Research

BC Social Venture Market Study

BC Social Venture Labour Market Study, 2015

Social ventures play an important role in the political and economic landscape of British Columbia. They operate between the private and public sectors through a broad range of community, not-for-profit, and business activities that create social or environmental value in support of community regeneration, sustainable growth, more inclusive wealth creation, and active citizenship, for example.

Little information exists on the social venture sector in British Columbia. As such, this research study serves as a benchmark by offering insight into B.C.’s social venture sector from a labour market perspective. It provides information on the key issues and challenges facing social ventures and offers recommendations on the actions needed to facilitate further development of the sector across the province.

Demystifying Impact Investing

Demystifying Impact Investing

Authors: Jana Sveodva, Alfonso Cuyegkeng, Dr. James Tansey

Impact investing has emerged over the last decade as one of the most talked about new strategies for tackling social and environmental problems. The emergence of the concept has been accompanied by a great deal of hype and a confusing array of competing definitions of impact investing.

The purpose of this report is to evaluate the size, scope and scale of the impact investment sector. We sought to answer several core questions. Firstly, rather than seek to develop a single comprehensive definition of impact investing, we have differentiated between investments on the basis of whether they seek to generate financial returns comparable to traditional investments with the same risk profile or whether they also accept lower financial returns to achieve higher social returns. To add a further layer of differentiation, we also distinguish between investments that focus on creating impact in developed and developing country markets. This approach allowed us to categorize the forms of capital and the geographic focus. Next, we sought to develop a clearer picture of what constitutes a market rate of return in impact investing and how this compares to traditional investments. We also examined the difference between targeted and realized rates of returns in impact investing to assess the performance of this investment category