Позитивные изменения. Том 3, № 4 (2023). Positive changes. Volume 3, Issue 4(2023)

Following on from their previous book, Portfolio for the Planet, Tammy E. Newmark and Michele A. Pena take stock of EcoEnterprises Fund’s processes and partnerships over two decades and three impact funds. They detail the unique strategies employed by the Fund to invest in expanding sectors such as regenerative agriculture, agroforestry, bio-innovation, and climate tech. Close analysis of the investment processes and company engagements offers practical takeaways, ranging from tips on structuring transactions to guidance on enhancing companies’ environmental and social management systems and community partnerships. These case studies highlight how specific themes — including biodiversity investing, supply chain management, gender-smart investing, climate solutions, and successful exits — form the basis for sustainable growth and enduring powerful outcomes.

This inspiring volume offers practical advice for veterans and newcomers in the field of impact investing. It will also be a valuable resource for students and scholars of sustainable investing and finance, social entrepreneurship, and sustainable business.

https://clck.ru/37Hm6g

3. IMPACT INVESTING IN THE HOSPITALITY INDUSTRY: SOCIAL RESPONSIBILITY AND ECONOMIC BENEFITS

L. Honchar, I. Verezomska, O. Zavadynska, S. Neilenko, N. Sapelnikova, I. Krupa

Paper, October 2023

WSEAS Transactions on Environment and Development

This research investigates the intricacies of impact investing in the hospitality industry and its potential implications for fostering corporate responsibility. The study highlights the pivotal role of impact investing policies in promoting regional economic development and environmental betterment. In the face of pressing global environmental challenges, such as climate change and energy resource scarcity, the study underscores the need for effective measures that positively shape state policy formation. The primary goal of such policy initiatives is to bolster human capital development and ensure the long-term realization of strategic objectives. This holds particular significance for nations with substantial potential in the tourism industry, where the hospitality sector acts as a linchpin for tourism recovery and presents compelling opportunities for impactful investments. As energy shortages and dependence took center stage in 2022, the research calls for the exploration of alternative renewable energy sources and the development of new commodity markets to invigorate energy sector growth. Against the backdrop of the hospitality industry’s postpandemic resurgence, the integration of impact investing emerges as vital for both developing and developed nations. Given the prevailing global environmental crisis, the study underscores the imperative of effective international cooperation mechanisms to tackle environmental challenges, positioning impact investing as a catalyst for achieving sustainable economic development goals, advancing eco-friendly practices, and addressing global environmental imperatives.

https://clck.ru/37jM55

4. ENTANGLED VALUE(S): VALUATION AS CRITIQUE IN IMPACT INVESTING

Kaja Kirstine Hegstad Lilleng

Paper, July 2023

Academy of Management Proceedings

Practices where economic value and environmental value entangle are becoming more prevalent. Impact investing is one emerging approach aimed at boosting long term sustainable solutions. This aim, however, is hampered by economized valuation practices in financial investments and the challenge of assessing impact. The author explores how impact investors attribute value in novel ways. This is done through a qualitative study of early-stage private equity impact investors in the Nordic region, drawing on interviews and field observations. She analyses the emerging valuation process by looking at how impact investors select which objects should be paid attention and qualify values through their critique and criticisms. This highlights practices and assumptions the investors challenge and discard of, and attributes they value instead. The findings show how investors criticise simplified measures and shallow understandings of impact and value frames that can encompass complexity and uncertainty, valuing profound and intentional approaches. Overall, the study contributes insights into new and changing modes of valuation in a highly economized setting. By exploring how financial value and environmental value(s) entangle and shape novel forms of valuation researcher advocates for a better understanding of valuation processes that try to look beyond the financial imagination.

https://clck.ru/37HrFC