1. About Impact Investing
A personal journey
Presentation “Next Gen Academy”
KBC Private Banking
23rd of October 2012
Piet Colruyt
Impact Capital
2. About Impact Investing – A personal journey
Overview
Introduction
A personal journey ?
Content
Impact Investing ?
Inspiring Examples ?
Conclusions
Questionable Conclusions ?
Q&A
Impact Capital
3. About Impact Investing – A personal journey
Introduction – a personal journey “Choosing = losing” ?
Colruyt family:
• Commercial
• Engineers
• Artists
• Priests / Philosophers
And me ?
Who am I ?
Impact Capital
4. About Impact Investing – A personal journey
Introduction – a personal journey “Who am I ?”
I’M . . . .
Impact Capital
5. About Impact Investing – A personal journey
Introduction – a personal journey “Coming out”
2012 = Time to out
• Not as an Artist
• Not as an Engineer
• Not as a Commercial
• As a Priest / Philosopher / Promotor (3P’s)
… to promote Impact Investing
Impact Capital
6. About Impact Investing – A personal journey
Overview
Introduction
A personal journey ?
Content
Impact Investing ?
Inspiring Examples ?
Conclusions
Questionable Conclusions ?
Q&A
Impact Capital
7. About Impact Investing – A personal journey
Content – Impact Investing “Terminology”
Impact Investing
• “Impact investing is an investment strategy whereby an investor
proactively seeks to place capital in businesses that can
generate financial returns as well as an intentional social and/or
environmental goal” (Wikipedia)
• ° U.S.A. in a report from the Rockefeller Foundation in 2007
• Triple Bottom Line, Blended Value, 3 P’s (People, Planet, Profit)
Charity Social Movement
Social
CSR
Social Business
Enterprises Responsible as usual
Impact Capital
8. About Impact Investing – A personal journey
Content – Impact Investing “Finding out”
2010 = time to find out
• In 2010 only, I discovered “I’M….” & “I . . ACT” & “I M P A C T”
• In 2010 only, I discovered this “Impact Investing” universe
• In 2010 only, I discovered “social entrepreneurs” & www.ashoka.org
• In 2011, I discovered SoCap Amsterdam, where I saw a big difference
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
9. About Impact Investing – A personal journey
Content – Impact Investing “Finding out”
The big question since 2010…
Is there a trade off between profit & social return ?
• I’m not 100% sure about the answer
• What I know for sure:
• Not every “Business as usual” has positive (financial) returns ;-)
• Not every “Impact First Investment” is limited to 3%
ROE +0% ROE +3% ROE +6% ROE +12%
ROE -
∞ %
IMPACT FINANCE
ROE >15%
Charity IMPACT INVESTING
Business
FIRST FIRST as usual
Impact Capital
10. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
www.apopo.org www.oyacvba.be www.afripads.com www.korys.be
www.heerlijckyt.org www.triodos.be www.3E.eu www.colruyt.be
www.infirmiersderue.be www.i-propeller.com www.storm.be www.re-vive.eu
www.speelOdroom.org www.ethicalproperty.eu www.cleanenergyinvest.be
www.livingstones.be Impact Capital www.cafedefiennes.be
www.mobileschool.org www.streetwize.be www.evavzw.be www.tblcapital.com
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
11. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
12. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
14. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
16. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
17. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
• consultancy in social innovation
• network of 1.400 social enterprises
• work with & for social entrepreneurs
• launch SI² Fund in november 2012:
“Social Impact through Sustainable Investments"
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
18. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
20. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
22. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
23. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
Mission: “We invest to create sustainable value through our
holistic approach, our craftmanship and our commitment”
Impact Capital
24. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
The big question… Is there a trade off between profit & social return ?
The big discovery… I’m an Impact Investor long before SoCap 2011
7 most inspiring examples…
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Impact Capital
25. About Impact Investing – A personal journey
Content – Impact Investing “Inspiring examples”
Impact Capital
27. About Impact Investing – A personal journey
Overview
Introduction
A personal journey ?
Content
Impact Investing ?
Inspiring Examples ?
Conclusions
Questionable Conclusions ?
Q&A
Impact Capital
28. About Impact Investing – A personal journey
Conclusions “Common Good”
SI² + RE³ = WIN5
• SI² = Social Impact through Sustainable Investments
• RE³ = REtail, Renewable Energy, Real Estate
• WIN5 = WIN-WIN for all stakeholders:
• clients
• employees
• shareholders
• suppliers
• mankind (community, environment, future generations,…)
“Common Good”
Impact Capital
29. About Impact Investing – A personal journey
Conclusions “Common Good”
• Peter Barnes: “Capitalism 3.0” or …
IMPACT FINANCE Business
Charity IMPACT INVESTING
FIRST FIRST as usual
Common Good Capitalism 3.0 Capitalism 2.0
Capitalism 4.0
• Nobel Price Winners: Muhammed Yunus, Christian De Duve
• Lehman Brothers or…
• Adam Smith or…
• Just for profit or…
Impact Capital
30. About Impact Investing – A personal journey
Conclusions “Common Good”
• I’M . . . . ?
I
M
P Thank you !
A piet.colruyt@korys.be
C
T
Impact Capital
31. About Impact Investing – A personal journey
Overview
Introduction
A personal journey ?
Content
Impact Investing ?
Inspiring Examples ?
Conclusions
Questionable Conclusions ?
Q&A
Impact Capital
