TheIMPACT
Rapid Growth in ESG Funds
TheIMPACT focuses on ESG, Impact Investing, and advancing the 17 United Nations-supported Sustainable Development Goals (SDGs).
The show profiles people and companies committed to changing lives and creating a sustainable world.Join our host, Jeff Gitterman, on TheIMPACT with Michael Cosack, Principal of ImpactWise and Henry Shilling, Director of Research of SustainableInvesting.Michael is an independent consultant who brings over twenty years of business leadership experience, including the qualitative and quantitative analytical skills needed to implement programs and people in a meaningful, measurable, and impactful way.
His role at ImpactWise is to help institutional money managers, consultants, and trustees explore, create, and implement innovative impact investment strategies and solutions.Henry most recently coordinated the Moody's investors services worldwide efforts to transparently reflect the integration of environmental, social, and governance (ESG) factors in research, ratings, and analysis. As well, he developed and launched Moody's green bond assessment and published extensive research on this and related topics.
Henry is the author of The International Guide to Securities Market Indices, which was published in 1996 by International Publishing Corp., Chicago, Illinois. He is a contributor to Money Market Funds in the EU and the US, published in 2014 by Oxford University Press.Herny and Michael wrote a paper about the rapid growth that are seen in sustainable investment space.
At the beginning of 2018, GSAI reported that $31 trillion was invested globally in sustainable investment.
At the same time, USCIF Foundation reported that $12 trillion was invested in United Stated sustainable investment.
This information research in mutual funds, credit funds, and ETF areas indicate that over six areas of measurement that the universe became 977 sustainable different sustainable mutual funds.
ESG investing growth continues as substantial forms as funds rebrand - such as 47 funds have done in various types and fashion as these experts discuss. To learn more about how this has contributed to the growth, please join our team of expert wonks that share how sustainable investing really works.
To Learn More their report:
https://impactwise.us/wp-content/uploads/2020/05/ESG-Fund-Standards.pdf
To Learn More About ImpactWise:
https://impactwise.us/
To Learn More About Sustainable Research & Analysis:
https://www.sustainableinvest.com/
The Convergence of Sustainability & Finance
Terry Tamminen - President, 7th Generation Advisors -
On this segment of TheIMPACT on FINTECH.TV, our host, Vince Molinari, talks sustainability, investment, and how the right perception is essential to overcome challenging situations with Terry Tamminen, President of 7th Generation Advisors.
Terry was appointed as the Secretary of Governor Schwarzenegger's administration at the California Environmental Protection Agency - where they launch a 1M solar roof initiative, global warming solutions act, and a variety of other sustainable measures.
In 2008, he founded 7th Generation Advisors as a non-profit advisory firm to help states, cities, foundations, and companies do what was accomplished in California.
Some of the companies they work with are Walmart, Leonardo Dicaprio Foundation, Earth Alliance, and many others.
By connecting the work that they do with policy, technology, and finance, they become unstoppable and make anything possible.
Bottom-Up Approach -
The bottom-up approached started in the early 2000s. Whereas, the current administration is not very progressive on environmental or climate issues. They found the opportunity to work with states and cities in the US that were interested in taking meaningful action and enjoying the economic benefits.
Renewable Resouces -
After achieving their goal of diverting 50% of waste and setting up their new target of 75%, they understood that the convergence of technology and finance was essential for the dream to manifest a more sustainable reality of the future.
For example, they managed to create an incentive program for electronic recycling. 7th Generation Advisors created a new California industry - by bringing investors to invest in those new companies and new industries where the incentive is no longer needed.
Green Climate Fund -
Green Climate Fund is a multi-billion-dollar investment fund set up in 2009 to help underdeveloped countries with sustainable and low-carbon development.
