined NextBillion for a live Google Hangout. We discussed Heron’s bold move – and the lessons it has learned from its efforts to align its capital with its mission. You can view the replay in this post.
NexThought Monday – How We Can Improve Ultra-Poor ‘Graduation’: The next generation of innovations required to end the most extreme poverty
There is no great innovation without skepticism, much less in the tireless crusade against global poverty. So it's no surprise that as the ultra-poor ‘graduation’ approach pioneered by BRAC has gained ground as a viable path out of extreme poverty, questions have emerged about its effectiveness and possible next steps.
- Impact Assessment
Three Pillars for Measuring Impact in Inclusive Financial Services: Apis Partners and Accion Frontier Investments Group publish a framework for impact investors
In seeking to ensure a social as well as financial return on their investments in inclusive financial services, Apis Partners and Accion Frontier Investments Group created a framework to capture these services' unique aspects of impact. This gave rise to three core categories which they believe any fund manager investing in inclusive financial services can use to measure impact.