What is the Global Impact Investing Network?
- Posted on August 08, 2022
- Editors Pick
- By Glory
The Global Impact Investment Network (GIIN) is an
international network comprising 175 different impact investing organizations.
Institutional asset owners, pension funds, insurance providers, asset managers,
intermediaries, and consultants are some of its members. Overall, these
institutions use a range of impact and investment approaches to target
investments across various industries, stages, and locations.
The overall goal of GIIN is to broaden the scope and
efficiency of impact investing by: (a) enabling a plausible and long-lasting
practice of impact assessment; (b) creating awareness of impact investing; and
(c) facilitating greater and more efficient capital rollout to address urgent
social and environmental needs. The proposed funding will help GIIN carry out
its primary research and impact evaluation by offering general operating
support for two years.
The GIIN aims to accelerate the industry growth
through targeted leadership and teamwork by bringing together impact investors
to foster knowledge sharing, promoting innovative investing strategies,
developing the industry's evidence basis, and creating useful tools and
resources.
In the end, the GIIN focuses on lowering impact
investing obstacles so that more investors may devote capital to finance solutions
to the world's most difficult problems. The group achieves this by
creating vital infrastructure and launching initiatives, programs, and studies
that hasten the growth of a well-organized impact investing sector.
For investors, the GIIN's activities now focuses on
the following areas:
·
GIIN Membership: Investors' Council and
Members
·
Strategic Alliances: According to the
GIIN, increased cooperation between top industry players is necessary for
impact investment to realize its full potential.
“Our vision is of a world where financial markets
serve all members of society and where finance plays a central role in solving
the social and environmental challenges facing the global community. In this
future, investors integrate impact considerations into all decisions, building
strong communities, a healthy environment, and a sustainable future for all
people. We believe impact investing can lead the way to this future.”
Over 88 percent of impact investors indicated that
their investments met or surpassed their expectations, according to the Global
Impact Investing Network.
According to studies, the average return for impact
funds was 6.4 percent vs 7.4 percent for non-impact funds.
What
is Impact Investing?
A general investment technique known as "impact
investing" aims to provide financial gains while simultaneously having a
good social or environmental impact.
The goal of impact investing is to produce specific
positive social or environmental consequences alongside financial gains. Impact
investments can come in many different asset class forms and have a variety of
different consequences. Impact investing's goal is to employ financial
resources and capital for socially beneficial outcomes.
Impact investors take into account a company's
dedication to corporate social responsibility, or the obligation to benefit
society as a whole.
Be the first to comment!
You must login to comment