While some industries focus on creating profits for themselves despite the damage they are causing, there are some industries and investors that are taking responsibility by making use of social impact investments. The development today has come at a cost that our nature is paying. With more and more companies being set up every day, more and more natural resources are being used, a high level of pollution is being caused, and the environment is being degraded at an alarming rate. First introduced in 2007, social impact investment was introduced with only one purpose that is to create a positive environmental and social impact and to control the consequences of technology on the environment. These are applicable to both developed and emerging markets. Impact Investments refers to those investments made in organizations and multinational companies with an aim to generate an impactful financial return. Social impact investment challenges on the most basic and old belief that the issues of environment and social care do not matter to investors and are a concern of philanthropists only. This investment aims at providing capital for social and environmental issues while providing basic facilities like housing, healthcare, education, micro-finance, and even sustainable agriculture. These investments also help investors by offering a diverse and large number of opportunities to advance and eradicate social and environmental issues through investments that generate financial returns. The number of investors interested in social impact investments is increasing day by day. To view the full article visit CoinSpeaker.
