Sustainability has a reputation for being a sector populated with compassionate liberals. But bleeding hearts have no place in the world of sustainable finance, according to Vineet Rai, group founder of impact investing firm Aavishkaar-Intellecap.
The Milken Institute is a proud supporter of the Kellogg-Morgan Stanley Sustainable Investing Challenge, a global graduate business school competition that asks student teams to apply capital market tools to innovative business strategies that improve the world.
While defining impact investing remains a work in progress, the number of investors seeking to create social and environmental benefits through their investments is clearly increasing. Kalliope Gourntis spoke with several industry experts about what motivates them and the challenges to be overcome.