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Impact Alpha Podcasts

Impact Alpha Podcasts

By Impact Alpha
All of ImpactAlpha's podcasts in one place. Listen in and get investment news and commentary for a sustainable edge.
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Briefing: September 18th
It's a roundtable reunion with Imogen, David and Brian to talk about the latest efforts to re-imagine (or is it reset?) capitalism. Plus, Jeffery Ubben is this week's controversial Agent of Impact.
September 19, 2020
Agent of Impact: Emmanuel Lagarrigue
Emmanuel, the Chief Innovation Officer for Schneider Electric chats with David  about decarbonized, decentralized and digital energy.
September 17, 2020
Briefing: September 11th
Melissa L. Bradley of 1863 Ventures joins Monique to discuss her call to action for entrepreneurs, plus this week's Agent of Impact, Dave Kirkpatrick SJF Ventures, and the headlines. 
September 11, 2020
Briefing: September 4th
The headlines, plus Amy joins Brian to discuss small business financing in the COVID crisis and this week's Agent of Impact, Beth Bafford.
September 4, 2020
Briefing: August 28th
Headlines, The Democracy Collective's Jessica Rose on employee ownership, and this week's Agents of Impact: basketball players.
August 28, 2020
Briefing: August 21st
Why have there been so many agri-food deals lately? Plus, the headlines, and this week's Agent of Impact, Andrew Youn, co-founder and executive director of One Acre Fund.
August 21, 2020
Briefing: August 14th
This week's headlines, David and Monique round up our "systemic investing" call, plus Maurice Jones is this week's Agent of Impact.
August 14, 2020
Agent of Impact: Pete Stavros
The head of U.S. private equity for KKR, the international investment giant, speaks with David Bank about the employee ownership strategy that they've used successfully in the manufacturing sector.
August 12, 2020
Briefing: July 31st
The headlines, some audio highlights from our latest Agent of Impact call on impact and the 2020 U.S. election, plus Dennis explains this week's theme... "purpose-built."
July 31, 2020
Briefing: July 24th
The headlines, plus David and Monique talk about Agent of Impact "Aha!" moments, and we hear from this week's featured Agent of Impact, CEO of Native American Natural Foods, Dawn Sherman.
July 24, 2020
Briefing: July 17th
Blackrock  falls short on climate commitments, the Trump administration takes on  ESG, and a 1/10th challenge from Ceniarth's Diane Isenberg
July 17, 2020
Ceniarth’s Diane Isenberg
The  founder of Ceniarth -- a family office that provides capital for  positive impact in marginalized, primarily rural, populations-- speaks  with David about family wealth, catalytic capital and impact-first  investing.
July 16, 2020
Agent of Impact: CDC Group's Nick O'Donohoe
David speaks with Nick about how CDC Group, the UK's Development Finance  Institution, is approaching risk during the COVID crisis, and more...
July 13, 2020
Briefing: July 10th
Monique brings us the headines and David discusses the word of the week: topple. Plus, your agent(s) of impact.
July 10, 2020
Briefing: June 26th
The headlines, a new handbook aims to help scale up the amount of impact capital, and Dennis profiles Tynesia Boyea-Robinson.
June 26, 2020
Briefing: Juneteenth
Monique brings us the headlines, Jessica chats with Candide Group's Jasmine Rashid, and Amy Cortese profiles Aurora James
June 19, 2020
ROI Interview: Andy Kuper
Leapfrog’s Andy Kuper on impact, exits and scaling growth in emerging markets through the COVID crisis
June 15, 2020
Briefing: June 12th
The headlines, plus Amy Cortese speaks with Philip Reeves and Todd Leverette about employee ownership as a way to help close the racial wealth gap. And Dennis Price profiles this week's Agent of Impact, Helen Adeosun.
June 12, 2020
Interview: Joy Anderson
David interviews Joy Anderson, president and founder of The Criterion Institute. We spoke at the end of May about gender and the COVID recovery
June 10, 2020
Briefing: June 5th
Guest host Monique Aiken brings us the headlines, and leads a frank and personal discussion of the events triggered by the extrajudicial killing of George Floyd. She is joined by Living Cities’ Demetric Duckett, Colonial Consulting’s Angela Matheny and Castleberry’s Donray Von
June 5, 2020
Briefing: May 29th
The headlines, plus Jessica Pothering speaks with Aunnie Patton Power about redesigning venture finance, and Dennis Price profiles this week's Agent of Impact, Sarah Kerney from Prime Coalition.
May 29, 2020
Agents of Impact Call 17: 10x’ing community capital
It could be that the crisis is the catalyst to finally strengthen and scale the small business finance and support ecosystem that has existed outside of mainstream financial channels for decades...
May 29, 2020
Briefing: May 22nd
The headlines, plus David Bank and Amy Cortese on what to do with the mountains of cash corporations have been sitting on, as well as this week's Agents of Impact: Andrew Behar and Danielle Fugere.
May 22, 2020
Briefing: May 15th
The headlines, plus David Bank on "systems change," and Dennis Price profiles Heron's Dana Bezerra.
May 15, 2020
ROI Interview: Visa Foundation’s Graham Macmillan
Graham Macmillan joins David Bank for a conversation about the Visa Foundation's mission... and how they're approaching it in light of COVID-19, supporting small and micro businesses run by women.
