"The new stance of America’s most powerful CEOs is, of course, welcome. But we will have to wait and see whether it’s another publicity stunt, or whether they really mean what they say. In the meantime, we need legislative reform."
Joseph Stiglitz
Quotes
Results from a study "showed that people with higher wealth were more responsive to financial arguments than moral ones. Prioritising returns is on the one hand what you’d expect from investors in general; at the same time, it’s not what you’d expect if participation in sustainable finance were driven by a charitable impulse."
Source: FT Alphaville
Every human activity produces both positive and negative impacts. Unless we measure and manage the negative along with the positive, we cannot be sure we are achieving our intended net societal and environmental benefits, nor can we take corrective action.
(Adam Bendell, CEO of Toniic on the FT on why Impact investing starts with good intentions, but it cannot end there)
“We see the equity crowdfunding industry changing at an incredible pace and we expect to discover, as a result of this study, an evolved reality vs. the one we unveiled with last year report.”
(Max Lyadvinsky, CEO of Bloomio, on the second edition of 'The State of Equity Crowdfunding Report' they are working on with the IMD Business School)
"Investment crowdfunding platforms are looking to scale by becoming broker-dealers (...). Some may offer other affiliated investment banking type services or secondary trading platforms. Digital assets issued via blockchain based platforms may streamline securities offerings, reducing both friction and cost. There is hope on the horizon." (Crowdfundinsider on Indiegogo exiting equity crowdfunding).
"Responsible investment now commands a sizable share of professionally managed assets in each region, ranging from 18% in Japan to 63% in Australia and New Zealand. Clearly, sustainable investing constitutes a major force across global financial markets." Meanwhile, tighter standards are holding Europe back. (GLOBAL SUSTAINABLE INVESTMENT ASSETS WORTH $30 TRILLION)
"We started by issuing a Code of Conduct, then we made reporting standards mandatory for member platforms. Now, we are offering a third consumer protection tool. These three measures demonstrate how we go above and beyond legal requirements in terms of retail investors’ protection." ( Jamal El Mallouki, Chairman of the board of the German Crowdfunding Association on how they set the new "Transparency Seal", the first self regulatory scheme to protect retail investors within the European market for alternative finance)
