Social-impact investing is a mostly misunderstood and underutilized way for a company to support the communities it serves by amplifying its power to pay it forward. But it is on the rise: The Global Impact Investing Network, which advocates for increasing its scale and effectiveness, estimates that the size of the worldwide impact investing market has topped US$1-trillion.investments are made with the intention to generate positive, measurable social consequences.
As a company that’s growing and evolving, we field many questions from other companies about the mechanics of how our social impact fund was constructed and operates. We documented our blueprint in an open This purpose guides all our social-impact investing decisions. For us, this means investing in opportunities that ensure access to financial services is open to everyone.Any leader considering a social-impact commitment must have an in-depth process to review their company’s liquidity and risk tolerance.
In 2022, after a thoughtful and mutual diligence review, Block partnered with NACCA to become the first private investor of the, or IGF, Canada’s largest and most innovative Indigenous social-impact fund.