GIIN in the news Press releases

  • Investor in Focus: PayPal

    via Pioneers Post by Laura Joffre

    November 29, 2022

    Summary

    In this Pioneers Post article, author Laura Joffre sits down with Joanne Gan, head of impact investing and ESG at Paypal’s treasury. Joffre writes, “Non-financial companies in the US alone are sitting on US$2tn in cash holdings. If those corporations were to put only a fraction of this into impact investing, that would grow the impact investing market significantly, currently estimated at US$1.16tn. This was the reasoning behind the creation of the GIIN Corporate Impact Investing Initiative in October. Its aim: help companies keen to meet environmental and social goals to invest their financial assets in impact, by sharing best practices and research.”

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  • ESG Is Not Impact Investing and Impact Investing Is Not ESG

    via Stanford Social Innovation Reviewby Jaclyn Foroughi

    November 11, 2022

    Summary

    In Standford Social Innovation Review article, author Jaclyn Foroughi helps readers understand six important differences between ESG and impact investing to ultimately help channel funds appropriately and facilitate better conversations. Foroughi writes, “Too often, ESG is confused with impact investing, which obscures the enormous efforts of the impact investing space. Understanding the difference not only facilitates better-informed conversations but helps channel funds appropriately and further amplifies the progress of the sector toward achieving the audacious Sustainable Development Goals (SDGs) by 2030. There is little doubt that the future of both business and finance incorporates social and environmental considerations. At the same time, the symbiotic relationship between these benefits and financial performance ensures the sustainability of purpose-driven organizations. Having the knowledge to differentiate between what lies in the past and what is part of our future is essential in ensuring the success of our people and planet.”

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  • A big moment for impact

    via Private Equity Internationalby Louise Fordham

    November 11, 2022

    Summary

    In this Private Equity International article, author Louise Fordham discusses what the Global Impact Investing Network’s (GIIN) new report, GIINsight: Sizing the Impact Investing Market 2022, which estimates the worldwide impact investing market to be USD 1.164 trillion dollars, means for impact funds and investors. Fordham writes, “It is worth noting that the network’s previous estimate sized the impact investing market at $715 billion in 2020 – that is considerable growth in a short period, particularly given that the markets have grappled with a global pandemic in between. Despite covid – or perhaps in part because covid highlighted the need for investment to address the many challenges facing communities and the planet – new players have continued to enter the impact arena.”

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  • GIIN launches $4.5m Impact Lab to 'fine-tune' impact investors’ strategy for maximum impact

    via Pioneers Post by Laura Joffre

    November 01, 2022

    Summary

    In this Pioneers Post article, author Laura discusses the launch of the Global Impact Investing Network’s (GIIN) ImpactLab supported by EQT Foundation, Temasek and Visa Foundation. Joffre writes, “The Impact Lab will build its work on current GIIN tools for impact management and measurement, but will go further than just collecting data on impact performance: the Lab aims to develop analytical tools that would enable investors to ‘fine-tune’ their strategy by identifying what works, and what doesn’t in different circumstances.”

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  • Global Impact Investments Surpass $1 Trillion for the First Time

    via Barron's Pentaby Fang Block

    October 27, 2022

    Summary

    In this Barron’s Penta article, author Fang Block discusses the launch of the Global Impact Investing Network’s (GIIN) new report, GIINsight: Sizing the Impact Investing Market 2022 which estimates the worldwide impact investing market to be USD 1.164 trillion dollars. Block writes,“The GIIN estimates that more than 3,349 organizations managed in impact investing, of which 1,289 met GIIN’s criteria as impact investors, with US$485 million impact assets under management as of Dec. 31. Among the impact investors, 88% reported their investments met or exceeded their expectations. The median investment return for impact funds was 6.4%, compared to 7.4% for non-impact funds, according to the report. Geographically, impact investors concentrated in developed markets. The U.S. and Canada accounted for 50% of the impact investment, while European impact investors made up nearly a third of the market, according to the report.”

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  • Impact Funds Hit $1 Trillion, Defying Anti-ESG Fallout

    via Bloombergby Frances Schwartzkopff & Greg Ritchie

    October 27, 2022

    Summary

    In this Bloomberg article, authors Frances Schwartzkopff and Greg Ritchie spoke with Amit Bouri, CEO and Co-Founder of the Global Impact Investing Network (GIIN) to discuss the undeniable momentum of the impact investing industry, defying anti-ESG fallout. Schwartzkopff and Ritchie write, “Investor allocations to impact investing, which targets specific environmental, social or governance outcomes instead of just screening for ESG risks, now stands at more than $1 trillion, according to the Global Impact Investing Network. That growth feeds into a maelstrom of discordant views around ESG that have plunged the once obscure investing idea into a heated political debate. In the U.S., GOP states are now pushing through anti-ESG legislation, putatively to protect returns. But GIIN, which this month took charge of ensuring the industry applies credible standards, says investors are turning to impact strategies precisely because they're a good way to protect returns over time.”

