Sometimes one bottom line is not enough. Many investors are no longer satisfied simply by turning a profit. More and more also want their investments to generate a positive impact in the world.
That means additional capital can be devoted to the globe’s most urgent challenges – like tackling poverty, confronting climate change, and providing access to clean water and power. But whether investors achieve a double bottom line – profit plus impact – depends on how funds are invested and managed for impact.
This month, 60 global investment firms and development finance institutions will take the first historic step, embracing a new set of standards that will bring discipline, transparency, and credibility…