Impact Links: Congress Rejects ESG Reporting Proposal; R-factor as an ESG Reporting Solution; NFL Player’s $200m Opportunity Zone Fund; KLM’s and Zara’s Sustainability Plans; Seafood Farm Sustainability; Impact Investment Through Biomimicry

- U.S. Congress rejected a proposal to align ESG reporting requirements with the more rigorous standards applied in Europe. - Bob Eccles discusses the “R-Factor” as a possible market-based solution for ESG reporting standards. - An …›

Impact Links: Best Books for Social Entrepreneurs; The Promise of Impact Investing in India; NY’s Climate Action Plan; Consumers Prefer Sustainable Products; Food-System Finance; Britain Requires Climate Change Disclosures by 2022

- What new challenges lie ahead for impact investing? Antony Bugg-Levine of the Nonprofit Finance Fund and Durreen Shahna of the Impact Investment Exchange discuss them on the Knowledge@Wharton podcast. - Forbes recently published its “Best Books for Social Entrepreneurs” …›

Todd Boudreau to Speak at Impact Capitalism Summit Nantucket

On July 17, MoFo Impact’s Todd Boudreau will moderate “No Longer ‘Alternative’: Building a Diverse Impact Theme Portfolio Through Private Equity” at the Impact Capitalism Summit Nantucket. The Impact Capitalism Summit is a large convening of investors focused on maximizing impact and maximizing return. …›

Impact Links: CDP Report on climate risk; GIIN Annual Survey; Ralph Lauren Sustainability Strategy; Biz Schools Take on Impact Investing; New Flood Risk Database

- A new report by UK nonprofit CDP reveals 215 of the world’s biggest companies face almost $1 trillion in climate change risks, with many likely to hit within the next five years. - The Global Impact Investing Network (GIIN) …›

Introducing the Public Benefit LLC

Four years after Delaware first enacted its Public Benefit Corporation (PBC) statute, the state has taken another step forward in advancing legal entity forms for social enterprises. In August 2018, Delaware added a new legal entity to its code: the Public Benefit Limited Liability …›

Impact Links: Canada Bans Single-Use Plastic; Britain Launches Impact Investing Institute; Omidyar’s Education Investments; Temasek’s New Impact Fund

- What do boards need to know about sustainability ratings? Silda Wall Spitzer and John Mandyck discuss in the Harvard Business Review. - Growing its education investments, Omidyar Network expanded its educational agenda to include investments in both early childhood …›

Impact Links: Generation IM closes $1B fund; Nasdaq launches ESG guide; Catalyst Opportunity Zone Fund; Vanguard’s newest ESG fund; S&P 500 ESG Index

- Generation Investment Management announced a newly closed $1 billion Sustainable Solutions Fund for growth investments. The fund will focus on investments in growth-stage businesses in three areas: 1) planetary health; 2) people health; and 3) financial inclusion. - Nasdaq …›

Benjamin T.R. Fox to speak at NYU Grunin Center

MoFo Impact’s Benjamin T.R. Fox will speak on “New Approaches to Aggregating Capital into the Impact Investing Space” at the annual Legal Issues in Social Entrepreneurship and Impact Investing conference, organized by NYU’s Grunin Center and the Impact Investing Legal Working Group. The session will …›

Impact Links: Newly launched IRIS+ tool; OK passes benefit corporation legislation; Ocean Spray sustainability commitment; New studies show growing interest in impact investing

The Global Impact Investing Network launched IRIS+, a new tool for investors to measure, manage, and optimize the impact of their investments. The tool allows investors to identify evidence-based metrics relevant to impact goals and offers practical guidance on refining their investment strategies. Oklahoma became …›

The Next Generation of Impact for Corporates

Co-chair of MoFo’s Social Enterprise & Impact Investing Group, Suz Mac Cormac, will present on “The New Generation of Impact for Corporates” at the 2019 GSAM Bay Area Women in Treasury Event on May 15, 2019. She will discuss new corporate forms, methods to …›