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Report says CalPERS investments too focused on environmental and social activism
The American Council for Capital Formation (ACCF) said CalPERS board members have overemphasized what are called Environmental, Social and Governance (ESG) investments — and the sluggish returns on those investments are dragging down the pension fund’s bottom line.
- Categories
- Investing
- Region
- North America
- Tags
- ESG, impact investing
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New Impact Investing Fund Will Support Nonprofits And Better Health Outcomes
AIM Healthy loans and lines of credit can, for example, help a recuperative-care nonprofit to add beds that provide a bridge between the hospital and permanent housing – combatting homelessness as well as hospital and jail readmissions, or a food-as-medicine nonprofit to partner with a health plan to lower costs and improve outcomes for patients with chronic diseases.
- Categories
- Health Care, Investing
- Region
- North America
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Goldman Sachs Is Starting a Socially Responsible ETF
With socially responsible investing -- also known as ESG for its focus on a company’s environmental, social or governance policies -- surging to more than $23 trillion globally, ETF issuers are looking to get a piece of the action.
- Categories
- Investing
- Tags
- ESG, impact investing
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Press release: India’s Aavishkaar Bharat Fund Attracts $95m for Impact Investing from Investors Including CDC, SIDBI, Munjal Family Office (Hero Corporation), TIAA
The fund will support businesses in India that further Aavishkaar’s mission to “enhance livelihoods and reduce vulnerabilities for the low-income population” in “a range of sectors, namely agriculture, dairy, education, energy, handicrafts, health, water and sanitation, technology for development, microfinance and financial inclusion.”
- Categories
- Investing
- Region
- South Asia
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Does Sustainable Investing Help or Hurt Returns?
But despite that strong rationale, which has attracted trillions in assets under management globally to sustainable investments, one of the main concerns many interested investors still have about sustainable investing is “Will it hurt my returns?”
- Tags
- ESG, impact investing
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India is a fertile environment for impact investing: Bill McGlashan
As a $2 billion (around ₹13,000 crore) impact investment fund, managed by the US-based private equity firm TPG Growth, The Rise Fund is one of the most ambitious of its kind.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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Can Index Funds Be a Force for Sustainable Capitalism?
The investment industry is changing. Among other things, there is growing demand from both retail and institutional investors to align their capital with better environmental and social outcomes, and more resources going into index fund or quasi-indexing products. These two trends may seem separate—or, some people believe, incompatible—but together I believe they have the power to improve finance’s role in the world. Index funds can be a force for sustainable capitalism.
- Categories
- Investing
- Tags
- ESG, impact investing
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Soldiering on in Solar: Why the ‘Investable’ Deals Debate isn’t the Whole Story
An ongoing debate on NextBillion in 2017 has been the extent to which impact investors should steer clear of the "hype cycle" surrounding off-grid solar providers, particularly in Africa. But after a recent trip to Tanzania where he met with several solar entrepreneurs, WRI's Sanjoy Sanyal argues that now is precisely the time to push forward. He explores why genuine, impact-seeking investors need to look ahead of the current incumbents and support local entrepreneurs.
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