Home
About Us
The Church of England's $10 billion endowment will soon be putting its money where its mouth is.
The church announced in January that it would set aside $100 million to compensate for its role in slavery, the Financial Times reports.
The church's chief investment officer, Tom Joy, says some of that money will be invested in impact investment funds, which aim to achieve social impact rather than maximizing financial returns.
"When I'm talking about the impact-first investments we've made already, what we're really focusing on with that is how we can be catalytic, providing the sort of vital seed capital to impact-focused managers," Joy says.
The Church of England's investment in impact investment funds will be part of a $5 billion global pool of "faith-aligned" impact investment capital, according to a report by the Oxford Faith-Aligned Impact Finance (Oxfaif) project.
The majority of that $5 billion is held by sovereign-backed Islamic finance funds, while another $1 billion is held by private funds devoted to Islamic capital, as well as $300 billion is held by Hinduism, Sikhism, and other Dharmic faiths.
Christian faith-based impact investors hold $260 billion, while their Jewish counterparts hold $16 billion.
Joy says the Church
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more
Report outlines four high-impact intervention areas from education and prevention to surveillance and treatment to guide funders and partners.AMR could cost Asia up to US$700 billion by 2050 and...more
The McGregor Lakes Area Foundation (MLAF) continues to make a meaningful impact by investing in the people and programs that strengthen the region.MLAF is a non-profit 501(c)3 organization based in...more
Leuven's Pilot City Activity aims to decarbonise heating in the city.The new heating systems will rely on green heating technologies that minimise environmental impact by reducing fossil fuel...more
National Planning Secretary Koney Samuel says the government must focus on high impact investments to transform the economy in the next five to 10 years.Mr Samuel said the country cannot afford to...more
ABC Impact, the Asia-focused impact investment firm, has successfully completed the final closing of its second fund at over USD 600 million.ADB's investment in ABC Impact Fund II reflects our...more
Game-changing heart health innovations pitched live at inaugural Catalyst Partnership Grants Showcase.The two-day event, held at the Grand Hyatt on 25 26 March, brought together more than 300 people...more
'Crucial for climate impact': Ag startups from APAC sought for new accelerator programme.Ten founders will be selected, with the programme culminating in a demo day on Thursday, November 6 in...more
ABC Impact's 2024 Impact Review highlights the firm's continued growth and strategic focus across sectors vital to Asia's sustainable development.The firm remains committed to deploying capital into...more
Impact in listed equities can deliver competitive returns, report says.Report by Schroders and the Said Business School.Findings challenge the assumption that purpose-driven investing requires...more
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
