25 Sep Australia Launches its First Live Impact Investing Database, Innovation
As reported last week, the so-called Current Deals Library was launched Monday by the Impact Investing Hub, offering a public website listing live impact investment opportunities for potential investees.
The site collates basic information about current deals in the impact investing ecosystem, outlining the forecast financial return and social impact of an investment.
With newly developed business models highlighting the profitability of making a social or environmental difference, the Australian impact investment sector is growing and estimated to be worth $32 billion by 2022.
Director of the Social Impact Hub, Jessica Roth said, “the Australian impact investing market is forecast to [continue growing], but the only way this can be unlocked is for investors to have access to information on live deals.”
Roth said this database marked a “ground-breaking shift in how Australians can access the impact investment market”.