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Walmart is considering an investment in Flipkart to better compete in India
The two have reportedly negotiated on and off over the last two years, which led Reuters to report on talks between them in September 2016. A stake as big as 20% could be quite expensive for Walmart, which may be an obstacle in coming to an agreement this time around, according to Reuters’ sources.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups
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Scientists develop sustainable investing framework
"Other frameworks for measuring corporate sustainability focus on how internal corporate production processes at the facility level support environmental integrity or human beneficiaries, but give limited guidance for assessing the longer-term impact of business practices," said Vörösmarty. "Our proposed framework relies on scientifically-based metrics to help investors evaluate how companies' actions, products and services support the environment and human well-being. Indeed, this is a new calculus for sustainable investing."
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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Press release: Mission Driven Finance Announces First $1M in Impact Investments
Mission Driven Finance was founded in 2016 by a seasoned team of San Diego finance and philanthropic leaders to tap into a growing trend of investors looking to drive financial returns and effect positive social change. The group’s initial “impact investments” are commercial loans that provide local community-minded borrowers access to critical capital up to $500,000 at rates that encourage success.
- Categories
- Investing
- Tags
- ESG, impact investing
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Press release: Social Impact Bonds reach global mass: 108 projects launched in 24 countries
The field has seen impressive growth since the first project was pioneered by Social Finance UK in 2010 in Peterborough, with a goal of reducing reoffending among short-sentenced prisoners, a chronic challenge in the UK criminal justice system. This summer it was announced that the Peterborough Social Impact Bond reduced reoffending by 9% and investors were repaid in full, with a 3% annualized return.
- Categories
- Investing
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New York’s Giant Pension Fund Doubles Climate-Smart Investment
The $2 billion boost was announced at the Investors Summit on Climate Risk, where top fund managers discussed finance for a low-carbon, clean energy future.
- Categories
- Environment, Investing
- Region
- North America
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Indonesia’s Fintech Lending Boom Exploits Shortfall in Bank Loans
The emergence of these peer-to-peer (P2P) lending platforms has so far been welcomed by Indonesia's financial regulators which see them as offering a much needed service to cash-strapped businesses and consumers at a time when Southeast Asia's biggest economy has been hobbled by sluggish bank lending.
- Region
- Asia Pacific
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Grameen America Celebrates 10 Years of Empowering Women through Microfinance as it Announces Foray into Impact Investing
Previously, Grameen America had been funded largely by traditional philanthropy and concessionary capital from foundations, charitable organizations, individual investors, and commercial lenders. The organization’s adoption of impact investing as an additional means of funding comes at a time when impact investing—defined by the Global Impact Investing Network as “investments made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return”—is on the rise.
- Categories
- Investing
- Region
- North America
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This Impact Investing Platform Was Set To Be A Game-Changer. So Why Did It Fail?
In order to scale, impact investing needs a platform that will make it easier for investors to connect with vehicles for their funds. ImpactUs promised to do that–but its failure shows that the space wasn’t quite as ripe for innovation as its founders had hoped.
- Categories
- Investing, Technology
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