‘Impact investing’ refers to investment with the intention to achieve both a positive social, cultural or environmental benefit and some measure of financial return. This article asks what will it take for the impact investing market to flourish in Australia?
Despite large forecasts, the impact investing market in Australia remains fragmented and immature.
Challenges exist on both the supply and demand sides which are not helped by an under-developed intermediary market.
Government has a critical role to play in helping to establish an enabling environment; there are many international initiatives that can be drawn on and learnt from.