May 11, 2020
Briefing: May 8th
Featuring the headlines, plus Dennis Price on a forgiveness and patience as catalytic capital, and a special Agent of Impact birthday surprise...
May 8, 2020
Briefing: May 1st
The headlines, plus Jessica Pothering on a microfinance lenders lessons from the Ebola crisis, and Dennis Price profiles Paul Farmer and Jim Yong Kim, co-founders of Partners in Health
May 1, 2020
Roundtable: Private capital for public good... or not?
Impact investing has posited the role of private capital for public good. The roundtable regulars - Imogen, Brian and David -- are back to answer the question: how is that position faring through the crisis?
April 29, 2020
Briefing: April 24th
The headlines, plus Dennis Price on Social Bonds as COVID relief, and David Bank profiles Goldman's John Goldstein.
April 24, 2020
Briefing: April 17th
The headlines, plus David Bank on universal owners, and Lyneka Little on our Agent of Impact. 
April 17, 2020
ROI Interview: Tracy Palandjian
Tracy details a new career impact bond.
April 16, 2020
Briefing: April 10th
The headlines, plus Amy Cortese on CDFI's bridging the PPP's equity gap, and David Bank on this week's Agent of Impact.
April 10, 2020
Briefing: April 3rd
The headlines, plus Jessica Pothering on the affect of COVID on emerging market entrepreneurs, and Amy Cortese on this week's Agent of Impact.
April 3, 2020
ROI Interview: The GIIN's Amit Bouri
Amit walks us through how Impact Investors of all stripes are stepping up to the challenges of COVID – and capitalism.
April 2, 2020
Briefing: March 27th
Your weekly briefing from the virtual newsroom of ImpactAlpha focuses on resilience and disruption: headlines from ImpactAlpha,  David Bank on “making this s***storm matter,” and Amy Cortese brings us  this week’s Agent of Impact.
March 27, 2020
Briefing: March 20th
Amy Cortese on high impact small business loans, David Bank on this week's Agent of Impact, and your headlines from this week in Impact Investing.
March 20, 2020
Briefing: March 13th
The  coronavirus pandemic has upended virtually everything. In the pages of ImpactAlpha, we focused on resilience this week, featuring Amy Cortese on global  energy markets, and Dennis Price with our Agent(s) of Impact.
March 13, 2020
Briefing: March 6th
Carbon capture,  inclusive fintech, and creative arts investing. Plus, David Bank on how  COVID-19 is affecting the field, and Jessica Pothering profiles this  week's Agent of Impact.
March 6, 2020
Briefing: February 28th
In your briefing this week: pandemics, leaks, and billion dollar funds. Plus, Dennis Price on emerging impact managers. 
February 28, 2020
Briefing: February 21st
Your impact briefing for February 21st, featuring the week's headlines, Agents of Impact, and new info on off-grid electricity in Africa.
February 21, 2020
Institutional Shift: Calling the inflection point, and other trends to watch in 2020
Dave Chen of Equilibrium Capital joins David Bank to make bold predictions for 2020 on another episode of our special series: Institutional Shift.
February 6, 2020
‘ESG investing’ crosses the chasm from early adopter to early majority. So what?
On the latest edition of ImpactAlpha’s Returns on Investment podcast, host Brian Walsh suggests that the ‘technology’ of ESG and impact investing has passed the early-adopter stage and entered the early majority, gaining momentum among companies, asset managers and banks.
January 30, 2020
Blue like an Orange offers a report card for the Sustainable Development Goals
“The positive news is that more and more people know what we are talking about,” Bertrand Badré says on the most recent ImpactAlpha podcast. “The negative news is there is not enough action.” The former World Bank official and founder of Blue like an Orange Sustainable Capital (the name comes from a French surrealist poem) says needed changes in the financial system were not given enough thought when the Sustainable Development Goals were adopted five years ago. He’s writing a book on the topic; as a down payment, Blue Orange is releasing at Davos its internal rating system, SDG Blue, which scores investments against the SDGs in much the same way Moody’s scores companies’ credit ratings.
January 21, 2020
The Decapitalization of the Fossil Fuel Industry
The Decapitalization of the Fossil Fuel Industry by ImpactAlpha
December 20, 2019
Cornerstone Capital Seeks to Prove Active Managers Can Deliver Impact in Public Equities
“Global thematic impact didn’t exist, so we decided to build it ourselves," says Erika Karp in the latest ROI. Cornerstone’s Access Impact Fund is a Nasdaq-listed mutual fund that for a minimum $1,000 investment offers access to sub-advisors looking for thematic investments in small-, medium- and large-cap companies across geographies. Karp, formerly the head of global sector research at UBS Investment Bank, is taking a stand on hotly debated investment topics that go beyond impact investing. She says active management, which has fallen out of favor because of high fees and uneven performance, is key to intentional impact.
December 3, 2019
Sir Ronald Cohen: ‘We are overthrowing the dictatorship of profit’
The popular protests that drove the GSG Impact Summit out of Santiago, Chile, added “a poignant urgency” to the first day of the global gathering of impact investors in Buenos Aires, Sir Ronald Cohen said in a podcast interview with ImpactAlpha’s David Bank.
November 19, 2019
Institutional Shift: Corporate Operations are the Front Lines of Sustainability
Dave Chen of Equilibrium Capital returns for another edition of Institutional Shift.
