Is Impact-investing a paradox? Is another complex financial structure really the best way to deal with the problems caused by putting too much faith in finance in the first place?
It’s a valid concern, and it leads many in the sector to be forever on their guard, forever defining and redefining what this term, impact, really means.
My guest today knows this challenge well. Jed Emerson has been at the forefront of impact investing’s evolution for many decades, and in his new book he asks us all to think far deeper than simply which fund structure will optimise gains, instead, he wants us to question what is the purpose of capital anyway? At the heart of it, why are we doing this. If it’s simply to alleviate our guilt for extracting profits then that’s not enough.
I’m your host John Treadgold and I’m asking the big questions about the future of sustainable business, the new-economy and how your investment decisions, no matter how big or small, can have an impact.
Jed is a stalwart of the impact scene, he co-authored the first book on impact investing and he coined the concept of Blended-Value some twenty years ago. He’s lectured at Harvard, Stanford and Oxford business schools.
And I’ve always seen him as the conscience of impact investing, and perhaps even the conscience of capitalism, if his latest book is anything to go by.
I really do hope you get as much out of this episode as I did. And I’ll be keen discuss it with you all on LinkedIn and on the Good Future Instagram page.
Drop me a review on iTunes if you liked it. And you can check out all the links and the show notes on my website, www.johntreadgold.com.
Enjoy!