Yesterday, at the UK’s G8 Social Impact Investing Forum in London, the Administration launched the National Impact Initiative (NII) to expand the use of impact investing as an element of the Administration’s strategies for economic growth and global development. In London, 150 top government officials, business executives, social entrepreneurs, philanthropists and academics who have been leaders in the burgeoning field of impact investing will discuss how to increase impact investing in order to both accelerate economic growth and job creation in G8 nations as well as leverage new capital flows toward the Millennium Development Goals. The U.S. has been at the forefront of this field.
Impact Investing is the practice of channeling capital toward businesses that intentionally generate economic return and public benefit. Such businesses openly track and measure social, environmental, and governance (ESG) considerations alongside their financial returns. These firms often are described as creating models of shared value or sometimes referred to as social enterprises. Impact investing often encompasses support for firms operating in target geographies, specific sectors, or employing specific populations.
Fonte: White House