November 14, 2019
Fossil fuel investments undercut major firms’ claims as impact investors
Now that big private equity players are spinning up impact funds left and right, the impact of the rest of their investments is getting a lot more scrutiny as well. ImpactAlpha’s roundtable regulars recorded a podcast episode keying on Blackstone’s investments in Brazilian agricultural processing plants linked to deforestation in the Amazon. But other private equity giants have stepped up with their own deals of questionable impact. As a source for stories, keeping watch on private equity impact is the gift that keeps on giving.
November 5, 2019
Mispriced Climate Risks Signal Investment Shocks – and Opportunities For Action
In a counter-intuitive shift, the estimated four million global youth climate strikers who took to the streets last week may be more pro-business than recalcitrant heads of state gathering at the United Nations intent on slow-walking climate action. The U.S., Brazil and Japan, for example, have not even asked to speak at today’s Climate Action Summit, where 60 or so countries are expected to present more ambitious carbon-reduction plans. By catalyzing a powerful political constituency for urgent climate action, protestors may accelerate the low-carbon transition and soften climate shock. By most expert analysis, keep global temperature rise with 1.5 or even 2 degrees Celsius produces better returns for almost all in
September 23, 2019
Updated Corporate Purpose Signals Broader Definitions of Fiduciary Duty and Materiality
Updated Corporate Purpose Signals Broader Definitions of Fiduciary Duty and Materiality by ImpactAlpha
August 29, 2019
Overcoming Systemic Bias in Investing Means Challenging Power and Pattern Matching
Overcoming Systemic Bias in Investing Means Challenging Power and Pattern Matching by ImpactAlpha
August 27, 2019
Memo to Candidates: Impact Investors Have a Quality Jobs Agenda
The latest Returns on Investment podcast takes on the challenge of how investors can help make sure workers get a better shake. In a low-unemployment economy, it’s not only jobs, but quality jobs that are needed to drive broader prosperity that is inclusive of workers of all ages and skills.
July 29, 2019
Resistance Meets Revival to Renew the Political Discourse
The roundtable regulars aim to trace the connections between the impact investing project writ large and the current political climate, without violating our pledge against armchair analysis of electability, swing-state appeal or fundraising prowess.
June 18, 2019
Investment Trends to Watch in the Second Half of 2019
On the latest episode of our special Institutional Shift series of conversations, Dave Chen and David Bank review their predictions from six months ago and look ahead to 2020. On the docket: climate-change investing, plastics, market segmentation, and product development.
June 12, 2019
Goldman Sachs’ Hugh Lawson on How Climate Change Is Changing Asset Management
A changing climate is changing the climate inside one of the world’s largest asset managers. Clients of Goldman Sachs Assets Management, which manages assets on behalf of wealthy families, pensions and foundations, endowments and insurance companies. These parties have always expected the firm to recite key financial metrics about the companies they own. But increasingly, says Hugh Lawson, the head of ESG and impact investing at Goldman, clients are demanding the big Wall Street money manager know more about the qualitative aspects of what those businesses do and how they do it. In the latest episode of ImpactAlpha’s Returns on Investment podcast, David Bank dug in with Lawson about how greater investor urgency around climate, and confidence in low-carbon investment strategies, is changing investing (or isn’t).
June 5, 2019
Beyond Tradeoffs: Blue Haven uses flexibility to drive impact across portfolios
One perk of both owning and managing your own capital: you get to set the rules. Blue Haven Initiative, the $500 million family office of Liesel Pritzker Simmons and Ian Simmons, has for a decade committed to integrate impact across 100% of its investable portfolio. In episode 7 of Beyond Tradeoffs, David speaks with Liesel about Blue Haven's approach.
May 28, 2019
Beyond Tradeoffs: Growing demand, growing companies and growing opportunities for impact at scale
In episode 6 of Beyond Tradeoffs, David speaks with Sandeep Farias of Elevar Equity about their approach to early stage investing in developing markets.
May 23, 2019
Beyond Tradeoffs: Finding mispriced risks in affordable housing, quality jobs and diverse managers
On episode 5 of our special series, Beyond Tradeoffs, produced in collaboration with Omidyar Network, David interviews Roy Swan and Christine Looney about Ford Foundations Mission Investment strategy.
May 20, 2019
Beyond Tradeoffs: How Lok Blends Commercial Capital and Smart Subsidies for Transformative Impact
In Episode 4 of ROI's Beyond Trade-offs series, produced in collaboration with Omidyar Network, Vishal Mehta of Lok Capital recalls how the Delhi-based impact investor blended venture capital and grant funding to build markets for financial services, health care and education for low-income Indians.
May 16, 2019
Beyond Tradeoffs: An 80/20 Rule Helps an Institutional Impact Investor Manage Risks
Today on ROI, we feature an interview with Ommeed Sathe of Prudential Financial in the third episode of Beyond Tradeoffs, produced in collaboration with Omidyar Network. Prudential, a serious institutional investor with nearly $1.4 trillion in assets, is demonstrating that is possible to incorporate impact strategies within the norms and constraints faced by institutional investors. Their $800 million impact portfolio is invested with a specific mandate to show measurable benefits in financial inclusion, affordable housing preservation, educational excellence, workforce development and sustainable agriculture and other areas.
