PRESS RELEASE: China enters the era of social impact investing
Tuesday, November 4, 2014
NEW YORK, Nov. 3, 2014 /PRNewswire/ — The 13th Social Enterprise Conference at Columbia Business School was on October 31st. The results of a study on social impact investing in China were released for the first time in history. It is the first time that China has formally dispatched a group to attend a social enterprise conference at Columbia University.
“China Moment” showcases the development of China’s social impact investing
This conference arranged a special “China Moment” session for the release of the results of the study on China’s social impact, which was co-sponsored by the main organization in China engaged in the research and practice of social impact investing, the Shenzhen Innovation Corporate Social Responsibility Development Center (CSRDC), as well as Columbia Business School and US-based Rockefeller Philanthropy Advisors.
A report entitled “2014 Social Impact Investment in China”, which was released during the “China Moment” session and which detailed the results of the theoretical research, case study and model study of social impact investing involving one hundred large firms inChina, was mainly paid for jointly by CSRDC and the Shenzhen Charity Federation and Social Enterprise Center of ShanghaiUniversity of Finance as well as by the entrepreneurial departments of major privately-held and listed Chinese corporations. Social impact investment now has broad prospects in China, especially for Chinese entrepreneurs and among forward thinking business executives.