ICG
ICG Institut
2023
🌍 Context of Creation The "Social Impact Investing" praxis guide was created by the ICG Institute, an organization focused on promoting sustainable economic practices and social responsibility. This guide emerges in a time when the global economy has traditionally prioritized financial returns, often emphasizing shareholder value above all else. However, recent events including climate change, the COVID-19 pandemic, social unrest, and economic inequality have spurred a shift in mindset across politics, business, and society. The mounting pressures for sustainability and climate protection are beginning to reshape the operational landscape for companies, including the real estate sector. 🏢 Impact on the Real Estate Sector The real estate industry is increasingly facing stricter regulations and heightened societal expectations, driven by movements such as "Fridays for Future." These changes underscore the urgent need for the sector to contribute positively to climate protection and social justice. The guide addresses the emerging trend of Social Impact Investing, which seeks to redefine investment strategies by incorporating not only financial returns but also the social and environmental impacts of investments. 📈 Introduction to Social Impact Investing Social Impact Investing represents a new, innovative movement that emphasizes stakeholder value and active participation. This investment approach assesses projects based on their potential effects, rather than focusing solely on profitability. The praxis guide outlines the fundamental principles and mechanisms of impact-oriented investments, providing a framework for their application in the real estate industry for the first time. 💡 Key Insights and Mechanisms The guide delves into various strategies for effective Social Impact Investing, emphasizing the importance of measuring both financial returns and social impact. It highlights the necessity for innovation in the capital markets, as stakeholders demand a more responsible approach to investment. By integrating sustainability into their business models, real estate companies can align themselves with broader societal goals, thereby enhancing their market position and fulfilling their responsibilities to the community and the environment. In conclusion, the "Social Impact Investing" praxis guide serves as a critical resource for stakeholders in the real estate sector, offering insights into how they can adapt to the evolving landscape of investment that values both profit and purpose.
DER PRAXISLEITFADEN „SOCIAL IMPACT INVESTING“ DES ICG
In der globalen Ökonomie stand in den vergangenen Jahrzehnten die wirtschaftliche Rendite im Mittelpunkt, regierte allein der Shareholder Value. Der Klimawandel mit all seinen Effekten, die Pandemie mit ungeahnten Auswirkungen, soziale Spannungen und wirtschaftliche Ungleichheit führen zu einem veränderten Mindset in Politik, Wirtschaft und Gesellschaft. Die Rahmenbedingungen für Unternehmen werden zugunsten von mehr Nachhaltigkeit und Klimaschutz neu abgesteckt. Davon ist auch die Immobilienwirtschaft betroffen. Doch nicht nur strengere Gesetze, neue Regulierungen und die „Fridays for Future“- Bewegung erhöhen den Druck auf die Branche, einen Beitrag für den Klimaschutz und mehr soziale Gerechtigkeit zu leisten. Auch der Kapitalmarkt fordert Innovationen. Mit dem Social Impact Investing hat sich eine neue, innovative Bewegung gegründet, die sich über Haltung, Partizipation und klarem Bekenntnis zu Stakeholder Value positioniert und bei Anlageentscheidungen nicht nur die Rendite bewertet, sondern auch die Wirkung, die durch das Investment ausgelöst wird. Im nun vorliegenden Praxisleitfaden werden die Grundzüge und Mechanismen wirkungsorientierter Investitionen erläutert und erstmals auf die Immobilienwirtschaft übertragen.