South Africa: Impact Investing - We Must Encourage More Professionals to Enter the Exponentially Growing Sphere

opinion

The Global Impact Investing Network reported that impact investing management increased by more than 40 times between 2016 and 2020, from $15-billion to $715-billion. Despite the local and global uptick in this investment approach, the path to establishing a career in impact investing is anything but transparent.

As the world grows to expect more from the financial services industry, funders and recipients are being compelled to consider the broader impacts of their decisions. This has been influenced by various factors including consumers' increased awareness. For example, 60% of millennials believe that making socially responsible investments is a critical part of one's investment strategy, whereas only 36% of baby boomers have the same belief.

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