Book recommendations from Matt for newbies on the regulated / climate markets –
Lives per Gallon
Cracking the Carbon Code
Watercolors
Visit 7th Generation Advisors on the Web:
https://7thgenerationadvisors.org
TRU Colors: Harnessing the Entrepreneurial Spirit of Gangs
George Taylor, CEO & President of TRU Colors, along with Khalilah Olokunola and Ant Brumm, join TheIMPACT host, Jeff Gitterman, to discuss what happened to George that drove him to create TRU Colors that also can be watched in the recent documentary. Simply, by being aware, we can open up conversations and dialogue to understand why gangs were created, why they continue to be a foundation for low-income socioeconomic communities, and how best to utilize the "banger" skill-set in sales, business development, and general entrepreneurship.
Khalilah leads human resources as Executive Vice President, managing compliance and promoting the general culture of TRU Colors while Ant leads community development.
Khalilah was arrested, charged and served four-years in prison. Having received multiple certifications and higher-education degrees, her "street education" was what really prepared her for the current role as EVP of HR at TRU Colors. The desire to see change, help those that need a hand from a friend, and bring the level of professionalism that helps drive self-determination, she and her team at TRU Colors apply "real world" out-of-the-box thinking that touches all aspects of society in order to change perception as empathy is achieved.
Ant Brumm was hire by Khalilah as a Community Ambassador - described as bold and really wanting to give back. He has completed multiple programs in TRU Colors, born and raised in Newark, New Jersey his mother passed at the young age of two. Having then grown up in foster homes, meeting his "homies" on the street made him feel at home, which then led him to prison. During his tenure behind bars, he learned about TRU Colors and used this time as an opportunity which has led him to his current path as the "feet on the street" bridging gaps, working with his community and engaging directly with gangs crossing "tracks" that others have never crossed.
Ant is the perfect example of someone taking responsibility for their own determination by finding his tribe at TRU Colors. As he states, "Everyone deserves to be treated like a human being" which is the ultimate thread as Black Lives Matter protests are on-going in cities throughout America and the world. Lastly, the distinguished group discusses white privilege and how we need to amplify this important discussion for a top-of-mind solution.
To learn more about TRU Colors, please visit TRUColors.co
Impact Investing is Going Mainstream in a Post-COVID World
Sir Ronald Cohen - Co-founder of Apax Partners; Chairman Steering Group for Impact Invest; and Chairman of The Portland Trust and Bridges Ventures - joins FINTECH.TV Co-founder and host, Vincent Molinari, to discuss "Ronnie's" journey.
Ronnie's adventure began when he left Egypt at the age of 11, fleeing to the United Kingdom and being accepted as a fellow human of life - where he attended Oxford and then continued his studies at Harvard Business School. Receiving the help he did, that made profound differences in his life, illustrated how important it was for Ronnie to give back in the ways he knows best by "innovating, agitating and orchestrating the advance of impact investments and impact economies around the world."
In his new book, Sir Ronald Cohen has painted the symbol of capital in the forms of empathy, altruism and Adam Smith's invisible hand as directly implicated in social impact and sustainable investing...the ability to think differently for humanity with love as the anchor.
In looking today at ESG, the numbers now exceed $30 trillion. The trends are the trends, says Ronnie, with the numbers speaking for themselves.
The preferences of consumers, companies and governments are shifting exponentially with a need for transparency to catalyze the shift to measuring impact as a primary pillar of capitalism. COVID-19 puts everything back to the basics, into perspective and illustrates the lack of transparency to measure and manage impact. Data and technology now make it possible to do this, as referenced by a recent Harvard Business School study Sir Ronald discusses with Vincent Molinari that creates an end-to-end relationship.
To learn more about Apax Partners, please visit:
https://www.apax.com/contact-us/offices/london/sir-ronald-cohen/
Watch the legend, Sir Ronald Cohen, in action via:
https://sirronaldcohen.org/
The S-Factor in Humanity Beyond IRR
Bonnie Lyn De Bartok, Founder & CEO at S-Factor, joins our host, Jeff Gitterman, on TheIMPACT to discuss the importance of sustainability, vis-a-vis the "S", in ESG/SDG as she uses her 25+ years of experience to measure "saving the world" beyond "one project at a time." Specifically, Bonnie understood the need to focus on capital formation, access to funding and the framework of how social management integrates empirically into investment business cases.
