The world is changing! Over the last several years, Environmental, Social and Governance (ESG) criteria have been an emerging focus in the investing world, primarily driven by equity investors where it can be harder for a company raising funds to correlate capital costs with ESG impact. Last month, multinational food-products giant Danone Group and its bank group, led by BNP Paribas, redefined the ESG landscape with a credit facility that is said to directly link borrowing rates to “verified positive impact on the word.”
On July 19-20, 2017, Big Path Capital hosted its 9th annual Impact Capitalism Summit in Nantucket. Mintz Levin is has been proud to serve as a sponsor of the event for the past three years. The Impact Capitalism Summit is the largest convening of investors focused on maximizing impact and maximizing return. This year’s Summit focused on the future of impact investing as the new mainstream. Our own Tom Burton moderated a panel on the power of impact investing as it relates to climate change, highlighting its potential to engage broader, bipartisan engagement of actors across industries.