When it comes to environmental, social, and governance (ESG) investing, Europe has been light years ahead of North America. The 2014 Global Sustainable Investment Review noted that 58.8% of European invested assets at the time were invested in a sustainable way, compared to 31.1% in Canada and 17.9% in the United States. In July 2017, Schroders revealed that in its Global Investor Study of Institutional Investors, 58% of pension fund investors in Europe already see ESG as in important consideration—only 21% feel that way in the U.S.Read More
Happy New Year!
It's hard to believe another year is in the books. Below we highlight our most popular blog posts from 2017. We hope you have enjoyed reading our blogs as much as we have enjoyed writing them for you.
-The CCM Team
In 1977, Congress enacted the Community Reinvestment Act (CRA), a law intended to encourage depository institutions to help meet the credit needs of the communities in which they operate, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound banking operations. In 1989, Congress passed the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA), which introduced a four-tier grading system for measuring a bank’s CRA performance and mandated public disclosure of all CRA reviews. In 1995, the regulatory bodies implemented a new “three-pronged” CRA exam that evaluates depository institutions’ performance based on lending, service, and investments.Read More
It’s the season of giving and of honoring those who work diligently to make a positive impact on others. In that spirit, Community Capital Management recently announced that Barrier Free Living Apartments is the winner of its first annual impact awards for 2017 and will receive a $10,000 donation. CCM’s “Impact Awards 2017” featured five impactful bond stories during the year with participants voting for their favorite over the last month. The contest recognizes fixed income impact investments and their multiple positive environmental and social outcomes.Read More
Many impact investors have asked the team at Community Capital Management, “How are you able to customize impact portfolios – especially in a mutual fund? How does it work?”
It’s a great question, and this short video walks through the process from beginning to end.Read More
You’ve heard of Bill Gates, Warren Buffet, and maybe even The Giving Pledge, which requires participants to give away half their wealth. Did you know there is a similar initiative around impact investing? Some of the most influential families around the globe formed a group called The ImPact whose signatories have established a moral commitment to “invest for good.”Read More
The National Alliance to End Homelessness reported that on a single night in January 2015, 564,708 people were experiencing homelessness—meaning they were sleeping outside, in an emergency shelter or in a transitional housing program. The good news is that since then, 33 states concentrated in the South and Midwest in addition to the District of Columbia (D.C.) reported decreases in overall homelessness.Read More
The flagship impact investing bond strategy at Community Capital Management enables investors to target their impact investments whether in a separate account or a mutual fund (CRA Qualified Investment Fund). In our recent webinar, we dedicated time to discussing some of the most frequently asked questions we hear from investors:Read More
In support of Long Term Care Awareness Month, the impact investment pioneers at Community Capital Management (CCM) want to focus this blog on an issue that will become increasingly important in the coming years. While November is the month to shine a spotlight on long term care, at CCM, we address long term care issues in impact investments throughout the year. Of our 17 impact themes, 15% of our targeted investments last quarter were allocated to our impact theme supporting seniors/disabled.Read More
The discussion during a panel titled “Mainstreaming Impact Investing” at this year’s Social Impact Conference sponsored by Wharton’s Social Impact Initiative, focused on millennials and how they are interested in investing with purpose. Christopher Geczy, an adjunct professor of finance at Wharton, noted that he believes we’ve reached a tipping point as more students have enrolled in his impact investing class versus his traditional investment management course.1Read More