Impact Investing Institute on LinkedIn: Just Transition Criteria - a practical tool for fund managers | Impact… (2024)

Our next #PlaceCoalition meeting is coming up in less than two weeks! The Coalition brings together investors, local authorities and other organisations that want to see more capital flowing to communities across the UK. Led by ourCEOKieron Boyle, the event will kick off with a panel discussion featuring Andrew Balchin, CEO of Wakefield Council andEmily Bolton MBE, CEO of Our Future who are leading place-based initiatives in Wakefield and Grimsby, withAlexandra Notay from Thriving InvestmentsandAnne Copelandfrom AlphaReal providing an investor perspective.Mark Hallwill speak about the role of Community Development Finance Institutions (CDFIs) in driving inclusive growth and how the first commercial investment from a UK high street bank could be a game changer for the sector.Jamie Broderickwill also chair a discussion withAnna Shiel from Big Society Capital,Alex Doyle from UK Infrastructure Bank andGiles Thomas, CFA from Homes Englandexploring how blended finance can play a catalytic role in scaling place-based impact investments across the UK. 📅 Save the date: 18 March 2024🕒 Time: 13:30 - 16:30 GMT📍Location: Toynbee Hall, LondonJoin the over 70 people already registered, including asset managers, local authorities, social investors, and community leaders, and get your free ticket here:https://bit.ly/3wJp6MNYou will be joining many greatorganisations including The Good Economy andPensions for Purposewho have been at the forefront of driving place-based impact investing in the UK.

25

1 Comment

Are you a foundation interested in exploring impact investing but unsure where to start? We're delighted to co-host a three day workshop with the Association of Charitable Foundations with support from Big Society Capital and ShareAction's Charities Responsible Investment Network in April and May this year.We will be covering key topics from getting to grips with the language around impact investing, establishing impact and financial requirements, tailoring an investment policy, governance, and working with your existing investment managers on impact.The course is designed for staff and trustees, with opportunities to hear from foundations already making impact investments.The course will be particularly suitable for those foundations which are keen to explore impact investing in their foundation’s main endowment, either alongside an existing programme-related impact investing carve out, or as a first foray into impact investing. Find out more here: https://bit.ly/3wIfa6b#impactinvesting #endowments #learning

26

For the first time this week, a commercial bank in the UK has provided funding at scale to Community Development Finance Institutions (CDFIs), which provide loans to businesses and social enterprises that cannot get the finance they need from banks.Lloyds Banking Group, along with junior capital fromBig Society Capital, has provided significant funding for the second version of the Community Investment Enterprise Fund (CIEF), which will be managed bySocial Investment Scotland.The fund will invest £62m in the sector and the participating CDFIsareBCRS Business Loans,Business Enterprise Fund (BEF)andFinance For Enterprise.Mark Hall who leads our place-based impact investing programme explains why this is a landmark decision and how it directly ties into our work in this article for Impact-Investor.com. We support CDFIs in taking on more institutional investment in the future and are working on the creation of financing vehicles that can channel capital at scale to those businesses around the country that need it the most.Read the full article here: https://bit.ly/3V3nIOU#impactinvesting #places #cdfis

52

2 Comments

For the first time, a mainstream bank in the UK has provided funding at scale to Community Development Finance Institutions (CDFIs), which provide loans to businesses and social enterprises that cannot get the finance they need from banks. Lloyds Banking Group, along with junior capital fromBig Society Capital, has provided significant funding for the second version of the Community Investment Enterprise Fund (CIEF), which will be managed bySocial Investment Scotland.The fund will invest £62m in the sector and the participating CDFIsare BCRS Business Loans,Business Enterprise Fund (BEF)andFinance For Enterprise.Many advocates for impact investing describe CDFIs (there are more than 30 across the UK, which are part of the Responsible Finance network) as one of the hidden superpowers of the finance system in the UK. Deeply rooted in local communities, CDFIs have been unlocking the potential of thousands of small and medium-sized businesses that would have never been able to launch otherwise.Historically, one of the main challenges has been the lack of investment at scale into CDFIs themselves so they are able to support more small enterprises across the UK.This groundbreaking investment shows that mainstream banks can support these small enterprises indirectly through blended finance structures like CIEF and we hope that other large banks will follow suit.We are committed to continue our work to help CDFIs in taking on more institutional investment in the future and support the creation of financing vehicles that can channel capital at scale to those businesses around the country that need it the most.We do this as part of our place-based impact investing programme, which is led by Mark Hall. If you are interested in partnering with us on our CDFI work, please get in touch with Mark or Jamie Broderick. #communitydevelopment#cdfi#financialinclusion#impactinvesting#blendedfinance

