Wis­sens-Hub

Der all­jähr­lich erschei­nen­de Markt­be­richt Nach­hal­ti­ge Geld­an­la­gen des Forum Nach­hal­ti­ge Geld­an­la­gen e.V. prä­sen­tiert die neu­es­ten Markt­zah­len und aktu­el­len Trends zu den Anla­ge­märk­ten in Deutsch­land und Öster­reich und ist seit 2005 die Refe­renz für Politiker:innen, Brancheninsider:innen, Wissenschaftler:innen und Journalist:innen.

Start-ups kön­nen aus­schlag­ge­ben­de Trei­ber fort­schritt­li­cher Pro­duk­te, Dienst­lei­tun­gen und Pro­duk­ti­ons­pro­zes­se sein, wes­halb sie in der Nach­hal­tig­keits­trans­for­ma­ti­on eine gro­ße Rol­le spie­len. Gera­de aber wenn es um Impact Inves­t­ing geht, ste­hen eben die­se Start-ups und deren Investor:innen vor gro­ßen Her­aus­for­de­run­gen. Die­ser Poli­cy Brief zeigt auf, wie sowohl der Zugang als auch die Umset­zung von Wir­kungs­ma­nage­ment für Start-ups und Impactinvestor:innen ver­bes­sert wer­den kann.

This White Paper explo­res the matu­ring Impact Fund Mar­ket, inclu­ding the increase of pro­duct offers, the acce­le­ra­ti­on of limi­t­ed part­ner demand, and the industry’s con­ver­gence of best prac­ti­ces and means of manage­ment and measurement. 

This brief input paper to the SFWG pre­pared by The Glo­bal Stee­ring Group (GSG) for Impact Invest­ment has the pur­po­se to dis­cuss the latest impact invest­ments figu­res and trends. 

U.K. pen­si­on funds view pri­va­te equi­ty inves­t­ing as the most effec­ti­ve way to achie­ve impact, but a nar­row focus on U.K. invest­ments and a limi­t­ed under­stan­ding of the importance of “addi­tio­na­li­ty” in impact stra­te­gies under­mi­ne over­all impact, accor­ding to a Pen­si­ons for Pur­po­se (PfP) stu­dy com­mis­sio­ned by asset mana­ger Colum­bia Thre­ad­need­le Investments.

Rocke­fel­ler Phil­an­thro­py Advi­sors has published the “Impact Inves­t­ing Hand­book: An Imple­men­ta­ti­on Gui­de for Prac­ti­tio­ners” – 180 pages to help asset owners imple­ment their inte­rest in impact investing.

This GSG Action Gui­de intents to pro­vi­de prac­ti­cal tools for Net­her­lands Advi­so­ry Boards (NABs) focu­sing on desig­ning, advo­ca­ting, and influen­cing their govern­ments to imple­ment suc­cessful impact poli­cy strategies. 

The GIIN released new gui­dance to help inves­tors achie­ve impact in public equi­ty invest­ments. Deve­lo­ped with input from over 100 inves­tors, Gui­dance for Pur­suing Impact in Lis­ted Equi­ties uses the GIIN’s Core Cha­rac­te­ristics of Impact Inves­t­ing to pro­vi­de base­line prac­ti­ces and expec­ta­ti­ons for asset mana­gers see­king to achie­ve posi­ti­ve impacts in lis­ted equities.

The Euro­pean Impact Invest­ment Con­sor­ti­um, inclu­ding EVPA, GSG and seve­ral Euro­pean Natio­nal Advi­so­ry Board (NABs) plus sel­ec­ted aca­de­mic cen­tres, came tog­e­ther to crea­te this report and to bring some neces­sa­ry har­mo­ni­sa­ti­on in mar­ket defi­ni­ti­ons and sizing, and set the foun­da­ti­ons to be able to find answers. 

Die zuneh­men­de Bedeu­tung von Impact Invest­ments für Investor*innen lässt sich an der dyna­mi­schen Markt­ent­wick­lung beob­ach­ten. Gera­de in den letz­ten Jah­ren ist das Volu­men von Impact Invest­ments stark gewachsen. 

This mar­ket sizing stu­dy ser­ves as an important indi­ca­tor of the momen­tum dri­ving impact inves­t­ing around the world. The results of this stu­dy should fill us with opti­mism and deter­mi­na­ti­on: opti­mism about the capa­ci­ty of the impact inves­t­ing mar­ket to enact posi­ti­ve chan­ge at meaningful sca­le, and deter­mi­na­ti­on to con­ti­nue to grow the uti­liza­ti­on of impact inves­t­ing as a cri­ti­cal stra­tegy to address the chal­lenges of our time.

