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Laxman Pai, Opalesque Asia: Investor allocations to impact investing, which targets specific environmental, social, or governance outcomes instead of just screening for ESG risks, now stands at $1.164 trillion, said a study.
According to Global Impact Investing Network (GIIN), more than 3,349 organizations currently manage the industry's $1.164 trillion in impact investing assets worldwide.
Average impact assets under management, per organization, is $485 million, based on a sample of 1,289 organizations, the study said.
Median impact assets under management, per organization, is $62.5 million, based on a sample of 1,289 organizations.
Fund managers account for 63% of organizations in the GIIN's sample, and 61% of directly invested impact assets under management, based on a subsample of 896 organizations.
The report, which was produced with the financial support of Nuveen, also spotlights two major areas of development relevant to impact investing: green bonds and corporate impact investing practices.
GIIN Co-Founder and CEO Amit Bouri described the new market size estimate as a sign of the impact investing industry's "undeniable momentum," when revealing the number during his keynote speech at the forum.
The comprehensive estimate of market size is a foundational data point for the still-growing industry - allowing industry players to compare impact investing to related sustainability-focused investment approaches, track the volume of capital flows...................... To view our full article Click here
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