Is faith-based finance making a dent in impact investing?

In this Uxolo article, author Kennith Rosario discusses the power religious organizations hold in regard to driving positive change through impact investing. Rosario writes, “Although different faiths uphold different values, there are thematic overlaps when it comes to impact investing. In 2020, the Global Impact Investment Network (GIIN) conducted a survey of faith-based impact investors and found that the top three UN Sustainable Development Goals (SDGs) featuring in faith-based portfolios were decent work and economic growth (81%), affordable and clean energy (68%), and reduced inequalities (68%). These SDGs also appear as top themes for respondents of the 2019 Annual Impact Investor Survey—the GIIN’s flagship research report. The commonalities between faith-based investors and impact investors’ interests in the SDGs suggest opportunities for collaboration to pursue shared social and environmental goals.”