“We’ve channeled over $5 billion to all types of impact sectors, from affordable housing to renewable energy.” – 01:09
Justin Conway, Calvert Impact, joins Remy Blaire at the New York Stock Exchange to discuss the current state and future of impact investing. The conversation begins with an overview of the global impact investing community, which now represents over $1.5 trillion in assets. Remy sets the stage by highlighting the urgent and complex challenges facing society today, including shifting political tides and extreme weather.
Justin explains Calvert’s role in the impact investing landscape, emphasizing the firm’s mission to help investors allocate their capital toward social and environmental solutions. With a product platform that has been growing for 30 years, Calvert has successfully channeled over $5 billion into various impact sectors, such as affordable housing, community development, renewable energy, and sustainable agriculture. He underscores the importance of measurable impact, which is a cornerstone of Calvert’s approach.
As the discussion shifts to the current economic and political uncertainties, Justin shares insights into how portfolio companies are adapting to these challenges. He notes that many impact firms were established during times of crisis, which has equipped them with the resilience to navigate today’s turbulent environment. Despite the difficulties posed by changing political and economic headwinds, he expresses optimism about the adaptability and continued resilience of these companies.
Remy and Justin then explore trends within the impact investing community, highlighting the diverse range of investors involved—from mission-driven organizations to large corporations and pension funds. Justin points out that climate sectors, particularly environmental sustainability and renewable energy, are top priorities for many investors. He observes a growing willingness among investors to allocate more capital to impact investments, especially as they see positive returns and meaningful impact.