[11]Social impact investing has been around for a while growing to a $715 billion market in 2020, according to the Global Impact Investing Network. As ‘impact investing’ has grown over the last decade it has enabled a diverse set of financial instruments with a wider set of organisations to help generate more impact. The winner of the Medium sized enterprise (MNC) ‘Empowerment to Women’ award in the China 2021 Social Impact Awards was Ant Group, an affiliated company of Alibaba. [12] Bruce Allen, “Scaling Social Impact: Trends in Impact Investing,” LinkedIn, 10 June 2021, https://www.linkedin.com/pulse/scaling-social-impact-trends-investing-bruce-allen/. [13] “Can impact investing both solve inequality and bring high returns?,” Financial Times, 24 September 2018, https://www.ft.com/content/2236b95e-9998-11e8-88de-49c908b1f264.

Source: The Guardian January 12, 2022 20:35 UTC