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  • A ‘Quantum Leap Forward’ For Impact Measurement With New Benchmarking Tools

    via Forbesby Anne Field

    October 27, 2022

    Summary

    In this Forbes article, author Anne Field discusses the launch of the Global Impact Investing Network’s (GIIN) Impact Lab supported by EQT Foundation, Temasek and Visa Foundation. Field writes, “Impact investing experts agree that, for impact investing to be embraced by the mainstream, it needs more sophisticated ways to measure impact, mimicking methods reminiscent of those used for conventional finance. One such tool, figured the folks at the Global Impact Investing Network (GIIN), would be benchmarks allowing investors to compare the impact performance of their portfolios against those of their peers the same way they can for financial results.”

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  • GIIN partners with Paypal and Visa to boost corporate impact investing

    via Pioneers Post by Laura Joffre

    September 30, 2022

    Summary

    In this Pioneers Post, author Laura Joffre discusses the launch of the Global Impact Investing Network’s (GIIN) corporate impact investing initiative. Joffre writes, “The GIIN has partnered with PayPal, Visa Foundation and the TELUS Pollinator Fund for Good to get more companies involved in impact investing around the world. The GIIN’s corporate impact investing initiative will help companies keen to meet environmental and social goals to use their financial assets to invest in impact. The ‘multi-year effort’ will include working groups and research intended to inform and develop corporate impact investing.” 

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  • GIIN Impact benchmark gives 'competitive edge', says DWM

    via Environmental Financeby Madeleine Jenkins

    September 09, 2022

    Summary

    In this Environmental Finance article author Madeline Jenkins discusses the Global Impact Investing Network’s (GIIN) IRIS+ impact performance benchmark with Hannah Schiff from Developing World Markets (DWM). Schiff reflects on how DMW has used the tool to guide its investments, highlighting the benchmarks comparative nature and regional specificity as two strengths.

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  • Family offices redefine philanthropy as they focus on making social impact

    via The Business Timesby Thomas Ang and Dawn Tan

    August 24, 2022

    Summary

    In this Business Times article, authors Thomas Ang and Dawn Tan report on how wealth owners in the Asia-Pacific region can solve some of our world’s most pressing issues by putting purpose at the forefront of managing their assets. Ang and Tan mention the Global Impact Investing Network (GIIN) writing the following, “According to a 2019 survey from the Global Impact Investing Network, family offices reported that 57 per cent of their capital was deployed in impact strategies, compared with 24 per cent of bank capital and just 2 per cent at pension funds.”

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  • Niklas Adalberth’s Norsken Foundation launches Norrsken Impact100 list to recognise founders changing the world

    via Silicon Canalsby Vishal Singh

    August 18, 2022

    Summary

    In this Silicon Canals article, author Vishal Singh reports on the Norsken Foundation’s Impact100 list, an annual list of the world’s most promising impact companies that features founders who are changing the world. Mair mentions Amit Bouri, CEO of the Global Impact Investing Network (GIIN) writing the following, “The Impact100 will be judged by an independent panel of experts, including Niklas Adalberth, founder, Norrsken; Jacqueline Novogratz, founder, Acumen; Ulrika Modéer, UN Assistant Secretary General, Director of the Bureau of External Relations and Advocacy, UNDP; Srishti Gupta, ex-director global development McKinsey, board member Norrsken; Matt Miller, partner Sequoia; Nonkululeko Nyembezi, chairwoman Standard Bank; Carl Manneh, co-founder Mojang; and Amit Bouri, CEO and co-founder, Global Impact Investing Network.” 

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  • How listed equity funds seek to achieve impact

    via Capital Monitorby Vibeka Mair

    August 11, 2022

    Summary

    In this Capital Monitor article, author Vibeka Mair discusses listed equity funds and their approach to achieving positive impact. Mair mentions the Global Impact Investing Network (GIIN) writing the following, “Public markets accounted for a material chunk of the $715bn of impact capital invested (34%), and public equity and debt were two of the fastest growing asset classes in the space, according to the latest GIIN survey, published in June 2020.”

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