May 13, 2019
Beyond Tradeoffs: Big Investors Press Asset Managers to Integrate ‘ESG’ and Impact Across Portfolios
In the second episode of ImpactAlpha’s “Beyond Trade-offs” podcast series, produced in collaboration with Omidyar Network, Goldman Sachs’ John Goldstein charts the development of “risk-return-impact” frameworks that meet the needs of institutional investors. One of his jobs, he says, “is to help Goldman’s investors do better at doing what they do by incorporating environmental, social and governance into how we invest for all our clients.”
May 9, 2019
Beyond Tradeoffs: Omidyar Network's Investments Across the Continuum of Returns
In a new series of podcasts produced in collaboration with Omidyar Network, ImpactAlpha asked a range of investors, from fully “market-rate,” to unapologetically concessionary, what lies… Beyond Tradeoffs. What we heard is that investors of all types are finding strategies to avoid specific and systemic risks, to be aligned with long-term trends, to generate tangible and measureable social and environmental benefits and to otherwise meet their objectives – all along the continuum of risks and returns.
May 6, 2019
Eric Glass Makes the Case for Municipal Bonds as Impact
Hidden within the $3.8 trillion market for U.S. municipal bonds are not only mispriced social and environmental risks, but huge potential for on-the-ground impact in historically disadvantaged neighborhoods. On this episode, David Bank chats with Eric Glass about how Alliance-Bernstein approaches municipal bonds with an impact lens.
April 18, 2019
Making the ‘S’ in ESG stand for ‘Share the Wealth’
According to billionaire hedge fund manager Ray Dalio, capitalism is not working well for the majority of Americans. In a recent essay he argues that it is producing self-reinforcing spirals up for the haves and down for the have-nots and that these conditions pose an existential risk for the U.S. In the latest episode of ImpactAlpha’s Returns on Investment podcast, the roundtable regulars took up the challenge as well, with a provocative discussion of inequality and the age-old tension between capital and labor.
April 15, 2019
The ‘Red Ferrari Syndrome’ and Other Lessons of Impact Investing’s Varsity Blues Scandal
The dramatic fall from grace of Bill McGlashan, co-founder and former CEO of TPG Growth and The Rise Fund, after being indicted in the Varsity Blues college-admissions scandal, Rose-Smith suggests, may say more about private-equity and alternative-investment asset management in general than about impact investing in particular.
March 25, 2019
Is it Impact Investing When Billionaires Buy Newspapers and Magazines?
Are newspapers and newsmagazines "impact investments"? And are the billionaires who buy them making a positive impact? Listen in as David, Imogen, and Brian take up the topic of impact investing in news media on the latest episode of ROI
February 25, 2019
No Need to Wait for Washington to Mobilize Around a ‘Green New Deal’
Newly elected Rep. Alexandria Ocasio-Cortez has galvanized the political debate with a proposed Green New Deal that would rely primarily on government financing to pay for the required investments in climate-friendly agriculture, transportation, buildings, manufacturing and, of course, energy. In the latest Returns on Investment podcast, roundtable regulars Brian Walsh and Imogen Rose-Smith tried to force ImpactAlpha’s David Bank into his own awkward choice: private capital or government funding?
February 13, 2019
Risky Business: Corporations Need Market Signals to Reduce Climate Risks
Will it be risk – rather than returns – that drives impact investment? Major companies are starting to face the very practical implications of climate change, as indicated by responses to CDP, the U.K. organization formerly known as the Carbon Disclosure Project. The latest episode of ImpactAlpha’s Returns on Investment podcast explores the connection between such risks and the mobilization of investment to address them.
January 30, 2019
If ‘ESG Investing’ is So Great, Why is the World Going to Hell?
The three-letter acronym for “environmental, social and governance” has broken out from the wonky world of finance and into subway ads and online pitches for a slew of new ESG mutual funds, ETFs and other financial services. How such “non-financial” factors affect financial performance has been a matter of hot debate for several years. As ESG breaks into the mainstream, the podcast’s roundtable regulars took on a tougher question is: Does it make a bit of difference in the real world?
January 23, 2019
Institutional Shift: Climate Risk Hits the Market and Other Impact Investing Trends to Watch in 2019
Join us for half-dozen or so forecasts from Equilibrium Capital's Dave Chen, who returned to ImpactAlpha's Returns on Investment podcast for a New Year's check-in on the progress of the "institutional shift" in impact investing. As Dave says, "Everybody loves a list."
January 9, 2019
The Impact Alpha Report: Can Impact be a Driver, Dot a Drag, on Returns?
We ring a bell and joke about taking a drink every time we can work the phrase “impact alpha” into a Returns on Investment podcast. We had to suspend the stunt to discuss a new report,“The Alpha in Impact.” The report pulled back the curtain on 29 investments from 13 funds to demonstrate that impact be a driver of returns, not just a drag. Our roundtable regulars discuss.
December 21, 2018
Climate Signals Blinking Red, a Test for Global Leadership at COP24
As the climate hangs in the balance, policy momentum, investor sentiment and most of all global leadership will be crucial to sustain the global energy transition and, while we’re at it, economic transformation, that are both so urgently needed.
December 10, 2018
Taking Sustainable Investing to the Next Level, Sooner Than Later
In late October 2018 US-SIF released their bi-annual report measuring the size of the impact market. By their calculations, responsible and impact investments now total 12 trillion dollars in the United States - representing a quarter of all US assets under professional management. Can this amount, a 38% increase since 2016, be seen as an unmitigated success? "Not so fast," cautions the ROI roundtable. Listen in to find out why we're not ready to declare impact victory quite yet.
