We believe that finance is a tool that can create positive or negative outcomes. Right now, most capital is in the hands of profit-maximizing investors, exacerbating harm in many communities. It doesn't have to stay that way – but what will the change look like?
When we formed in 2013, we saw that the rising impact investment movement had great intentions to provide a better alternative to legacy finance, but often focused on marginal tweaks rather than transformative shifts. The openness of investors to change, even if it fell short, provided an opportunity to define what those shifts actually look like using our Transformative Finance Principles. Within impact investing and finance writ large, we work with our stakeholders to make transformative investment happen.
Some of our partners are ready to move capital transformatively, but others are just dipping their toes into Transformative Finance. Our offerings sit at different levels of depth to include everybody, no matter where they are on their journey.
To build Transformative Finance, all stakeholders need to know why things need to be different and see how it is possible. We research, learn, and spread tangible narratives that help investors, social change actors, and change enablers gain perspectives and tools.
How does the field move from knowledge to action? Our convenings, workshops, discussion series, and trainings give investors and change enablers space to collaborate and develop new best practices, such as new investment strategies or funding priorities.
To build up field practices around Transformative Finance, there need to be more concrete examples of it in action. To make this happen, we provide tailored, one-on-one support to asset owners, fund managers, development agencies, foundations, and others to develop and adopt new models, evaluate existing practices, and implement novel frameworks.