Impact Investing - Can it Save Capitalism? | Ethical FInance Round Table

This session considers the role of impact investing as we shift from ‘shareholder capitalism’ towards ‘stakeholder capitalism’, with Amy Clarke, Chief Impact Officer at Tribe Impact Capital. See the full session here: https://youtu.be/YHrkPUdZd80

Impact investing is an exciting and rapidly growing industry powered by 1,300+ investors (such as asset managers, foundations, banks, development finance institutions, family offices, pension funds and insurance companies) who are determined to generate social and environmental impact as well as financial returns. This is taking place all over the world, and across all asset classes.

Amy posed the question as to whether we should save capitalism and whether it was the right tool for the challenges ahead, arguing that while impact investing is part of the required system upgrade, it is not the whole solution.

Amy gave examples of several trends she has observed in the impact investing sector, such as the Make My Money Matter campaign. According to Amy changing human capital is coming in the finance sector and the focus on increasing diversity and inclusion will ensure that financial institutions better represent the societies they serve.

One thought that Amy felt would be controversial was that GDP should be laid to rest with real measures emerging as an alternative. Some cities are already transforming using Kate Raworth’s doughnut economy model. Amy concluded with a question around whether capitalism can survive the wave of change coming, or will it emerge as something different?

Amy Clarke

Having studied environmental degrees at University, Amy is deeply committed to helping people understand and embrace the planetary boundaries within which we live, work and play. Amy believes that the fragility of our planet, the ongoing pressures it faces and our place on it can only be solved when we recognise and embrace our impact on it and work with nature, not against it.