Is Impact Investing really the miracle cure for societal problems? Can it really allow private sponsors and individuals to make money and save the world at the same time?
A lot of our recent discussions on impact investing have emphasised that impact investing must take a balanced approach with other channels in a philanthropist's toolkit to have the greatest possible impact. That being said, the value of the impact investing market was said to be worth 10.6bn USD in 2013, with high levels of expected growth for years to come and it's understandable that impact investing might propose an attractive economic prospect.
Geared towards private investors and sponsors, this publication by the Active Philanthropy presents a number of case studies and personal stories from across social enterprise and impact investing markets in the UK, India, Germany and Netherlands. Perhaps most importantly, it highlights that financial returns under impact investment are not guaranteed, and while a social enterprise may be established as a successful organisation with a strong community impact, it may not necessarily be making the money that was once expected of it.
The publication presents a number of personal stories and case studies from the field of impact investment and highlights experiences from across the spectrum.