ANNOUNCEMENTS
Over the past few years the global awareness and action relating to sustainability on the part of various stakeholder groups including governments, regulatory authorities, consumers, and the media has been increasing. This is visible in many initiatives like the Paris Agreement, the UNGC, and UN Sustainable Development Goals. As public outlook shifts, investors are expected to utilise their influence to move towards acting responsibly with the assets under their management. To this end, we can observe an increasing interest of Wealth Managers, Venture Capitalists, and Private Equity Firms in a subfield of investing, known as Impact Investing, that has a social or environmental cause as its focal point.
While Impact Investing has in one form or other existed for many years, the nomenclature dates to 2008, which is hardly more than a decade ago. Over the past twelve years the movement has been gaining momentum, with even the older and more established Investment Banks and Firms getting involved in the field.
As impact investing is not as old as compared to traditional investing, this working report aims to explore how it is viewed in India, the factors that motivate those investors who are currently involved in it, the policies and rules governing it, and the hurdles that stand in the way.
Key Words: Impact Investing, Private Equity, Venture Capital, Social Impact, PRI