November 28, 2018
Infrastructure Hopes Spring Eternal. What’s Impact Got to Do With It?
When 2019 comes around congress will once again be divided. Could an impact oriented infrastructure bill make it to the president's desk? Our roundtable discusses.
November 14, 2018
Doing Good While Eating and Drinking Well (podcast)
ImpactAlpha’s editor and CEO David Bank and Paul van Zyl talk about impact investing and social entrepreneurship from the Conduit in London.
November 7, 2018
Shining a Spotlight, er, Podcast on the Business of ImpactAlpha Itself
In its daily Brief and on its website, ImpactAlpha writes a lot about the challenges and triumphs of impact entrepreneurs. In this week’s Returns on Invesment podcast, host Brian Walsh put the questions to the company’s own mission-driven entrepreneurs: How’s the business going?
October 29, 2018
Institutional Shift: Impact Investing on the Hot Seat at Global Pension Funds
Join David Bank and Dave Chen as they continue our special series, Institutional Shift. The latest episode of ImpactAlpha’s Returns on Investment podcast takes stock of the state of impact investing at pension funds and other large institutional investors.
October 11, 2018
Global Energy Access is an Impact Investment Even Curmudgeons Can Love
Lower-than-expected risk. Higher-than-expected impact. Access to off-grid electricity is emerging as an impact investing success story across the developing world.
September 26, 2018
Beware Cures for ‘Impact-Washing’ That May Be Worse Than the Disease
The impact investing community seems to be in one of its cyclical discussions about who and what should count as impact. The latest Returns on Investment podcast takes up the growing concern about “impact-washing,” the use of impact jargon or marketing to raise money or burnish reputations without delivering real impact or, in some cases, causing negative impacts.
September 10, 2018
Getting to Yes
What will it take for investors to make the big bets? ImpactAlpha’s latest Returns on Investment podcast took on what roundtable regular Imogen Rose-Smith, an investment fellow at the University of California, called “the disconnect between rhetoric and reality.”
August 28, 2018
Will Abraaj’s ambitious global health strategy survive the scandal?
The latest Returns on Investment podcast takes up the case of the $1 billion Abraaj Growth Markets Health Fund and impact investing failures more broadly. The health fund, which was pursuing an ambitious effort to build comprehensive healthcare networks in the megacities of the 21st century – think Lagos and Karachi and Mumbai – is now embroiled in the larger scandal that has engulfed Abraaj Group.
July 16, 2018
Can Impact Investments Build Popular Support for Inclusive, Sustainable and, Yes, Global Prosperity?
Impact investing types, it seems, are proud globalists. That optimistic, connected, cross-border approach to challenges, solutions and human relationships puts them in a unique position in this peculiar historic moment when walls are going up and strangers are suspect. At the same time, the essential precondition of investing – having capital to invest – means most investors are largely distant from the lived experience of many of the people their investments are purported to benefit. ImpactAlpha's roundtable regulars take on the contradictions of globalism. (Photo: Top view of 1765 de l'Isle globe A 1765 de l'Isle globe, showing top view. Collection of the Minnesota Historical Society.)
July 2, 2018
The M-word: Investors bring ESG into the material world.
In the latest Returns on Investment podcast, our roundtable regulars take up the April memo from the Department of Labor that tried, albeit weakly, to walk back the Obama-era guidance about how fiduciaries could consider ESG factors.
June 19, 2018
Institutional Shift: Long-term asset owners move to future-proof their portfolios
The obsession with financial returns that for decades kept major institutional investors away is now pushing them towards a serious accounting of environmental risks. Ashby Monk joins Dave Chen, the chair of Equilibrium Capital, and David Bank, editor of Impact Alpha, on this episode of Returns on Investment: Institutional Shift.
June 5, 2018
Lata Reddy: Prudential Financial's Investment in Equity and Inclusion - and Newark
A few years ago the Prudential Foundation committed to reaching a billion dollar impact portfolio by 2020, and they're well on their way to reaching that goal. On this episode of ROI, David Bank sits down with Lata Reddy, the Senior Vice President of Diversity, Inclusion & Impact at Prudential Financial and Chair and President of The Prudential Foundation to discuss the impact fund, their place based investing strategy, and the role of mission investing in the fight for social justice.
May 21, 2018
Pain Killers: How Can Impact Investors Help Stop the Opioid Addiction Epidemic?
If impact investors are worth their salt, they’ll soon –– if not soon enough –– come up with a whole raft of investible solutions to the crushing burden of opioid addiction. The problem may have snuck up over the past decade, but there’s no escaping the costs of the crisis now. As many as 23 million addicts in the U.S. More than 64,000 overdose deaths, most of them opioid-related. The annual economic cost: an estimated $193 billion. On this episode of ROI, our panel discusses where impact investors can have a role in tackling the issue of opioid addiction.
May 1, 2018
Should Impact Entrepreneurs Beware the Strategic Corporate Investor?
Corporate venture capital is a thing. And that thing is converging on impact investing. The amount that global corporations put into strategic investments in startup companies last year reached $31 billion across 1800 deals, both all-time records. Today on the podcast David Bank, Imogen Rose-Smith and Brian Walsh discuss Corporate Venture Capital and Impact.
