Category: Impact investing
The country’s Social Impact Investing Taskforce will report by end of year The country’s Social Impact Investing Taskforce will report by end of year The country’s Social Impact Investing Taskforce will report by end of year
Impact investments in Australia have more than tripled over the past two years from $5.7bn to $19.9bn, finds a new study launched by the Responsible Investment Association Australasia (RIAA) today.
The study, Benchmarking Impact, involves 125 Australian investors collectively managing $1,722bn. An overwhelming majority (92%) say that their impact investments are meeting or exceeding their financial return expectations and they’d like to increase their allocation more than fivefold to $100bn over the next five years.
Impact investment products widely offered to Australian investors are dominated by green, social and sustainability (GSS) bonds (A$17bn or 85% of the product universe). The remaining A$2.9bn in impact investments held by Australian investors comprise real assets (A$2.2bn), private debt (A$287m), public equity (A$195m), private equity (A$97m), social impact bonds (A$66m) and “others” (A$44m).
The weighted average annualised r…