Today, S-Factor has evolved into a subject matter firm for artificial intelligence (AI), big data, and deep technology to understand behaviors, outcomes and financial correlations, thereof. The team at S-Factor tackles problems such as a community impact for mining projects, measuring jobs creation and how government programs can enhance or not through a real net-benefit standards of measurement.
Understanding what happens when anchor businesses for micro economies have profound impact on the future of communities, macro implications and how to position sustainability as a primary pillar for investments. The impact on humanity is directly influenced through sustainable investment strategies, tactical implementations and empirical measurement of qualitative, quantitative and potent indicators as exponential change occurs.
As global capital is invested locally around the world, the lens of sustainability is important for balancing investment funding and growing industries - especially mining, oil, gas, and similar businesses that are indirectly exposed. Measuring social impact is general across industries, businesses and communities with local considerations that include ethics, employee population, supply chain, and additional factors.
Bonnie has seen an increase in demand for the data sets her firm produces at S-Factor, along with companies that have incorporated "S" into their investment strategies, asset allocation and overall exposure doing the best as we battle through COVID to a post-COVID world calibrated for humanity in the New World. In the many discussions on-going, from mission driven to reduction of carbon output, the "S" as a Layer 1 lens is quickly being adopted as the net bottom-line financial impacts have become clear from investors to those within communities, end-to-end.
To learn more thesfactor.co
Investing for a Thriving & Sustainable Economy
Are you an asset manager, investment consultant, nonprofit, or individual who would like to invest in long-term financial, environmental, and social success?
On this segment of TheIMPACT, our host Jeffrey Gitterman, talks with Jim Roach, AIF®, Senior Vice President Retirement Strategies at Natixis, Sarah Bratton Hughes, Head of Sustainability in North America at Schroders and Georges Dyer, Co-founder & Executive Director at Intentional Endowments Network (IEN).
IEN is a peer learning network of colleges, universities, and other mission-driven institutional investors working together to achieve a thriving and sustainable economy.
Watch the full video to learn about retirement plans, sustainable investing, adoption of ESG funds, COVID-19 effects, and endowment funds.
To learn more about IEN, please visit intentionalendowments.org
Unifying the World with Technology
Lakshmi Pratury, Founder and CEO of INK, explains how technology can bring the world together for a real, tangible, measurable, and impactful world that is exponentially improved as compared to what we could only imagine even a decade ago.
Our host, Vince Molinari and INK Founder, Lakshmi Pratury, cover everything from story telling to data connectivity (the "pipeline") and how Moore's Law has enabled this incredible opportunity to break down barriers.
People from different disciplines have the opportunity now to come together - Indian proverb style - matriarchal and patriarchal with half woman, half man. Under precepts such as these for our foundational theories of SDGs into reality that is achieved, anything is possible.
In order to accomplish real, exponential change, women have a unique opportunity to exert their stored power that has been ready to unleash for far, far too long.
Most exciting, the convergence of Lakshmi and Kunal Sood's conference under the NOVUS brand is the practice of women and men coming together - for humanity. Getting down to the bottom of what "really, really matters" that has been accelerated during COVID-19. Everyone is thrilled about this upcoming event together on July 20th and 21st.
The Blue Economy
On this segment of TheIMPACT, our host, Georgia Fairweather, speaks with Satyendra Prasad, Ambassador and Permanent Representative of Fiji to the United Nations.
Satyendra explains how the blue economy creates opportunities that transcend sustainability, exportation, and new jobs - with unlimited potential for humanity and mother earth.
The blue economy is a critical advantage for countries, and they must have a combination of:
A smart approach to a sustainable economy
Financial stability
Human resources
An integrated set of legislated arrangements
Fiji is consulting and working towards a national oceans policy and will soon finish the consultation and launch.
Watch the full video to learn about sustainability vs. commerce, resources, investment, sustainable tourism, with opportunities for supply-chain fidelity offered through blockchain, artificial intelligence, machine learning, and more.
FUN FACT -
America's Marine Economy contributed approximately $373 billion to the nation's gross domestic product (GDP) in 2018.
