What does a fair trade coffee farm in Uganda, a community development bank in Haiti and an online bookstore that serves children from low-income families, have in common? They’re all part of an emerging approach called impact investments that is redefining how we finance social change.
It is now estimated that between $400 billion and $1 trillion will be invested for impact over the next decade. These investments aim to provide much needed capital for enterprises working to solve some of the world’s most pressing social and environmental problems.
HII welcomes the apparent growth in the underlying premise of impact investing – that investing can be a socially beneficial activity. As co-founder of Working Assets in 1983 and the managing partner in the social venture fund Global Partners LLC, John Harrington has been doing “impact investing” for over 30 years.
Today, HII provides a number of opportunities for clients interested in the emerging impact investing arena.
One of the ways we are doing this is by working with the Calvert Foundation to create investment notes targeted to facilitating community development within specific geographical regions.
For donor-advised accounts, we offer access to a world-class impact investment fund platform, thanks to our relationship with the non-profit financial services company, Impact Assets.
We also invest in the CRA Qualified investment Fund, which raises capital to support affordable housing, job creation, and alternative energy.
Finally, we work directly with clients who are looking for new investment opportunities in micro-financing, sustainable agriculture, and a range of social enterprises.