fiduciary standards

Karma: Creating an impact investing policy agenda

Impact investors have yet to reach universal agreement on measurement standards, but in the U.S. there is increasing recognition that the policy infrastructure for incentivizing responsible investments needs an update. The Tipping Point Fund on Impact Investing, a $14 million donor collaborative led by the U.S. Impact Investing Alliance and funded by well-known philanthropies, issued grants to eight organizations to come up with the right mix of policy proposals — including tax breaks, fiduciary standards, and funding for CDFIs — to pursue, regardless of who wins in November.