April 18, 2018
Institutional Shift: Pension and Sovereign Funds Come for the Risk Reduction, Stay for the Impact
The billionaires with their family offices command on outsized share of attention from impact fund managers. But, the real dollars, as in trillions, are in the huge pension and sovereign wealth funds around the world. Today on ROI, David Bank speaks with Dave Chen, the head of Equilibrium Capital, about the burgeoning shift towards sustainability and EGS within the world of institutional investors.
April 3, 2018
Which financial innovations will grow from billions to trillions?
A raft of new social-impact and environmental financing vehicle are emerging from labs, incubators and startup funds. By finding inventive ways to monetize social inclusion and environmental regeneration, the new models are "internalizing the positive externalities." Too wonky? Just say "impact alpha." Returns on Investment's resident blue-sky optimist, David Bank, lays bets that the best new ideas will scale up to attract real dollars. Our curmudgeon, Imogen Rose-Smith, is skeptical that many of the impact investment pilots will graduate from the kiddie table and join the adults in the real world of finance. As always, our host Brian Walsh keeps it lively. __________________________________ Support for this Returns on Investment podcast ​comes from Wunder Capital, an easy way to invest in solar energy projects across the US. With Wunder, you help finance renewable energy and earn up to 7.5% a year. Visit​. I nvest in solar projects. Do well and do good.
March 22, 2018
#IWD2018: Gender Equity is Not Only the Smart Thing to Do, It's the Right Thing
It has been said that "for impact investing, every day is international women's day." As the #MeToo and #TimesUp movements continue to demonstrate their staying power, is it time that impact and finance at large take a closer look at gender equality within firms as well as in their investments? Brian Walsh, Imogen Rose-Smith and David Bank discuss in the latest ROI.
March 8, 2018
The California Model
The whole panel is together in Oakland to discuss whether or not California is charting the way forward for the inclusive economy of the future. The golden state does seem to be ahead on issues such as immigration, climate change, and shared prosperity - but is there a flip side to the coin? Listen in as Imogen Rose Smith, David Bank, and Brian Walsh discuss The California Model.
February 21, 2018
Demystifying Impact Investing
At a recent hosted at the New York offices of the fintech company Liquidnet, in collaboration with the Tristate Area Africa Funders Network, ImpactAlpha’s own David Bank moderated a panel on “Demystifying Impact Investing” featuring Georgia Levenson Keohane of the Pershing Square Foundation, Liz Luckett of TSEF and Brian Trelstad of Bridges Fund Management..
February 6, 2018
BlackRock to corporate CEOs: Get a long-term purpose, stat!
Larry Fink, the CEO of the world largest asset manager, pushed "social purpose" higher on the corporate agenda with his annual letter, warning that every company "must show how it makes a positive contribution to society.” Social activists cheered; activist investors more accustomed to pressuring CEOs for stock buybacks and dividends, groaned. As onetime corporate raider Sam Zell put it, “I didn’t know Larry Fink had been made God.” Our roundtable of Imogen Rose-Smith, Brian Walsh and David Bank pull apart not only Fink's arguments, but the critics' and the cheerleaders' as well.
February 1, 2018
Nature Reduces Risk: How Finance Can Conserve Large-Scale Ecosystems
Natural spaces have long provided financial value to humans, though historically this has been through the process of extracting resources. Now, as scientists better understand the key role that ecosystems play in supporting life on earth, some banks and investors are looking to incentivize the preservation of wild spaces and species. Today on ROI, the panel discusses conservation finance.
January 18, 2018
Rise of the Rest: Is there Impact without Reporting and Measurement?
Steve Case tells The New York Times that his $150 million Rise of the Rest Fund is "not an impact fund." Our Returns on Investment roundtable takes on the contretemps that played out on the pages of ImpactAlpha. Good jobs, overlooked geographies, bottom-up innovation – that sounds like impact. Do funds have to measure (and report)? Who decides? Imogen Rose-Smith, David Bank and Brian Walsh take Rise of the Rest apart (and put it back together again).
December 20, 2017
Impact Investing turns Ten Years Old
In 2007 the term Impact Investing was coined at a Rockefeller Foundation convening in Bellagio. The "framers" put the name to a burgeoning yet broad set of investment strategies being practiced on the margins of traditional finance. On this episode of ROI the panel discusses how the impact community has grown and changed in the past ten years, and where it's headed.
December 6, 2017
Trillion-dollar question: How the World’s Biggest Asset Owners Play the Risks Ahead (podcast)
Imogen Rose-Smith plays cautious realist to David Bank's blue-sky futurist in this heated (but always friendly!) Returns on Investment roundtable. At issue is the role of the world’s biggest asset owners – so-called Universal Owners – in the rotation of capital toward sustainability and inclusion.
November 21, 2017
Tax Hacks: Turning Tax Reform Toward Inclusive Prosperity
As Congress debates tax reform, agents of impact have a chance to 'code' a new tax algorithm.
November 2, 2017
The GIIN's Amit Bouri looks ahead as `impact investing’ turns 10
David Bank chats with Amit Bouri, the founder of the GIIN, about the past ten years of impact investing - and looks forward to the next ten.
October 12, 2017
WTF: An Interview With Tim O'Reilly
On this episode of ROI, David Bank chats with technologist and entrepreneur Tim O'Reilly about his new book WTF: What's the Future, and Why It's Up to Us.
