The Global Impact Investing Network (GIIN) defines Impact Investing as:
“investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return.” Maximilian Martin of Impact Economy (impacteconomy.com) provides quantification for social conscientiousness versus capital return in his Making Impact Investible disquisition.
The Making Impact Investible tome provides operational definitions using the vernacular of finance that describe investment/financial products that create financial reward in service of energy, sustainable food production and other social goods. The discussion measures dollars in both economic and tax accounting philosophies. It achieves its purpose to bring together thinking on human impact and financial machinery.
Is today’s greater public good subservient to a marketplace measured only in financial return? Does an unfettered free market system diminish social quality or responsibility? Or degrade a municipality? Does a degraded municipality deserve to be eliminated? Did industry cause it? AttorneyTaxLien.com finds intellectual and social fault with a profit motive unattached to environmental and social metrics. Further, we are part of the legal community now forming new techniques to change a business mindset (through L3Cs, PRIs – see related AttorneyTaxLien articles) toward blending profit with clean energy, sustainable food production, expanded communications and an evolving marketplace.
We admire and subscribe to Martin’s framing of the Impact Investing discussion. Please read Maximilian Martin’s Making Impact Investible at link: