Investors’ appetite for impact investing has been estimated at $26 trillion in a new report from the International Finance Corporation (IFC): Creating Impact: The Promise of Impact Investing.
Commenting on the report Evita Zanuso, Senior Director, Financial Sector and Investor Engagement, Big Society Capital, said:
“It is great to see such an impressive figure attributed to the appetite of global investors for impact investing. As the United Nations (UN) highlighted just last week, we will not succeed in the fight against climate change and poverty without supportive financial systems. The IFC’s report is an important reminder of the role impact investing should be playing in the pursuit of the UN’s Sustainable Development Goals (SDGs).
“We welcome the report’s specific focus on the Impact Management Project as a shared fundamental for defining and managing impact. We also welcome the report's focus on moving beyond the interpretation of fiduciary duty as simply an obligation to maximise financial returns when making investment decisions, towards the incorporation of non-financial considerations such as environmental and social impact.
“The UK has been and continues to be, a key player in the impact investing market and Big Society Capital looks forward to working with others in the industry to help meet the aspirations for impact investing to tackle the UN’s SDGs and to improve the measurement and management of impact investments.”