Australia Launches its First Live Impact Investing Database
Tuesday, September 19, 2017
The site collates basic information about current deals in the impact investing ecosystem, outlining the forecast financial return and social impact of an investment.
With newly developed business models highlighting the profitability of making a social or environmental difference, the Australian impact investment sector is growing and estimated to be worth $32 billion by 2022.
Director of the Social Impact Hub, Jessica Roth, said the growing demand for impact investing made such a resource invaluable.
“The need for this resource was identified at the 2016 Impact Investment Summit, where participants noted that although information was readily available during the summit, it was largely inaccessible during the remainder of the year,” Roth said.
Photo courtesy of jennofarc.