After being a speaker at various investing events and conferences in a raw, giving two sessions at Finance Summit was kind of a cold shower. A deep dive back to the traditional world of finance and representing the “new trend” impact investing to the believers of traditional investments, risk and return paradigm.
The interactive workshops and discussion in rather smaller groups was a complement to the larger sessions, allowing delegates to share their collective experiences and to learn how their peers are dealing with similar situations.
I must say that the most of the financial actors are already aware of the necessity of change in the financial industry, however the most are still observing. Some are waiting for stricter regulation and policies to be imposed by government and financial regulator, the others, just don’t have the decision power to move towards impact investing and more sustainable investment. And are forced to follow the existing investment policies.
Well, transformation will take time, courage, visionaries who are able to see the long-term development and lead accordingly through wicked problems. To be successful both, top down and bottom up action are needed.
The first actors will take the advantage in many ways: gaining new clients, keeping the existing ones, motivating employees to stay enriching their jobs with meaning and increasing their loyalty, getting NEXT GENS on board by caring for SDGs (sustainable Development Goals). Last but not least at all, positive returns from Impact Investments -in many cases outperforming traditional investments and having lower volatility and correlation to the market. It is time to move, dear finance leaders!