not want my epitaph to read, ‘He delivered a 30 percent annual return on investment’
This new system is impact capitalism. It aligns the private sector with government, so that the two work in harmony rather than opposition, harnessing capital and innovation to solve social and environmental issues.
It marries social and environmental impact with profit, overthrowing the tyranny of profit and placing impact firmly by its side, to keep it in check.
Just as venture capital was the response to the investment needs of tech entrepreneurs, so impact investment is the response to the needs of impact entrepreneurs and businesses that want to improve lives and help the planet.
Social Investment Task Force (SITF), which I established in the UK in 2000 at the request of the UK Treasury.
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