Can the world's most powerful CEOs, beholden as they are to tradition, the profit demands of shareholders and Wall Street financial analysts, embrace the concept of the common good and lead their companies in a more people and earth-friendly way?
At least sixty years of investors boycotting the gun trade has yielded zero result. In fact, SRI activism works best when rewarding companies that care about being good, whose products sustain life rather than take it.
Many of us are now embarrassed to say that our religious or moral or political views should and do affect our investment selections. We know the gatekeepers don't want to hear it; and they know that many of their institutional clients definitely don't want to hear it.
You don't just want smart people to manage your money, you want smart people you can trust -- who are comfortable with the 21st century culture of transparency, not the 20th century secretive approach.
The term "Impact Investing" has taken on many meanings in the past few years. I want to end the confusion and underscore that impact investing must by definition deliver impactful and compelling financial returns.
At least once a day at work (and all too often at cocktail parties), I have the opportunity to explain to a newcomer in my field why I think small and growing businesses (SGBs) are key to long-term poverty eradication in developing countries.
I've been studying the human phenomenon of greed for 30 years, and I believe we make a mistake when we accuse the lucky rich folk of being greedy, without realizing that greed is a universal human trait.
For the second part of my series on start-up capital for social entrepreneurs, I've created a list of investors, incubators, networks and other resources that support start-up social ventures in the U.S.