In this episode, Lisa Hehenberger, Director of ESADE Business School’s Center for Social Impact, and a leading voice in Europe’s impact ecosystem, shares her reflections about trends and tensions shaping the sector today. We explore how impact investing is evolving across Europe: from measurement and governance, to the shifting expectations of funders, investors, and social entrepreneurs. Lisa brings deep experience thanks to her journey bridging the worlds of academia and practice, and offers practical guidance on impact measurement: how to start small, why having a theory of change still matters, and how investors can avoid overburdening their investees with reporting. This episode looks at why Europe’s impact ecosystem is one of the most developed today, and what still remains to be done.

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You can also:

• Visit our website: womenchangingfinance.org
• Read Lisa's full bio
• Follow Lisa on LinkedIn

To go further, here are some of the references mentioned during the episode:

• European Investment Fund (EIF) — https://www.eif.org/
• ESADE Business School — https://www.esade.edu/ 
• ESADE Center for Social Impact — https://www.esade.edu/faculty-research/en/esade-center-social-impact
• Impact Europe (formerly EVPA) — https://www.impacteurope.net/
• Rubio Impact Ventures — https://www.rubio.vc/
• Ship2B Foundation — https://www.ship2b.org/
• Qida — https://www.qida.es/
• Suma Capital — https://sumacapital.com/en/
• Impact Shakers — https://www.impactshakers.com/
• Who's Afraid of Gender? by Judith Butler - https://www.penguin.co.uk/books/452776/whos-afraid-of-gender-by-butler-judith/9781802061062