October 10, 2017
A Conversation with Morgan Simon
On this episode of ROI, David Bank chats with Morgan Simon of the Candide Group about her new book "Real Impact: The New Economics of Social Change."
October 4, 2017
A Role for Impact in Climate Resilience
Climate change is increasing the size, frequency, and cost of natural disasters. In the past several months alone we've seen the devastating affects of hurricanes, droughts, and monsoons. On today’s show, our panel talks impact investing and climate resilience.
September 21, 2017
Blue Haven: 100% for Impact
Liesel Pritzker-Simmons and Ian Simmons join David Bank for this special episode of ROI, brought to you in partnership with The ImPact, to discuss their 100% for impact fund Blue Haven Initiative.
September 14, 2017
The Innovation Blindspot: A conversation with Ross Baird.
Ross Baird, President of Village Capital, chats with David Bank about his new book "The Innovation Blindspot," why many VC firms are missing out on great investment opportunities, and more.
September 11, 2017
The ImPact in Korea
On this special episode of Returns on Investment, David speaks with Kyungsun Chung, the Founder and CEO of Root Impact, a nonprofit that focuses on building capacity for the social innovation sector in Korea.
July 20, 2017
Impact in Brasil
On this special episode of ROI, we're featuring an interview with Fernando Scodro, a founding member of The ImPact's Brazil chapter.
June 30, 2017
The Future of Business as a Force for Good
On this special edition of Returns on Investment, we're featuring a panel discussion from The Liquidnet for Good 10 Year Anniversary Forum. The conversation focuses on the future of business as a force for good, and is moderated by Daryl Brewster, the CEO of CECP It features insights from Cammie Erickson, a Senior Manager with Linkedin For Good, Jen Field, the Social Impact Director for GLG, and Andy Fyfe of B Lab.
June 29, 2017
What's the Value of Gender Diversity, Anyway?
Uber is reeling due to a series of damning reports about it's corporate culture of misogyny. One potential solution that makes impact investors ears perk up: diversify the board. But, a new study from Katherine Klein of the Wharton School suggests that "the relationship between board gender diversity and company performance is either non-exist (effectively zero) or weakly positive." How do the findings effect the conversation around gender lens investing?
June 28, 2017
ROI Special: The Future of Impact Investing
On this special edition of Returns on Investment, we're featuring a panel discussion from The Liquidnet for Good 10 Year Anniversary Forum. The conversation focuses on the future of impact investing, and is moderated. by Georgia Keohane, the Executive Director of the Pershing Square Foundation. It features insights from Liz Luckett, the president of TSEF, Brian Trelsted, a partner at Bridges Fund Management, and Daniel Pianko, the Co-Founder and Managing Director of University Ventures.
June 23, 2017
ROI Special Edition: The Future of Effective Philanthropy
On this special edition of Returns on Investment, we're featuring a panel discussion from The Liquidnet for Good 10 Year Anniversary Forum. The conversation focuses on the future of philanthropy and includes Fay Twersky of the Hewlett Foundation, Dennis Whittle of Feedback Labs, and Blue Meridian's Chuck Harris. The moderator is business and philanthropy journalist Mark Gunther.
June 20, 2017
Impact Investing's Annual Report Card
Each year The GIIN releases their Impact Investor survey. Our panel sees some reasons for optimism in the report. But, is impact growing at a fast enough clip to tackle the challenges it's staked for itself?
June 8, 2017
Unpacking the Sustainable Development Goals
Back in 2015, U.N. leaders adopted a set of 17 targets describing what the world should look like in 2030. The goals are highly ambitious, calling for solutions to climate change and poverty, as well as huge conservation targets and a revamping of the global agricultural system. A lot has happened on the geopolitical stage in the past years, but the SDGs, as they're called (to Imogen's chagrin), are still on the table. Has progress been made? Find out on this episode of Returns on Investment.
May 22, 2017
Get the Hippies Out of Impact?
TPG Capital is moving into the impact world in a big way with a new 2 billion dollar fund. Bono, the famous face of the new fund, turned heads with some controversial comments at The Skoll World Forum. Are the impact investors of the past big hippies who aren't real investors? Is TPG about to change the game?
May 11, 2017
Big Shift at Ford Foundation
Ford Foundation president, Darren Walker, broke through a barrier of sorts recently with the announcement the foundation would commit $1 billion from its roughly $14 billion endowment to so-called mission-related investments. In the latest Returns on Investment podcast, our roundtable takes on the question of just how significant Ford’s announcement really was. Will it help unlock many more billions for high-impact investments? Will it change how foundations think about deploying their capital? Can it help change the structure of the financial markets themselves?
April 28, 2017
Risk and Impact
Risk. Is it a board game focused on world domination, a fundamental consideration when allocating capital, or both? We focus on the latter this week, and explore how the impact community approaches issues surrounding risk and opportunity.
April 10, 2017
Can Impact Scale?
The pace of growth in the impact sector is up, but the amount of capital managed by impact investors is a drop in the bucket of the overall capital markets. What will it take to get the level of investment up to the scale of addressing the great challenges of the 21st century?
March 22, 2017
Is Cleantech Still a Dirty Word for Investors?
New data shows that global investment in renewable energies fell between 2015 and 2016. Is the world dropping the ball on the sustainability transition, or is there more to these numbers?