Saving the World by Aligning Your ROI Goals
Social Impact Investing in the Post-COVID World
On this segment of TheIMPACT, we speak with Andrew Behar, CEO of As You Sow - the company that empowers shareholders to change corporations into a force for good.
Known as the champions of justice and sustainability in all its forms, some of the issues As You Sow focuses on are Climate Change, Environmental Health, Toxic in the Food System, Ocean Plastic, and Social Injustice.
Their different programs focus on analyzing companies using key metrics to find the leaders and lagers as industry best practices are created. These measurements include the overall benefit from shareholders to consumers by mitigating future risk as measured under a specific lens.
Since 2012, they have been involved in pushing the EGS agenda with Mutual Funds by creating general awareness. Such as helping investors align their 401K with transparent values with simple tools like Fossil Free Fund, Deforestation Free Fund, Weapon Free Fund, Equileap (Gender Equality), & Prison Free Funds.
You can become a leader in Social Impact Investing with these THREE simple steps from Andrew:
Proxy voting
Get involved in organizations
Be aware of your mutual funds
Be the change that betters our future and act now!
Proudly presented by FINTECH.TV, the trusted network for investors, businesses, entrepreneurs, governments, and thought-leaders providing the latest interviews, headline news, and special broadcasts from our global team of hosts, contributors, and distinguished influencers.
TO LEARN MORE:
As You Sow response to #BlackLivesMatter and #WalkWithUs Stand - https://www.asyousow.org/
Fossil Free Fund - https://fossilfreefunds.org/
Deforestation Free Fund - https://deforestationfreefunds.org/
Weapon Free Fund - https://weaponfreefunds.org/
Equileap (Gender Equality)- https://equileap.org/
Prison Free Funds - Coming Soon
Aligning Capital Formation & Climate Change
Capital Markets & Climate Change Investing
On this segment of TheIMPACT, we speak with Chris Goolgasian of Wellington Management about the capital markets, climate change, and how to evaluate risk when deploying, managing and re-balancing assets into sustainable investments.
Chris Goolgasian is the Director of Climate Research, Portfolio Manager & Managing Director at Wellington Management.
Wellington Management is bridging the time horizon gap between Finance & Climate Science, with P-ROCC framework.
Chris explains how the capital markets are trained to primarily focus on transitional risk disclosure. Whereas, physical risks can present investors with unplanned and sudden changes, or disruption, to businesses and/or assets.
Transitional risk is the transition to a lower-carbon economy and their risk of technological, social pressure, regulatory, liability, and asset risk.
Physical risk is associated with the physical effects of climate changes in water, availability, sourcing, and quality, food security, and extreme temperature changes.
Wellington Management and CalPERS launched an innovation framework to help executive teams understand physical risk when evaluating the implications of climate change as portfolio and asset managers.
P-ROCC (Physical Risks of Climate Change) framework aims to promote a more informed investment decision for decision makers, portfolio and asset managers through improving the transparency layers on how stakeholder entities disclose their physical vulnerabilities.
This empirical approach to a more sustainable future as measured by investments into the industries most impacting climate change is explained in much greater detail in the video above.
Proudly presented by FINTECH.TV, the trusted network for investors, businesses, entrepreneurs, governments and thought-leaders providing the latest interviews, headline news and special broadcasts from our global team of hosts, contributors and distinguished influencers.
TO LEARN MORE:
Wellington Management - https://www.wellington.com/
CalPERS - https://www.calpers.ca.gov/
Christopher J. Goolgasian - https://www.hartfordfunds.com/fund-managers/chris-goolgasian.html
UNCTAD Sustainable Development Goals and Stock Exchange Initiative
Dr. Anthony Miller, Economic Affairs Officer at UNCTAD, and Dr. Chantal Line Carpentier, Chief, New York, UNCTAD discuss Sustainable Development Goals, the impact of the pandemic, and the Sustainable Stock Exchange Initiative.
COVID IMPACT: World Investment Report 2020
Dr. Chantal Line Carpentier, Chief, New York UNCTAD Office talks with host Vince Molinari about the recently released World Investment Report 2020.