Fear of empty marketing words fostered impact principles: "Our goal has been to make impact investments scalable with integrity"
The International Finance Corporation (IFC) launched nine principles for impact investing in April, which were backed by 60 global asset managers. The objective was to make impact investments scalable with integrity, explains senior staffer of the World Bank division.
In April, the International Finance Corporation (IFC), announced a new industry standard to determine which investments can be characterized as impactful. The foundation consists of nine principles, which aim to establish a common framework for impact investing to flourish as more asset managers launch more dedicated strategies in this space, and more asset owners aim to deliver investment results in addition to their financial output.
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