Der Dis­kus­si­ons­bei­trag Impact Inves­t­ing – ein Neo­lo­gis­mus ohne Mehr­wert? schließt an die aktu­el­le Debat­te über das Ver­ständ­nis von Impact Inves­t­ing an und ver­sucht eine Bestim­mung von Impact Inves­t­ing in Abgren­zung zu nach­hal­ti­gem Inves­tie­ren. Auf Basis einer begriffs­his­to­ri­schen Ana­ly­se wird dafür argu­men­tiert, dass nach­hal­ti­ges Inves­tie­ren bereits in sei­ner ori­gi­nä­ren Kon­zep­ti­on alle wir­kungs­be­zo­ge­nen Ele­men­te beinhal­te, die heu­te für das Impact Inves­t­ing als cha­rak­te­ris­tisch ange­se­hen werden. 

The foun­da­ti­on Net­her­lands Advi­so­ry Board on impact inves­t­ing (NAB) is an inde­pen­dent, non-pro­­fit orga­ni­sa­ti­on that aims to acce­le­ra­te growth and impro­ve the effec­ti­ve­ness of the impact inves­t­ing mar­ket. This report is com­po­sed of the 2022 Impact Report as well as the 2022 NAB Finan­cial Statements. 

Impact inves­t­ing pro­vi­des finan­cial and non-finan­cial resour­ces to enter­pri­ses and invest­ment funds with the goal to gene­ra­te mea­sura­ble social and/​​or envi­ron­men­tal impact along­side a finan­cial return. This spe­cial issue of the Jour­nal of Busi­ness Ethics employs a busi­ness ethics lens to impact investing.

The white paper cap­tures the trans­for­ma­ti­ve poten­ti­al of dif­fe­rent invest­ment approa­ches based on the idea of “inves­tor impact”. It is a first and important step towards deve­lo­ping a revi­sed clas­si­fi­ca­ti­on logic for future mar­ket studies.

Wie enga­gie­ren sich Unter­neh­men 2021/22 eigent­lich und wel­che Rol­le spie­len die Sus­tainable Deve­lo­p­ment Goals (SDGs), Nach­hal­tig­keit und die nicht­fi­nan­zi­el­le Bericht­erstat­tung für sie? Das hat der Moni­tor Unter­neh­mens­en­ga­ge­ment mit den aktu­ells­ten Daten analysiert.

In this docu­ment, you find some inspi­ring examp­les of impact invest­ments made by Dutch pen­si­on funds over the past 18 months. The report pres­ents publicly available infor­ma­ti­on about the pen­si­on funds, their asset mana­gers, and the fund(s) in which they have inves­ted. NAB also iden­ti­fied the impact stra­tegy of the pen­si­on fund, the SDGs addres­sed and the count­ries whe­re the invest­ments will be made. 

In die­sem DSEM wer­den die größ­ten Her­aus­for­de­run­gen und Poten­zia­le des Öko­sys­tems zusam­men­ge­fasst. Das The­ma Finan­zie­rung bekommt hier beson­de­re Auf­merk­sam­keit und wird aus­gie­big beleuchtet. 

Prac­ti­tio­ners and aca­de­mics have used various terms to descri­be invest­ments rela­ted to sus­taina­bi­li­ty. The latest infla­tio­na­ry term is “impact invest­ments” – invest­ments that focus on real chan­ge to sol­ve social chal­lenges and/​​or miti­ga­te eco­lo­gi­cal dama­ge. To pro­vi­de (re)orientation from an aca­de­mic per­spec­ti­ve, a new typo­lo­gy for sus­tainable invest­ments was deri­ved for this publi­ca­ti­on.

This report is aimed at the invest­ment com­mu­ni­ty and is inten­ded to help inves­tors gain an under­stan­ding of this emer­ging indus­try. Many inves­tors have begun to approach impact inves­t­ing by inves­t­ing in micro­fi­nan­ce in deve­lo­ping count­ries or com­mu­ni­ty deve­lo­p­ment pro­jects in the United States.

Inves­tors around the world are making impact invest­ments to mobi­li­ze more capi­tal to address urgent chal­lenges. The report pro­vi­des infor­ma­ti­on on the core cha­rac­te­ristics of impact inves­t­ing, who is making impact invest­ments, what results the­se invest­ments can achie­ve, and more.

The ninth Euro­sif SRI report offers useful insights into the role that inves­tors can play on the path to sus­taina­bi­li­ty, par­ti­cu­lar­ly in light of cur­rent regu­la­to­ry and mar­ket developments.

This publi­ca­ti­on is a sequel to the OECD 2015 report on Social Impact Invest­ment (SII), Buil­ding the Evi­dence Base, brin­ging new evi­dence on the role of SII in finan­cing sus­tainable deve­lo­p­ment. It depicts the sta­te of play of SII approa­ches glo­bal­ly, com­pa­ring regio­nal trends, and asses­ses its pro­s­pects, with a spe­cial focus on data issues and recent poli­cy developments. 

Inves­tors’ appe­ti­te for impact investing—in which they seek to gene­ra­te posi­ti­ve impact for socie­ty along­side strong finan­cial returns—could total as much as $26 tril­li­on, accor­ding to the report Crea­ting Impact: The Pro­mi­se of Impact Investing.