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There's a new way of looking at the world, and it doesn't involve looking at your wallet.
Instead, there's impact investing, which aims to make money that has a "profound impact on society," according to the World Economic Forum's annual list of the world's most socially responsible companies.
Companies that make a positive social or environmental impact are often more successful than those that simply try to make money.
"If you want to make money, you have to make money, and if you want to make money, you have to make money," the chief executive of Mangrove Capital Partners tells Bloomberg.
"You can't make money if you don't make money, and you can't make money if you don't make money."
According to the World Economic Forum, more than 50 impact investment funds have popped up in the European market in the past few years, and the trend is expected to continue.
"The pursuit of profit and the commitment to societal betterment are no longer at odds but are instead moving in harmony towards a sustainable future," the chief executive of Mangrove Capital says.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Utah Clean Energy promotes clean energy policy, renewable energy, and energy efficiency.The Climate Innovation Center was a formerly dilapidated building.The project taught the Utah Clean Energy team...more
"Germany deserves a federal ministry with a new structure" - Helmholtz - Association of German Research Centres.With new federal elections looming in Germany, these developments should serve as a...more
Recent reports indicate alarming vulnerabilities faced by communities, particularly those residing within mountainous terrains.The current focus on incremental changes appears inadequate for enduring...more
Cities battered by climate catastrophes have turned adversity into opportunity, rebuilding smarter, greener, and stronger.From innovative green infrastructure to nature-based solutions, these ten...more
Eni's work in magnetic confinement fusion is a clear example of its commitment to develop proprietary and breakthrough technologies.Eni's culture and tradition of industrial innovation directs its...more
Gulf Shores City Schools named Apple Distinguished School District for technology-supported education - Gulf Coast Media.Gulf Shores School District is one of two in Alabama to receive the award.The...more
In particular, the hotter temperatures and a drier atmosphere can be linked to heat-trapping gases that largely come from burning fossil fuels.For other extreme conditions that led to Los Angeles'...more
Aqua Membranes' 3D-printed spacer technology is a significant advancement in RO membrane design.Field tests demonstrate remarkable improvements in membrane efficiency, leading to higher water...more
New studies are finding the fingerprints of climate change in these wildfires.The hotter temperatures and a drier atmosphere can be linked to heat-trapping gases.But for other extreme conditions that...more
CH4 Global has begun production at what it claims is the world's first commercial-scale facility for growing Asparagopsis red seaweed.The new 'EcoPark' facility in Louth Bay, South Australia, "lays...more
Social Entrepreneurship
Spotlight
Why This Book Needs to be Read By Every Social Entrepreneur
Pedagogy of the Oppressed, a 1970s book by author Paulo Freire, envisions a world not as a given reality, but as “a problem to be worked on and solved.” That mentality is often applied to the greatest social entrepreneurs.