Social Impact Investing

IV. Impact Investing
Impact investing refers to investments "made into companies, organizations, and
funds with the intention to generate a measurable, beneficial social or environmental
impact alongside a financial return."
Institutional investors, notably North American and European development finance
institutions, pension funds and endowments have played a leading role in the
development of impact investing holistically, across all asset classes, with an initial
focus on private equity, venture capital and green infrastructure. Under Pope Francis,
the Catholic Church has witnessed an increased interest in impact investing.
Page 63 of 140