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
These terms are often used freely, but they aren’t interchangeable. It is essential to understand—and be able to explain—the differences between socially responsible investing and impact investing so investors can make informed decisions.
In their most basic forms, socially responsible investing and impact investing are very similar. They both seek to consider financial return and social good to bring about a social change. Beyond this, though, socially responsible investing and impact investing begin to branch off in different directions.Read More
“Impact investors are those who are conscious of the existence of serious unjust situations, instances of profound social inequality and unacceptable conditions of poverty affecting communities and entire peoples.”
– Pope Francis, “Investing for the Poor” Vatican Symposium on Impact Investing (2014)
Religion and finance are two topics that rarely intertwine in the minds of most investors. They may attend religious services each week and make charitable donations, but then also adjust their portfolios and watch the stock market at other times and for unrelated reasons. With faith-based impact investing, however, investors no longer have to feel like they are living double lives—it is possible to combine your religious values into your investment portfolio and still have the potential to see promising returns.Read More
With the 2017 Atlantic hurricane season upon us, we thought it would be a good time to highlight one of CCM’s seventeen impact investment themes: disaster recovery.
Investors who choose disaster recovery as an impact theme are supporting various community development activities in federally-designated disaster areas and disaster-prone areas to enable the recovery, prevention, or continuation of daily life associated with natural or human-induced disasters.
How does CCM invest in bonds that are helping disaster recovery efforts in the U.S.? Let’s look at three examples below.Read More
The term “green bond” is receiving more and more attention, not only because of the growing demand for ESG investments, but also because the “green” label is so ambiguous. Perhaps the lack of a clear definition is partly a result of the approximately $576 billion universe of unlabeled green bonds. Furthermore, as climate change mitigation and adaptation technologies expand rapidly, a concrete definition for “green bonds” will become increasingly difficult to establish. Fortunately, evaluators are looking at ways to tackle this issue by addressing investors’ demand for a more transparent and clear label.Read More
While social justice has advanced tremendously, racial equality remains far from perfect. In fact, former President Barack Obama claims that the country still faces “unfinished business of the civil rights movement”.  So in honor of Black History Month, this blog post highlights four African Americans who have positively contributed toward social progress in black communities in the United States. Considering the extensive list, we’ve narrowed our selection to include individuals relevant to CCM’s work in impact investing and the advancement of opportunities in low- and-moderate-income communities. We applaud the individuals below for their efforts in finding ways to address this “unfinished business”.Read More
A February 2015 survey by Morgan Stanley found that more than 70% of individual investors are interested in sustainable investing and compared to the overall individual investor population, millennial investors are nearly two times more likely to invest in companies or funds that target specific social or environmental outcomes. Another interesting finding is that female investors are nearly two times as likely as male investors to consider both rate of return and positive impact when making an investment.Read More