The Initiative for Responsible Investment (IRI) at the Hauser Center for Nonprofit Organizations promotes the development of the theory and practice of responsible investment through research, dialogue, and action. The IRI works across asset classes to build communities of practice around innovative responsible investment strategies and catalyze new opportunities and concepts in responsible investment.

Mission Investing in Canada

by David Wood on September 2, 2014

David WoodI spent a few last days of summer on Wasan Island in the Muskoka Lakes region of Canada. The tiny island is this summer center for small meetings (retreats, I suppose one has to admit) jointly hosted by BMW Foundation Herbert Quandt and Breuninger Stiftung. It is a lovely place. Tough life, etc. I know.

The purpose of this meeting – convened by the MaRS Centre for Impact Investing – was to talk about the state of mission investing in Canada, and how the practice can be expanded and deepened. Attendees came from a variety of private Canadian foundations, the host German foundations and a few of us stragglers – practitioners and researchers — from the US. The topics that came up will be familiar to people who’ve lapped around the impact investing circuit – board engagement and development, strategies and tactics for concessionary and market-rate impact investments, identification and cultivation of investable opportunities, public policy and impact investingespecially as it has received more attention from the Social Impact Investment Task Force, launched by the G8 over the past year (MaRS has played an important role in Canada’s work on the task force). It was great to meet people and hear about their work, and loads of fun. [read more...]

JG headshot suit HR

This article was written by IRI Senior Fellow and Senior Strategic Adviser to Tau Investment Managment, James Gifford. It was originally featured in the Courier Mail.

THE world’s most powerful investors believe strong action on climate change is inevitable and a carbon price is the best economic strategy, private equity fund adviser and leading academic James Gifford said.

Toowoomba-born Dr Gifford is a senior strategic adviser for Tau Investment Management – a New York-based fund backed by investors including Alexander Soros, son of billionaire financier George Soros – and is a senior research fellow at Harvard Kennedy School in Cambridge, US.

Dr Gifford, in 2010 named one of 200 Young Global Leaders by the World Economic Forum, helped found and was executive director of a United Nations responsible investment initiative which secured the backing of 1200 financial institutions worldwide, with a collective $40 trillion in assets committed to them. [read more...]

Thinking about EB-5 as an Impact Investing Tool

August 7, 2014

On July 1st the Initiative for Responsible Investment (IRI) co-hosted a meeting with the ICIC to explore the potential role of the EB-5 program to increase economic opportunity in distressed communities. The EB-5 Immigrant Investor Program, a relatively obscure and sometimes controversial program was introduced in 1990 to attract foreign investment in U.S. markets. The program links investments that […]

Read the full article →