UP FOR DEBATE: Impact Investing
Although it is possible for impact investors to achieve social impact along with market rate returns, it's not easy to do and doesn't happen nearly as often as many boosters would have you believe.
Managing Director, Head of Global Sustainable Finance Morgan Stanley
It's important to build broad and inclusive on-ramps for investors of all kinds.
Sterling K. Speirn
President and CEO W.K. Kellogg Foundation
Mission-driven investments can help philanthropists become more effective grantmakers.
Nancy E. Pfund
Founder, Managing Director DBL Investors
Impact investors can help shape the culture of young companies.
CEO Big Society Capital
Impact investors go places, meet people, and find opportunities that other investors miss.
Cofounder and Managing Director Global Impact Investing Network
Proving that every impact investment goes beyond what mainstream investors bring is unrealistic.
CEO Nonprofit Finance Fund
To achieve social impact, investors and entrepreneurs must broaden beyond the enterprise.
Chief Innovation Officer Acumen
To avoid creating a Potemkin village, impact investors must collect better social impact data.
Cofounder and Managing Director Imprint Capital
Though it may ruffle some feathers, it’s time to begin parsing the big tent of impact investing.
Director of B Analytics and GIIRS B Lab
IRIS and GIIRS/B Analytics are an important first step in providing standardized social metrics.
CEO Grassroots Business Fund
Investors can create impact by providing advisory services to social businesses.
Partner Bridges Ventures
Investors can have social impact by investing in underserved geographic areas.
Director of the Initiative for Responsible Investment Hauser Institute for Civil Society at Harvard University
Contrary to what Brest and Born say, impact investors can have an impact on public equity markets.
Director of Strategy and Impact Root Capital
Vice President of Investor Relations Root Capital
Impact investors play a critical role even after mainstream capital enters the picture.
Alvaro Rodriguez Arregui
Managing Partner IGNIA
Managing Director, Senior Lecturer IGNIA, Harvard Business School
Impact investors should not be burdened with proving social impact.
Managing Partner Omidyar Network
Director of Knowledge and Advocacy Omidyar Network
Impact investors can help spur the development of an entirely new sector.
Fellow William and Flora Hewlett Foundation
Emeritus Professor, Lecturer, and Faculty co-director Stanford Law School, Graduate School of Business, and Stanford Center on Philanthropy and Civil Society
Last Word: Paul Brest and Kelly Born respond to the 18 people who commented on their article.