Impactful investing...moving beyond ESG to meaningful returns and measurable impacts.
Greetings and welcome to Issue #2 of Impactful Investing!
Please feel free to sign up and share as the more investors that achieve a meaningful return with impact the better for all.
This issues provides an example of Impact investing with HESTA,
We explore what the US of A is up to with regards to renewables?,’
HESTA and Impact Investing - helping society and the environment with an appropriate return.
HESTA has a long history of ESG and Impact investing and currently running some innovative impact investment programs. Specialist impact investment manager, Social Ventures Australia (SVA), in partnership with the South Australian Government, raised $9 million to launch the Bond Program. The money raised came from a number of investors, with HESTA committing $1.5 million through our $30 million Social Impact Investment Trust.
This investment is the latest from the Trust that HESTA established in 2015 with SVA. Our investment in this Trust is one of the single biggest commitments by an Australian super fund to impact investing. One of the aims of the Trust is to help to develop Australia’s currently small impact investing market.
The Bond Program’s objective is to build the independence and resilience of vulnerable people experiencing homelessness. This is done by addressing the complex personal and fundamental causes of their homelessness. Please have a look in detail via HESTA. https://www.hesta.com.au/stories/Investing-with-impact-to-build-a-better-Australia.html
THE US and Renewables
Responsible investing is widely understood as the integration of environmental, social and governance (ESG) factors into investment processes and decision-making. ESG factors cover a wide spectrum of issues that traditionally are not part of financial analysis, yet may have financial relevance. Today, ESG investing has matured to the point where it can greatly accelerate market transformation for the better. As corporations and investors experience growing influence and power, their actions and decisions increasingly shape the future. Provided that political framework conditions based on openness and global rules do not deteriorate further, market-led changes will act as a force for good on a truly massive scale. It’s with great interest we can watch President Trump attempts to stifle the movement as it impacts upon financing the oil and gas sector. Despite the threats Joe Biden has announced a plan to spend $2 trillion over four years to expand the use of renewables.
Campaign officials said they expected to achieve the goal by encouraging the installation of “millions of new solar panels and tens of thousands of wind turbines,” but also keeping in place existing nuclear energy plants. The plan also will call for investing in carbon capture and storage technology for natural gas.
Bloomberg Green profiled Proterra, a US startup that's trying to lead the electric bus revolution in the US. China is currently leading the world in electric buses, with over 420,000 in 2019, compared to a mere 600 in the US. Well worth viewing.
Disclaimer notice
The information contained in this investment note is meant for informational purposes only and is subject to change without notice. The content is provided with the understanding that the authors and publishers are not herein engaged to render advice on legal, economic, or other professional issues and services.