Media Center

Investing for Good chief executive Geoff Burnand highlights GIIN in a column about the need for impact investing posted on FTAdviser.com. He writes, "The Global Impacting Investing Network, a non-profit organisation has been launched by Bill Clinton and is dedicated to promoting more effective impact investing among its members. From this it is possible to foresee that an independent rating industry will emerge and underpin the pioneering efforts of these impact investors to build a more efficient and powerful market and attract greater flow from mainstream capital."

Coverage of the GIIN launch at Clinton Global Initiative.

A write up of the GIIN announcement, including President Clinton's edorsement:

"This is one of those deals where nobody knows if it will work, but if it does it will change the future. I feel the same way about this network as I do about climate change, if we can make this economically viable it will change everything. This is of enormous significance and I really like it."

The Global Impact Investing Network and several members are profiled in this week's Economist magazine. The subtitle reads, "You might suppose that financial innovation had done enough damage. But bankers, investors and philanthropists believe it can help the world's poor."

Before the Social Capital Markets Conference September 1-3rd, Matthew Bishop of the Economist wrote:

"Arguably the biggest obstacle to the creation of social capital markets is the lack of a common measure of how much good has been done... The Global Impact Investing Rating System (GIIRS) is the result of collaboration between some of the leading organisations in social capital markets. It includes a set of "impact reporting and investment standards" a much-needed attempt to develop common definitions of the main terms used in social capital markets."