Address at the CAIA Germany Social Business Symposium 2013
Frankfurt, Germany - June 13, 2013
To review the status of the field and identify emerging opportunities, the Chartered Alternative Investment Analyst Association (CAIA) Germany chapter organized the a href="http://events.r20.constantcontact.com/register/event?oeidk=a07e7gyprtz4228eff1&llr=otpkd4kab" target="_blank" class="textlink textlink-link textlink-link2 underline">CAIA Germany Social Business Symposium 2013 , bringing together partners and experts from the field. Impact Economy’s Founder and Global Managing Director Dr. Maximilian Martin gave a special address on how to mainstream social business through impact investing and participated in a panel discussion. With more than 6,500 members present in more than 80 countries, CAIA is the international leader in alternative investment education.
Making Impact Investible: Impact Economy Reports on the Status of the Impact Investment Industry to the G8
London, UK - June 6, 2013
As a part of its G8 presidency this year, the UK Government hosted the first G8 Social Impact Investment Forum to discuss the potential of social investment and bring together major players in the field from across the world that agreed on “Outputs and Agreed Actions”. Coinciding with the day’s activities, Impact Economy and the UK Cabinet Office released the report “Status of the Social Impact Investing Market: A Primer” to conference attendees. The report, written by Impact Economy’s Founder and Global Managing Director Dr. Maximilian Martin, served as an introduction to forum attendees to help facilitate dialogue and knowledge sharing. It outlines the current landscape of the social impact investing market and the trends that are driving a shift towards sustainable capitalism: pent-up demand at the bottom of the pyramid, resource efficiency, and new approaches to the provision of public services. The report also outlines the characteristics of the different players in the industry - from philanthropic investors to early stage investors to the government.
Impact Economy at the Synergos University for a Night and at the Global Philanthropists Circle Annual Meeting 2013
New York City, USA – May 20-21, 2013
The Synergos Institute brought together more than 340 leaders and innovators from around the world for their University for a Night and the Global Philanthropists Circle Annual Meeting 2013 in New York. Attendees shared experiences, ideas, best practices and inspiration for how people and institutions from different places and parts of society can work together to solve poverty and other complex problems. Christian Krüger, a board member of Impact Economy and member of the Global Philanthropists Circle, participated actively throughout the proceedings together with Dr. Maximilian Martin, Founder and Global Managing Director of Impact Economy, who also served as Distinguished Faculty, chairing a dinner discussion on “Impact Investing: Investing for Social Change and Financial Returns”, as well as co-leading a breakout discussion on “Impact Investing for Social Change” at the Annual GPC Meeting.
Training at EBAN’s Annual Congress – Europe’s Answer to Silicon Valley
Vienna, Austria – May 13-14, 2013
The Austrian Angel Investors Association (AAIA) and the European Trade Association for Business Angels, Seed Funds, and other Early Stage Market Players (EBAN) hosted the 13th EBAN Annual Congress & 8th EBAN Awards in Vienna under the theme of “The Role of Angel Investments for Europe’s Prosperity”. Europe is facing an uncertain period: rising unemployment (EU-27 rate at 10.9%, meaning 26,521 million people in March 2013) and a prolonged sovereign debt crisis (gross government debt is about 84.9% in Europe) are leading to social and political instability. Continuing on this path for much longer risks causing ruptures in society that have unknown consequences. Diagnosing the problem is one thing, developing new solutions to generate sustainable growth quite another. Two things are clear though: first, a combined effort is required – civil society, governments, international institutions, as well as the private sector all are expected to contribute their expertise and assets to putting Europe back on a path toward sustainable growth. Second, investing and finance rank among the most powerful tools we have in order to put Europe on a path to long-term prosperity, and investment capital will be key to creating jobs and opportunity. So what is the role of early stage investing? Angel investors are private individuals that invest their own wealth in start-ups of entrepreneurs. Since the financial crisis, banks and venture capital funds have moved to later stage investments where risks are lower; so angel investors are now covering a greater equity gap. A fascinating question is beginning to emerge as we enter the age of impact: to what extent do innovative investment practices that focus on social and environmental impact, in addition to financial returns, contribute to overall sustainability at a scale that matters? And how exactly do angel investors fit into the equation? To explore these and other questions, Impact Economy’s Founder and Global Managing Director, Dr. Maximilian Martin, participated in a panel on the first day on the prospects of Impact Investing, and he co-ran a workshop on “Impact Investing 101: Getting Concepts and Practice Right” on the second day.
Connecting the Dots of CSR, Inclusive Business and Core Business Innovation: Impact Economy Hosts Annual Event in Buenos Aires and Launches New Study in Spanish
Buenos Aires, Argentina – May 10, 2013
At Impact Economy’s second annual event in Latin America, this time with a focus on “Building Economically and Socially Sustainable Businesses”, hosts Agustina O’Farrell, Managing Director of Impact Economy Argentina, and Dr. Maximilian Martin, Founder and Global Managing Director of Impact Economy, welcomed 80 leaders from business, investment and the social sector for an interactive morning session. The assembled group explored how to connect the dots between corporate social responsibility (CSR), inclusive business, and core business innovation, and thereby drive mid- and long-term sustainable value creation. In times of changing operating requirements and strategic necessities with sustainability moving from the margin to the center of business, the session reflected on the findings of a new Impact Economy study on “CSR’s New Deal: A Blueprint for Your First Hundred Days in the World of Impact Economy”, launched by Dr. Maximilian Martin in Spanish at the event. The key question was how to strengthen organizations’ ability to create long-term value for business while tackling longstanding social and environmental issues that stand in the way of overall progress.
