Note: This program is a Live Webinar and Q&A that is accessible from any web-enabled computer or mobile device
Getting Real About Impact: A Fireside Chat with Morgan Simon
Money has the power to destroy, but it can also be an incredibly effective tool for social change. Impact investing – the support of social and environmental projects with a financial return – has become a hot topic on the global stage; poised to eclipse traditional aid by ten times in the next decade. And it has the potential to completely restructure the global economy, making social and environmental responsibility integral to how we move money through society, rather than an afterthought.
Impact investment, however, is at a crucial turning point. As investors focus on growth and acceptance, impact investing is actually in danger of replicating the same mistakes of traditional charity and finance that ii was designed to correct. And without the right guiding principles, it has the potential to do more harm than good. Well-meaning investors can actually lead to more oppression and hardship in the communities they are trying to help.
But there are ways to invest and have real impact: by making sure the communities are involved in the decision-making and ownership of the project, that investors are adding more value than they extract, and that the risk and returns are balanced between the investors and the communities.
In this live, virtual fireside chat, impact investing's Morgan Simon, author of the celebrated book Real Impact: The New Economics of Social Change, joins Impact Entrepreneur's Laurie Lane-Zucker to discuss these issues.
MORGAN SIMON is a widely recognized leader in impact investment who builds bridges between finance and social justice. Over the past seventeen years, she has influenced over $150 billion from high-net-worth individuals, foundations, and endowments. Simon currently co-leads Candide Group, which supports two clients in executing their 100% impact agendas. She is also co-founder and chair of the non-profit Transform Finance.
Previously, Simon served as the founding CEO of Toniic, a global network of impact investors, and as the founding executive director of the Responsible Endowments Coalition. She has worked with the United Nations in Honduras, in corporate reform with ForestEthics, and in domestic microfinance with the Women's Initiative for Self-Employment. She currently serves on the boards of the Restaurant Opportunity Center, The Working World, and CARE Enterprises. A graduate of Swarthmore College, Simon serves as an adjunct professor at Middlebury College's graduate school program. She lives in the Bay Area.
LAURIE LANE-ZUCKER is founder and CEO of Impact Entrepreneur, LLC, an impact economy business, and its Center for Social and Environmental Innovation, where he curates the global Impact Entrepreneur Network of entrepreneurs, investors and scholars, produces educational in-person and online programming with the leading individuals and organizations active in impact economy building, and consults with early stage impact companies, investors and educational institutions. He is an award-winning editor and publisher of bestselling, sustainability-oriented books and magazines, including works by Wendell Berry, Terry Tempest Williams, Barry Lopez and David James Duncan, and is a prolific writer on entrepreneurship and impact investing. He was the founding executive director of The Orion Society, which publishes the acclaimed Orion Magazine, a journal focused on people, nature, and place, and is the former executive director for the Seven Pillars House of Wisdom, a nonprofit organization focused on cultivating wisdom that informs social transformation and environmental healing. He is also the co-founder of the Place-based Education movement, which laid essential groundwork for the emerging practice of place-based impact investing. Lane-Zucker did his undergraduate studies at Middlebury College and Edinburgh University and graduate work at Columbia University and the Bread Load School of English.
This webinar is co-sponsored by Rockefeller Philanthropy Advisors as part of its Scaling Solutions initiative.
Impact Entrepreneur's Luminarias Webinar Series features reflective conversations with the leading lights in impact investing and entrepreneurship.