This groundbreaking book charts the path of a new industry,explaining how impact investing is and can be a positive disruptiveforce. Impact Investing affirms that it is possible and desirableto address social and environmental problems with investments thatgenerate financial profits.
Antony Bugg-Levine and Jed Emerson reveal how impact investingis a transformational vehicle for delivering blended value throughinvestment. The authorstwo leaders in the burgeoning field ofimpact investinggive a name to a set of activities previouslysiloed in enclaves and reveal how these activities are linkedwithin what is becoming a new and dynamic field.
The authors don't take a normative approach to argue howinvestors should behave but instead show how entrepreneurial peopleand institutions are already offering an integrated alternative.Impact Investing defines this emerging industry for all theinstitutions and people it is affecting (investors, funders, socialentrepreneurs, educators, policy makers, and marginalizedcommunities) and showcases illustrative examples of challenges andsuccesses. The book also explores the potential that impactinvesting holds to tackle the most critical social andenvironmental issues of our day on a scale never seen before.
Ultimately, Impact Investing offers a fundamentally optimisticvision. This unifying vision illuminates what can be achieved whenwe capture total blended value, when all our assets work in unisonwith our values and beliefs.
Praise for Impact Investing
"My experience with eBay demonstrated that you can do well bydoing good. Impact Investing explores this important idea andprovides many examples of the social impact that a for-profitbusiness can ignite." Pierre Omidyar, founder and chairman,eBay; founding partner, Omidyar Network
"An informative and perceptive insight into the world of impactinvestment." Ronald Cohen, cofounder, Apax Partners;chairman, the Portland Trust and Bridges Ventures
"In business schools around the world, impact investing is hot.For all those young professionals and their teachers, Bugg-Levineand Emerson, pioneers of the field, have written a greatintroduction to the realities of using markets to address society'sproblems." Michael Chu, professor, Harvard Business School;cofounder, IGNIA Fund
"An insightful, compelling, and highly readable road map forinvestors and their wealth managers seeking to achieve blendedvalue. As global thought leaders in impact investing, Bugg-Levineand Emerson share their perspectives and real-life examples ofinvestors and investments achieving a combination of financial andsocial/environmental returns. It's a must-read for anyoneinterested in how investment can tackle the world's toughestproblems." Ron D. Cordes, cochairman, Genworth FinancialWealth Management; coauthor, The Art of Investing and PortfolioManagement
"Impact investing just might be the game-changer we need in thequest to end poverty. Building on the forces of sociallyresponsible investment, microfinance, and many others, impactinvesting shows that we can solve many of the world's socialproblems while making attractive financial returns. This superbbook is a clear and compelling guide to any reader who wants to bea part of this powerful new force in development. The book is freshand accessible, with an eye for metaphor and self-deprecation thatis rare and welcome among policy wonks."ElizabethLittlefield, president and CEO, Overseas Private InvestmentCorporation; former CEO, CGAP
I had heard about the concept of Impact Investing and was looking for a book to explain it in more detail. Read morePublished on January 20, 2013 by Lindsey Storm
Emerson and Bugg-Levine have done a great job in de-mystifying impact investing. Their book provides a clear, concise and articulate roadmap for understanding this nascent field. Read morePublished on December 12, 2011 by Roger Frank
Jed Emerson and Antony Bugg-Levine lead the reader on a journey that begins with the evolution of Impact Investing and ends with the potential promise of a healthier, more... Read morePublished on October 19, 2011 by Tom Emerson
A must read for everyone interested in people-planet-profit projects. Be up to date with what is going on: get inspired and informed about opportunities and obstacles. Read morePublished on October 6, 2011 by Alcanne Houtzaager
Informative, insightful and a great read! I'd highly recommend this book to anyone interested in exploring how sound investments can also solve some of the world's most pressing... Read morePublished on September 8, 2011 by SKN