Impact Economy at re:publica: On the Link between Impact Investing and Social Entrepreneurship
Berlin, Germany – May 7, 2013
The rapidly growing digital community came together for the re:publica conference in Berlin for its three-day conference on social media and digital society with the theme “IN/SIDE/OUT“. The conference had some 8,000 energetic participants and is possibly Europe’s largest conference on the topic. One of the main questions at the event was: if we work at the intersections of public good and private benefit, where do we get the most out-of-the box innovations and how do we finance them? The answer comes at the confluence of two trends: Social entrepreneurs — a growing force producing innovative, potentially systems-improving solutions that if scaled can make a real difference — and impact investing — making investments with an intentional additional bottom line, achieving both financial and social or environmental goals. So what is the fit between the two? To share insights gathered over a decade of work on these topics, Dr. Maximilian Martin, Founder and Global Managing Director of Impact Economy, joined a panel on “Impact Investing – a New Era of Good-Cause Investors” at re:publica.
Address at the METREX Glasgow Spring Conference: Impact Investing & Sustainable Cities
Glasgow, UK – April 26, 2013
The Glasgow Spring Conference of The Network of European Metropolitan Regions and Areas (METREX) focused on “The Metropolitan Dimension - The State of the Union” and was hosted by the Glasgow City Council and the Glasgow and the Clyde Valley Strategic Development Planning Authority (GCVSDPA). Cities and metropolitan regions, which produce roughly 70% of worldwide greenhouse gas, are in a unique position to address climate change and contribute to the economic reactivation of Europe. Hosts Roger Read (Secretary General, METREX) and Alberto Leboreiro Amaro (President of METREX), governmental organizations, representatives of European Metropolitan Areas, private sector partners and the research community explored a range of key issues related to the comparative advantage that metropolitan regions have in terms of driving long-term urban (re)development, competitiveness and sustainability. Impact Economy is an official partner of METREX and sole promoter and distributor outside the European Union of its tool for strategic carbon planning in metropolitan regions: Regenerative Energy for Metropolitan Areas and Cities (reMAC). In a keynote address, Impact Economy Founder and Global Managing Director, Dr. Maximilian Martin, examined the potential of innovative financing models and impact investment in (re)developing sustainable cities, and joined a subsequent panel discussion with eminent urban expert Prof. Klaus Kunzmann, who has published extensively on the future of European cities, and Dr. Jakob Richter of the Initiative Committee of European Metropolitan Regions in Germany, led by Alberto Leboreiro Amaro, the President of METREX.
Session at the Horasis Global Russia Meeting: “CSR’s New Deal” Study Launched in Russian
Limassol, Cyprus – April 14-15, 2013
More than 300 senior leaders from business and government met at the fourth annual Global Russia Business Meeting, held for the second time since 2011 in Limassol, Cyprus. Held at a time when Cyprus’ economy is at an inflection point and Russia seems the place to be, this two-day gathering has become the foremost annual gathering of Russian business leaders outside Russia. The aim of the event was to stimulate thought and action towards the sustained economic success of Russian firms in a globalized world. The Meeting was organized under the patronage of the President of the Republic of Cyprus, with the Republic of Cyprus and the Cyprus Investment Promotion Agency as co-hosts. The powerful kick-off session included the President of Cyprus Nicos Anastasiades, the Archbishop of New Justiniana and all Cyprus His Beatitude Chrysostomos II, the Russian State-Secretary and Deputy Minister of Agriculture Igor E. Manylov as well as the Chairman of the Bank of Moscow Mikhail V. Kuzovlev and was chaired by the Chairman of Horasis Dr. Frank-Jürgen Richter. The speakers acknowledged the fact that capitalism is at a crossroads and that innovation and an updating of capitalism with new elements, such as a spiritual dimension, would be needed in order to generate sustainable economic growth over the long term. IImpact Economy Founder and Global Managing Director Dr. Maximilian Martin, a pioneer in the space of sustainable capitalism, presented the new Impact Economy study “CSR’s New Deal: A Blueprint for Your First Hundred Days in the World of Impact Economy” during a boardroom dialogue session focusing on “Mutually Beneficial - Sustainability and Growth”. The study features a dedicated spotlight on emergence of Russia as a key player that can help drive sustainable value creation on a global scale.
Impact Economy Presents the Market Revolution in Global Philanthropy to Leading Chinese Entrepreneurs
Geneva, Switzerland – April 5, 2013
Impact Economy participated in the “Sharing and Philanthropy” day of the Chinese training program organized by the Globethics.net Foundation. The presentation to 40 Chinese guests provided key insights about the key theatres of change happening in the philanthropic sector as showcased by the Impact Economy study, “Four Revolutions in Global Philanthropy”, authored by the firm’s Dr. Maximilian Martin. With a population of 1.35 billion (2012), and a rapidly expanding economy fuelled by impressive economic growth rates of 10% in the last 5 years, the People’s Republic of China is the largest emerging country in the world. In spite of much progress and promise, a whole host of challenges issues persist, including significant social and environmental challenges, rising inequality, uneven education, shortages and accelerated urbanization. Effective philanthropic activities by successful Chinese entrepreneurs aiming to give back to society thus have the potential to play an important role to help bring about a truly sustainable and stable future for the Middle Kingdom, driving real impact on regional, national as well as global levels.