Positive Impact Investing

1. Front Matter

   Pages i-xxxv

   PDF

2. Positive Impact Investing: A New Paradigm for Future Oriented Leadership and Innovative Corporate Culture

   • Karen Wendt

   Pages 1-26

3. Growing Social Impact Finance: Implications for the Public Sector

   • Mario Calderini, Veronica Chiodo, Fania Valeria Michelucci

   Pages 27-38

4. Understanding Sustainable Finance

   • Olivier Jaeggi, Gabriel Webber Ziero, John Tobin-de la Puente, Julian Fritz Kölbel

   Pages 39-63

5. Could a 100% Portfolio Beat the Market?

   • Lukas Immervoll, Margarethe Rammerstorfer

   Pages 65-96

6. Climate Change as a Topic for Impact Investing

   • Maximilian Horster

   Pages 97-111

7. Green Bonds: A Key Catalyst Within the Broader Subject of Climate Finance Post COP21

   • Frank Damerow

   Pages 113-143

8. Compelling Reasons and Growing Evidence of Positive Impacts from Private Capital Investing in Emerging Markets

   • Patricia Dinneen, Abigail Beach

   Pages 145-162

9. Impact Investing and the “New Green Industrial Revolution”: How to Stop Climate Change Through the Divest-Invest Movement

   • Jochen Wermuth, Clara Vondrich

   Pages 163-175

10. Investments for Development in Switzerland: A Sub-type of Impact Investing with Strong Growth Dynamics

    • Julia Meyer, Kelly Hess

    Pages 177-195

11. Non-rated Impact Bonds on the Austrian Capital Market: The Example of the Don Bosco Ecuador Bond

    • Jasmin Güngör

    Pages 197-216

12. Building a Thriving Ecosystem for Social Enterprise Finance

    • Markus Freiburg, Christina Moehrle

    Pages 217-230

13. The Biological Foundation of an Evolutionary Economy and its Implications for Organizational Culture and Leadership: A New Framework for Strategic Decision-Making

    • Michael Sonntag

    Pages 231-255

14. Management Education as a Crucible for Ethical Social Change

    • Mary Godwyn, Suzanne Fox Buchele

    Pages 257-276

15. Impact Investment: The Real Issue Not Money or Innovation But Change Management

    • Arthur Wood

    Pages 277-296

16. TBLI Makes Dreams Come True: But We Are Not in Cosmetics

    • Karen Wendt, Robert Rubinstein

    Pages 297-304

This book illustrates the impact that a focus on environmental and social issues has on both de-risking assets and fostering innovation. Including impact as a new cornerstone of the investment triangle requires investors and clients to align interests and values and understand needs. This alignment process functions as a catalyst for transforming organizational culture within an organization and therefore initiates the external impact of the organization, but also its internal transformation, which in turn escalates the creation of impact. Describing how culture is the social glue permeating all disciplines of an organization, the book demonstrates how organizational alignment can be achieved in order to allow strategic speed, innovation and learning, and provides examples of how impact can be achieved and staff mobilized It particularly focuses on impact investing, impact entrepreneurship, innovation, de-risking asset, green investment solutions and investor movements to counteract climate change and implementing the United Nations Sustainable Development Goals, highlighting culture, communication, and  strategy.

• Dual loop earning
• Leadership
• Organizational alignment
• Social licence to operate
• Strategic change
• Sustainable strategic speed

• Eccos Impact GmbH, Cham, Switzerland

  Karen Wendt

Karen Wendt is Multiple Entrepreneur, Business Angel, Impact Investing Advisor and scientist lecturing at various universities worldwide about foreign direct investing and impact investing. She has worked as a change, thought and action leader in international investment banking and was among the thought leaders in designing the Equator Principles, the first industry wide framework for de-risking assets form environmental, social and governance risks, creating the first level playing field in finance for eco-social impact measurement and management. The Equator Principles team was assigned the prestigious Financial Times Sustainability Award. Karen has been introducing and using mediation alongside project structuring as a facilitation tool to prevent problems becoming entrenched disputes that may delay or hinder finance.  She introduced and led the Extra-Financial Risk Management Team of a top tier global bank, where she introduced the Equator Principles, Karen started her careerat a major German Bank after working for the European Commission. She holds an MBA from the University of Liverpool. As Member of the Steering Committee of the Equator Principles Financial Institutions Association since its inception. she has undertaken research on impact investing, impact entrepreneurship, investment banking culture, the role of alignment of interests and values and the impact of leadership behavior on trust and value identity and stakeholder engagement. She is the editor of the Sustainable Finance and SDG Economics Book series with Springer Nature.

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