SOCAP is excited to announce a new initiative, The Good Capital Project, launching June 19th, 2017 at an event in New York City. The Good Capital Project (GCP) is an integral step in evolving impact investment from an emerging industry into mainstream practice. Through a new design thinking process, we will convene all constituents to drive greater collaboration and accelerate capital flows into purpose-driven investments. The project will focus on generating innovative and sustainable solutions to align the capital markets with the human needs of tomorrow.
This project is the first initiative of SOCAP’s new partnership with a strategic group of mission aligned impact investors and innovators.
Unlock the Potential of the Global Capital Markets
Why aren’t good capital practices mainstream in the global capital markets?
Over the last decade, the sustainable, responsible, and impact investing industry has gained critical momentum. According to a recent Rockefeller Foundation report, the total capital available for positive impact exceeds $287 trillion, while according to Morgan Stanley Institute for Sustainable Investing, only $8.7 trillion is currently allocated. The financial markets need to be prepared for the seismic shift in investor demographics that demand greater alignment of their portfolios with their values. The GCP seeks to unlock this potential and ensure the financial markets become a catalyst for good in the years ahead.
To bring impact investing fully into the mainstream, all constituents must look beyond their sector-specific initiatives and join the effort to solve global challenges with market-based solutions. The Good Capital Project will harness our collective knowledge to change the world.
The Goal of the Good Capital Project
The Good Capital Project (GCP), through a new design thinking process, will convene and leverage expertise from the financial, design, academic, non-profit, governmental and impact communities to drive greater collaboration and accelerate capital flows into purpose driven investments. The GCP will develop common tools, resources and frameworks to align the capital markets with the human needs of tomorrow and produce a cohesive taxonomy and market map to address global challenges through market-based solutions.
The UN Sustainable Development Goals, ESG Metrics, SRI principles, corporate social responsibility, impact investing and philanthropy have provided principles, driven investment and improved corporate governance and sustainability. While each of these valuable approaches are critical threads, a weaving of these threads is required to strengthen and mainstream the industry. The Good Capital Project leverages expertise from the financial, design, academic, non-profit, governmental and impact communities to contribute best practices from existing initiatives to the design of the new fabric of a purpose-driven impact economy.
A Catalyst for Good
Because we firmly believe the financial markets will be a catalyst for good in the years ahead, we have created the Good Capital Project to better serve SOCAP’s mission to convene ideas and capital to catalyze world change
If you are interested in partnering with us or sponsoring the Good Capital Project contact Luc Fagerberg, Director of Corporate Strategy at [email protected].
The Rockefeller Foundation, Situating the Next Generation of Impact Measurement and Evaluation for Impact Investing, 2016
Morgan Stanley Institute for Sustainable Investing, Sustainable Signals: The Asset Manager Perspective, 2016