February 21, 2017
Affordable Housing and Impact
Since the financial crisis, private equity firms have taken over the housing market. How can impact have an effect in this critical part of the economy?
January 18, 2017
Climate in the era of Trump
The panel discusses what a Trump administration could mean for climate action and the impact world.
December 25, 2016
President Trump and the Impact Economy
What will the Trump presidency mean for the Impact economy? Our panel discusses.
December 11, 2016
Madam President and the Impact Economy
What will a Clinton Presidency mean for Impact Investing?
October 31, 2016
COP 22
The ROI Panel get's geared up for COP22 Marrakech, and climate finance.
October 6, 2016
David chats with Michael Wilkerson, head of Tugende, a social enterprise in Uganda that is battling poverty through lease to own agreements.
September 28, 2016
The panel gives their take on SOCAP - what it is, where it's come from, and what it can be.
September 21, 2016
The Panel discusses how animals - as food, their welfare, biodiversity, and designer pets - fit into the impact discussion.
September 6, 2016
'Brexit' Lays Down Challenge for Impact Investors
What does the nativist isolationism represented by Brexit and Trump mean for the Impact movement?
August 10, 2016
Will millennial's be the force that makes impact investing the norm? The ROI panel discusses. Plus, is Donald Trump an impact businessman?
June 22, 2016
The ImPact's Abigail Noble | Impact Alpha's ROI
David chats with Abigail Noble about her new nonprofit, The ImPact.
June 16, 2016
Laura Callanan & The Surprise Social Entrepreneur| Impact Alpha's ROI
Should artists be considered social entrepreneurs? If so, how can impact investors best support them? An interview with Laura Callanan of Upstart Co-Lab
June 7, 2016
Reflecting on Mission Investors Exchange '16 | Impact Alpha's ROI
The ROI panel discusses this year's Mission Investors Exchange.
May 25, 2016
Emily Stone | Impact Alpha's ROI
David chats with Emily Stone, CEO and Co-Founder of Uncommon Cacao, about her experience as a social entrepreneur.
May 17, 2016
Chicago Model | Impact Alpha's ROI
The ROI panel discusses a new collaborative $100 million fund to finance education and child care, healthy food and affordable housing, and energy conservation and jobs in Chicago.
May 5, 2016
Manuel Lewin | Impact Alpha's Returns on Investment
David Bank speaks with Head of Responsible Investment at Zurich Insurance Company Ltd. about the Paris climate agreement, the challenges facing asset managers looking to invest with an eye towards climate risk, and how to overcome the challenges of responsible investing
April 13, 2016
Infrastructure! | Impact Alpha's ROI
On today’s show, the ROI Panel is talking infrastructure. Join Brian Walsh, Imogen Rose-Smith, and David Bank for a discussion about the huge economic and social opportunities for impact and institutional investors in infrastructure.
April 7, 2016
Clara Miller - All In For Impact | Impact Alpha's ROI
In 2012, the F.B. Heron Foundation made waves by setting a goal to mission-align 100% of it's $300 million in assets by 2017. Now, in "Building a Foundation for the 21st Century," Clara Miller - president of Heron - has called for the rest of the field to follow suit. This week on ROI we're featuring an interview with Clara.
March 9, 2016
Revolution!? | Impact Alpha's ROI
Dennis Price files a report from Merida, where Sir Ronald Cohen has called for new policies to facilitate the Impact Investing "revolution." The ROI panel discusses.
March 1, 2016
Tackling The Pioneer Gap With Cathy Clark | Impact Alpha's ROI
On this episode of ROI, David Bank chats with Cathy Clark, of Duke University, about bridging the pioneer gap.
February 16, 2016
Sistema Biobolsa | Impact Alpha's ROI
This week, we feature an interview with Alex Eaton, the head of Sistema Biobolsa, a technology company that works to reduce agricultural waste by converting it to fuel and fertilizer.
February 3, 2016
The Global Slowdown And Impact Investing | Impact Alpha's ROI
The ROI panel discusses what the market's historically bad start to the year means for the impact community.
January 27, 2016
Gender Lenses Investing With Suzanne Biegel | Impact Alpha's ROI
Suzanne and David dive deep into the gender lens as an important investment proposition.
January 19, 2016
COP21 | Impact Alpha's ROI
The ROI Panel discusses the news from Paris and what it means for investors.
December 18, 2015
Chan Zuckerberg LLC | Impact Alpha's ROI
Brian Walsh, David Bank, and Imogen Rose-Smith discuss the Chan Zuckerberg Initiative, and the backlash to its LLC status.
December 12, 2015
Dave Chen | Impact Alpha's ROI
Dave Chen of Equilibrium Capital chats with David Bank about Equilibrium Capital's investment proposition: that sustainable real assets are a great bet for institutional investors.
November 16, 2015
Erika Karp // Volkswagen | Impact Alpha's ROI
Our panel discusses the Volkswagen scandal and what it means for impact investing. Plus, David discusses ESG investing with Erika Karp of Cornerstone Capital Group.
November 9, 2015
Nancy Pfund + Too Much Money in Impact? | Impact Alpha's ROI
Nancy Pfund discusses DBL's new $400 million impact fund, as well as their ongoing investments in Tesla, Solar City, and Pandora. And, our panel debates whether or not there's too much money in Impact.
November 2, 2015