35

4 Comments

How can multi-generational family offices shift to impact investing?Our Executive DirectSarah Teacherspeaks toGiorgiana Notarbartolo di Villarosa, who has become a strong advocate for impact investing within her own family.Gio is part of PFC, a family office founded by a branch of the Marzotto Family, which has been at the heart of Italy’s textile industry since the 1800s. Over the past years they have focused on aligning their philanthropic activity and their investment strategies, using shareholder engagement to influence corporate behaviours, and helping other family offices begin their own journey towards more sustainable portfolios. Gio spoke to us about her own personal journey to impact investing and why for her great privilege always comes with great responsibility. Watch the full interview here:https://bit.ly/48A9dW3Thanks toSchroders Wealth Managementfor supporting this work.#impactinvesting#familyoffices#sustainability

60

3 Comments

How can family offices set up with an 'impact by design' intention?Our Executive Direct Sarah Teacher speaks to Jasper Smith, first-generation wealth creator and tech entrepreneur to get some answers.Jasper founded Vala Capital 🌱, a sustainable venture capital firm that operates under a ‘planet-fit’ commitment. He spoke to us about his own personal journey to impact investing and how he believes that all capital needs to focus on sustainability as an investment strategy that will deliver both impact and good financial returns.Watch the full interview here: https://bit.ly/3SW1iwyThanks to Schroders Wealth Management for supporting this work.#impactinvesting #familyoffices #sustainability

62

2 Comments

What are the most current impact investing trends? How big is the impact investing market?We are excited to help find answers to those questions. This year, we are partnering withThe Global Impact Investing Network,African Venture Philanthropy Alliance (AVPA),AVPN,Investing in Womenand the Canadian Impact Investing Working Group on the#GlobalImpactInvestorSurvey.This is an industry defining initiative to make it easier for investors to provide input into a global effort to describe and quantify the impact investing market.If you want to help us gather the best and latest information on activity and trends in the impact investing industry and contribute to our own UK market sizing report, which will be published this summer, please fill out the survey here:https://bit.ly/4baSElWWe need you to help shape the future of impact investing! Deadline is Friday 1 March#impact#impactinvesting#data#sustainability#finance

15

Have you seen our newest investor guide “Family Office: a roadmap to impact”?You can watch this 90 seconds explainer video (https://bit.ly/3SL0f3t) if you're short on time.The guide is a unique resource designed to support and inspire families and their advisers who want to use their wealth to deliver positive change in the world.The guide provides practical information and resources on how to navigate the world of impact investing - whether you are a first-generation wealth creator or a multi-generational family office.Drawing deeply on the real-world experience of family offices that have successfully adopted an impact approach, readers will learn how to dothe following:✅advocate internally for impact investing✅create an impact framework and theory of change✅develop an investment policy statement✅start allocating capital for impact✅work with external advisers and managers✅measure and manage impact✅find community and collaborationThis resource is accompanied by in-depth case studies, based on one-on-one interviews with both family office principals and investment professionals working for them.The guide was produced with support fromSchroders Wealth Managementto help create publicly available research and practical materials that bring inspiration and guidance to family officesand their advisors.You can access the full guide for free here.https://bit.ly/47LapFO#impactinvesting#wealth#familyoffices#resource

8

1 Comment

Do you want to learn more about impact investing, but don't know where to start? Have a look at our#LearningHub, named by Forbes as a go-to resource for impact investing and designed with the help of experts in the field.The Hub offers more than 10 different modules covering knowledge, skills, impact investing in practice, and impact investing approaches - like place-based impact investing.The Hub aims to empower individuals and organisations to understand, engage, and drive positive change through investments. Whether you're a seasoned pro or just getting started, this hub is for you.If you have any comments on how we could improve this resource do let us know please.https://bit.ly/3Q500iu#impactinvesting#learning#knowledgesharing

20