News & Insights

The GIIN to become the new host of the Impact Principles Secretariat

NEW YORK, October 7, 2022 – The Global Impact Investing Network (GIIN), the global champion of impact investing, and IFC, a member of the World Bank Group, announced today that they plan to transfer the host of the Secretariat for the Operating Principles for Impact Management (“the Impact Principles”), a role currently held by IFC, to the GIIN. The Impact Principles’ signatories voted in early September in favor of the hand-over. The transfer of the Secretariat to the GIIN is expected to be completed in the fourth quarter of 2022.

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The Importance of Transparency and Independent Verification

Quoting Diane Damskey, Head of Secretariat, in EVPA's Burning Topics series:

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Investment in social impact increases nearly ten-fold in ten years as social issues exacerbated by the cost-of-living crisis

Big Society Capital has today revealed that the amount of social impact investment in the UK has grown nearly ten-fold over ten years, from £830 million in 2011 to £7.9 billion in 2021.

Data from the social impact investor’s annual Market Sizing exercise – which estimates the value of investments made by UK social impact investment funds since 2011 – shows that the market has seen a steady growth trajectory year-on-year. This continued even after the onset of COVID-19, with a 22% increase between 2020-2021.

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TriLinc Global Named Best for the World by B Lab

TriLinc Global LLC (“TriLinc”) has received the  Best for the World™ – Governance  honors again from B Lab for 2022. TriLinc outperformed in the “Governance” category with an overall score of 117.3 against the median score of 50.9 for the 5000  businesses that completed the assessment.

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