reSET and Leadership Greater Hartford will present Beyond Business as Usual: Impact Investing Thursday, October 3 from 7:30 to 9:30 a.m. at the Hartford Club. The meeting is a response to a larger national shift in business away from profit as the only metric of success.
In recent news, the Business Roundtable, an association of American CEOs, publicly stated that the purpose of business is no longer just shareholder value, but is stakeholder value. This includes customer value, treatment of employees, ethical supply chains, care for the community, and the environment.
reSET chose this year’s theme of Impact Investing to involve Hartford-area change agents in increasing their knowledge of this growing field of social change. Impact investing is a mission-driven and community-based strategy that generates a return that includes both a profit and an impact defined by the investor and the business.
This gathering is meant to be a catalyst in creating a financial ecosystem that includes Connecticut investors, lenders, philanthropists, and entrepreneurs around positive and social and environmental impact alongside a financial return.
The event includes a panel of impact investment stakeholders in order to start this important conversation in Hartford with many perspectives. Panelists include:
- Dorothy Adams, Board Chair of Capital for Change and partner with Social Venture Partners Connecticut
- Galia Gichon, Founder of Down to Earth Finance and author of My Money Matters: Tools to Build Peace of Mind & Long-Term Wealth
- Founders of Raise Green, a reSET alumni venture that crowdfunds green projects such as solar panel installations
“There are so many drivers for impact investing coming to the forefront of society right now,” says Sarah Bodley, Managing Director of reSET. “Consumers are using their spending power for good; consequently businesses are thinking differently about their place in community and the impact they can have on their employees and the environment and impact investors are emerging who realize that they can have financial gains while also making a difference.”
She adds, “Right here in Connecticut, our companies are coming up with solutions to problems like food waste, access to renewable energy or essential social services, building community wealth through better employment practices, and more. We’re eager to see Connecticut investors taking an interest in these trends.”
Ted Carroll, President & CEO of Leadership Greater Hartford, believes that “It is the job of leaders to challenge business as usual when social and economic inequities exist and when our very planet is being threatened.”
He points out that volunteers and charitable donations are critical to bringing about community change, but “that we haven’t yet paid enough attention to how we can use our financial investments to generate social returns in addition to financial ones.”
Learn more about reSET
Find out more about Leadership Greater Hartford