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One of the recent corporate trends has been a growing concern for the social impact of companies' investments. Rather than looking at investments as simply a way to make a profit, both traditional and nonprofit companies are looking for ways to invest that entail a good rate of return on solving social problems as well. The number one question, however, is how to quantify the real social impact of the investments.
Three concepts can be used to help determine this measurement. The first is being consistent across the company regarding the data collected and the metrics used. Second, rather than narrowly focusing on just a few metrics, identify a few general domains of impact, each with its own set of measures. Finally, understand that the process will take time; there are no shortcuts to developing measures unique to one's company.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Researchers at the University of Hawaii have received a $2 million grant to develop a process that could drastically reduce the environmental impact of wastewater treatment, the Honolulu...more
Social entrepreneurs are guided by the same principles start-up founders are concerned with and focus on generating social change or impact.Social impact can bring significant and positive changes to...more
The move speaks to how impact investing remains an important channel for wealth managers to plug into.The move was announced at the World Economic Forum in Davos,...more
Google, Facebook, and other major companies are taking a page from Al Gore's book and putting their money where their mouth is in regard to climate change. In a white paper released Tuesday, the...more
If you're looking for the perfect gift for your significant other this holiday season, we've got the perfect one for you: A one-of-a-kind, life-size Nativity scene complete with Santa Claus and his...more
If you're looking for a safe way to invest in the world's burgeoning "green" debt market, National Bank of Canada has just the thing: green bonds. The bank is offering investors a chance to take...more
Asset manager Nuveen says it has raised $170m for a new fund that aims to make a positive impact on the world, the Guardian reports. The fund, called the Nuveen Climate and Social Credit Fund,...more
Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports. According to the Telegraph, affordable...more
The Blue Revolution Fund has wrapped up its $93 million round of investments, and it's putting its money where its mouth is. The fund, a collaboration between the Nature Conservancy and Hatch...more
"Women innovators and researchers are often disenfranchised from accessing funds for their research and innovations, and in most cases, they do not have the opportunities that are available on the...more
Social Entrepreneurship
Spotlight
Colombian Social Entrepreneur Hopes to Shake and Change the World
Young at 24, Juan David Aristizabal Ospina is a social entrepreneur who founded Buena Nota, a platform that accentuates social entrepreneurs and citizens in Colombia making positive changes and raising awareness about social problems that need to be addressed.
