Andrew Plepler, Global Corporate Social Responsibility executive, Bank of America and Andy Sieg, head of Global Wealth and Retirement Solutions, Bank of America Merrill Lynch
While still in its infancy, the field of impact investing is rapidly evolving. The market has moved beyond negative screening to include innovative solutions that generate both financial return and social impact, while connecting investors’ values with their portfolios. And the growth of this field is being driven by investor demand.
5 hurdles to overcome when assigning value to outcomes
By Stephanie Robertson & Anne Miller SiMPACT Strategy Group December 06,2012
While the concept of Social Impact Bonds (SIBs) jumped the Atlantic from Britain in 2011, it is taking its time to develop in Canada. Unlike American and Australian counterparts that are already testing the concept, SIBs seem to be increasingly discussed in Canada, but are not yet in the testing phase. Several links to recent conversations are provided at the end of this article.
Social Impact Bonds (SIBs) are a new tool being explored to finance the social innovation agenda, but to be a real opportunity for investors, the full picture of value created by SIBs needs to be acknowledged. Written by Stephanie Robertson, President of SiMPACT Strategy Group, this report explores SROI methodology as a tool to value social outcomes in a more complete form.