Getting Started – The Basics
- Turn Your Money into Real Change (1 min video from G8 Social Impact Investment Taskforce, 2014)
- A Short Guide to Impact Investing (from the Case Foundation, 2014)
- Impact Investing 2.0 (CASE i3, PCV and ImpactAssets, 2013) Exec Summary or Full report
- What You Need to Know About Impact Investing (GIIN)
- Annual Impact Investor Survey 2016 (GIIN, 2016)
How it all Began
- Monitor Group – Investing for Social and Environmental Impact (2009)
- Monitor Group – Emerging Markets, Emerging Models (2009)
- JP Morgan – Impact Investments, An Emerging Asset Class (2010)
- Impact Investing – Emerson and Bugg-Levine (2011)
- CASE i3, PCV and ImpactAssets Impact Investor Report – People and Practices (2012)
- CASE i3, PCV and ImpactAssets Impact Investor Report – Six Dynamics (2012)
- ImpactAssets – Issue Briefs (2012)
Books
- The Impact Investor — Clark, Emerson and Thornley (2014)
- Collaborative Capitalism — Clark, Emerson and Thornley (2014)
- Impact Investing – Emerson and Bugg-Levine (2011)
- The Power of Impact Investing — Rodin and Brandenburg (2014) (Read our review)
- The B Corp Handbook — Honeyman (2014)
- The Blue Sweater — Novogratz (2010)
- The Price of a Dream — Bornstein (2005)
Performance
- Impact Investing 2.0 (CASE i3, PCV and ImpactAssets, 2013) Exec Summary or Full report
- Report on US Sustainable, Responsible and Impact Investing Trends (USSIF, 2016)
- Introducing the Impact Investing Benchmark (GIIN and Cambridge Associates, 2015)
- Great Expectations (Wharton, 2015)
G8 Taskforce reports
- Impact Investment: The Invisible Heart of Markets (2014)
- Private Capital, Public Good: CASE i3’s US National Advisory Board report page, with links to press and other info
- Impact Measurement Working Group Report (2014)
- Impact Measurement Working Group: Guidelines for Good Practice (2014)
- Impact Measurement Guidelines in Practice: Case Studies (2014)
- Asset Allocation Working Group Report (2014)
- Mission Alignment Working Group Report: Profit with Purpose Businesses (2014)
- Policy Levers and Objectives Report (2014)
- See http://socialimpactinvestment.org/ and http://gle.iipcollaborative.org/taskforce-resources/ for other reports and blogs
Impact Investing 2.0 Investor Case Studies (by CASE i3, PCV and ImpactAssets). Full site
- Aavishkaar
- ACCION Texas
- Business Partners Limited
- Elevar Equity
- DeutscheBank MicroFinance I
- Huntington Capital
- Microvest
- RSF Social Finance
- SEAF
- W.K.Kellogg Foundation
Portfolio Approach
- Rockefeller Philanthropy Advisors – Solutions for Impact Investors (2009)
- World Economic Forum – Charting the Course (2014)
- World Economic Forum – Impact Investing: A Primer for Family Offices (2014)
- JP Morgan – Portfolio Approach to Impact Investing (2012)
- Sonen Capital – Evolution of an Impact Portfolio (2013)
- The ImPact – Primers for Families (2016)
Scaling Impact through Enterprise
- Monitor Group – From Blueprint to Scale (2012)
- Acumen and Skoll Centre: Beyond Dialogue: Building Sustainable and Inclusive Business Models in Partnership with Social Entrepreneurs (2016)
- Monitor Group – Beyond the Pioneer: Getting Inclusive Industries to Scale (2014)
- CASE i3 and SJF Institute – Accelerating Impact Enterprises (2013)
- Schwab Foundation – Social Investment Manual (2012)
- USAID – Idea to Impact: A Guide to Introduction and Scale (2015) (comes with a workbook and toolkits)
- Santa Clara University – Coordinating Impact Capital (2011)
Resources for Impact Entrepreneurs
- CASE Smart Impact Capital (2016)
- CASE i3 – Fundraising for Global Health Social Enterprises: Lessons from the Field (2014)
- Big Society Capital – Guidance for Social Sector Organizations
- Social Enterprise UK & Big Lottery Fund – Social Investment Guide (2014)
- Unitus Seed Fund – Resources for Impact Entrepreneurs (2014)
- B Lab site for B Corporation certification
- B Lab site for benefit corporation incorporation
- ANDE Legal Working Group – Entrepreneur Introduction to Term Sheets (2013)
- ANDE East Africa – Legal Working Group Toolkit (2014)
- ANDE Legal Working Group / Open Capital Advisors – Investor-Friendly Best Practices Language for Term Sheets in East Africa (2014)
- Impact Terms Project (2015)
- Social Enterprise Legal Structures Tool (2017)
Pay for Success/ Social Impact Bonds and Policy
- Social Impact Bond Global Database and Interactive Map from Social Finance
- See Nonprofit Finance Fund Pay for Success Learning Hub projects legislation opportunities
- Toby Eccles: Invest in Social Change (10 min video, 2016)
- McKinsey & Co. – Social Impact Bond Report (2012)
- Center for American Progress – Social Finance, a Primer (2013)
- CASE i3 – Environmental Impact Bonds (2013)
- Brookings Institute – The Potential and Limitations of Social Impact Bonds (2015)
- Sample Contracts, RFPs, Legislation on NFF’s Pay For Success Learning Hub
- See Social Finance Industry Publication page
- See Impact Investing Policy Collaborative Resource Library
- See SIB Review
Foundations
- Grantmakers in Health – Guide to Impact Investing (2011)
- Omidyar Network – Priming the Pump Series on SSIR (2012)
- Rockefeller Foundation – Accelerating Impact: Achievements, Challenges and What’s Next in Building the Impact Investing Industry (2012)
- Social Impact Exchange and CASE at Duke – Scaling Social Impact: A Literature Toolkit for Funders (2012)
- See Mission Investors Exchange Knowledge Base
Individual Investors, Angels and Retail
- CASE i3 and Toniic – Toniic EGuide to Early-Stage Global Impact Investing (2013)
- Hope Consulting – Money for Good Report (2009)
- Retail Impact Investment Product List (2016)
Gender Lens
- State of the Field of Gender Lens Investing report
- Project Sage, Wharton (2018-2020)
- Gender Lens investing at Veris Partners (2020)
- GenderSmart Summit
Incubators and Accelerators
- ANDE and Village Capital – Bridging the “Pioneer Gap”: The Role of Accelerators in Launching High-Impact Enterprises (2013)
- Rockefeller Foundation- Accelerating Impact: Exploring Best practices, Challenges, and Innovations in Impact Enterprise Acceleration (2015)
Metrics and Measurement
- Impact Management Project (2020)
- Aeris – Community Investing Impact Metric Set: Guidance Paper for CDFIs (2016)
- Credit Suisse – A New World of Metrics: Trends in Monitoring Social Return (2012), pp.31-34.
