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.
Read moreThe Importance of Transparency and Independent Verification
Quoting Diane Damskey, Head of Secretariat, in EVPA's Burning Topics series:
Read moreInvestment 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.
Read moreTriLinc 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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