- Rockefeller Foundation – Series on Metrics in Impact Investing (2012)
- Harvard Business School – The Limits of Nonprofit Impact: A Contingency Framework for Measuring Social Performance (2010)
- Journal of Sustainable Finance and Investment – Interrogating the Theory of Change: Evaluating Impact Investing Where it Matters Most (2013)
- Purpose Capital – Guidebook for Impact Measurement (2013)
- Big Society Capital – Outcomes Matrix
- Bridges Ventures – The Social Business Frontier (2014)
- OECD – Social Impact Investment: Building the Evidence Base (2015)
- Intermountain Impact Investments – Baker’s Dozen of the Best Reports on Impact Measurement (2015)
- Toniic Directory – online searchable directory with over 1,000 impact investments across all asset classes sourced from the portfolios of Toniic members.
Metrics for Funds
- B Analytics
- Getting Started with IRIS (2013)
- PRISM – Impact Fund Performance Measurement and Reporting
- Bridges Ventures – Impact Report: A Spotlight on our Methodology (2013)
- Impact Measurement the Unitus Seed Fund Way (2015)
Online Directories and Databases
- ANDE research library – publications related to small to medium growth enterprises in developing markets.
- AP Social Finance site – a collection of resources, thoughts, & ideas about the social investment market
- B Analytics – customizable platform for measuring, benchmarking and reporting on impact
- EMPA DFI Directory – PDF report listing 15 Development Finance Institutions investing in emerging markets and their investment criteria.
- Enable Impact – online platform and global network for the social impact community
- GIIN research page – chronological list of new publications
- ImpactAssets 50 – annual selected list of 50 diverse impact investing products
- ImpactBase – searchable online database for impact investment funds (for accredited investors only)
- ImpactSpace – searchable online database for impact investment funds
- Impact Investing Policy Collaborative Resource Library – current and past presentations, events, research reports, and articles from members of the collaborative
- Invest with Values – free curated directory of over 300 resources
- IRIS metrics catalog – a catalog of generally-accepted performance metrics for impact investors
- Job Boards – link to CASE i3’s list of job, intern and fellowship listings
- Mission Investors Exchange Knowledge Base – resources from foundations involved in impact investing
- Mission Investors Exchange Mission Investment Database – database of PRI and MRI investments made on or after January 1, 2010 (members only)
- Nonprofit Finance Fund’s Research & Guides Page – includes resources on nonprofit finance and pay for success
- SOCAP Markets Blog – regular posts from across the diverse field
- Social Finance’s Industry Publication page – includes step by step instructions on creating social impact bonds and pay for success contracts
- Toniic Directory – over 1000 impact investments made by Toniic members, searchable by asset class, impact category, impact theme, impact geography, investment vehicle and liquidity profile.
Glossaries
- Clearly So Glossary – a list of 6 key items in impact investing (UK-centric), with useful twitter hashtags for each
- Impact Terms Project – library of innovative deal terms in impact investment deals
- Mission Investors Exchange Impact Investing Glossary – from acceleration to working capital, a searchable list of common terms used in MRI, PRI and other impact investing.
Guides to Academic Work, Research and Training
- From Innovation to Practice: Impact Investing Education and Training (Beeck Center, 2016)
- CASE Impact Investing Research Group (CASE Linked In Group)
- The Landscape of Social Impact Investment Research (Oxford, 2015)
- Impact and Sustainable Finance Faculty Consortium, managed by Kellogg at Northwestern (for members only, 2020)
Events
- 20 Events to Meet Impact Investors in Europe and USA
- NextBillion Events Calendar
- TriLinc Global Events and Conferences Calendar
- 35 Impact Investing Conferences to Explore
Want more?
- We post new materials as they appear at the CASE Impact Investing Research group on Linked In, and in our weekly e-newsletter, On Impact.
- Omidyar Network has another Impact Investing Resource list.
Hi
Great list so far – I’m not sure I’ve read that many of them. Have recently been doing quite a bit of reading on social investment in the UK but are you focusing on Impact Investing as a separate topic? In terms of your section on Foundations, the following might at least fit with the list: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/193697/2900897_HMGCO_Co-mingling_acc.pdf and https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/386335/2903051_ImpactFoundations_acc.pdf
Thanks, Nicola!
The report our Alternative Commission on Social Investment, published last month, may be worth adding to the list: http://socinvalternativecommission.org.uk/home/wp-content/uploads/2015/03/SS_SocialInvest_WebVersion_3.pdf