Socially Responsible Investing

Socially Responsible Investing

Social venture capitalism, ethical funding, social impact bonds. How can community foundations, banks and individuals invest for economic growth and social good?

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Join our open dialogue on Socially Responsible Investing!

Join our open dialogue on Socially Responsible Investing!

  1. 770 days ago

    Sonia Bianchi

    Check out Tim Nash’s blog in the BC Ideas – Ideas Center!

    http://pulse.changemakers.com/competitions/education/2012/05/bc-ideas/#/all/2012/09/socially-responsible-investing-101/



    • Zeeshan Shah

      Great read for a new comer like myself! Out of curiosity: Is there a way I can find the ESG criteria in detail? For example, what are the laid out rules for “social” criteria etc.?

      767 days ago


    • Timothy Nash

      Hi Zeeshan. The specific indicators are proprietary, but Vancity’s IA Clarington funds describe the social criteria they use as employee relations; diversity; community relations; and human rights. Hope this helps!

      765 days ago


  2. 771 days ago

    April Dutheil

    Northern BC is booming with capital investment of more than $60 billion projected to hit the area in coming years. What internal controls are being used to evaluate socially and ethically responsible investing initiatives taking place in our province? If these mechanisms don’t exist, why and what are some models/solutions to bring this conversation to context?
    Source: http://www.northerndevelopment.bc.ca/about/news/boot-camp-to-help-northern-bc-businesses-bloom-amid-the-coming-wave-of-investment/



    • Rupert Downing

      We’re advocating for a “community benefit” model of procurement with the Federation of Community Social Services of BC. This kind of model has been adopted in Manitoba and Quebec for at least some of those Province’s contracting.

      770 days ago


    • April Dutheil

      Hi Rupert- Do you have some examples or literature to share on this model? Thanks!

      770 days ago


    • Rupert Downing

      Hi there, April. The link to our draft report is here http://www.communitycouncil.ca/pdf/Toward_a_Community_Benefit_Model-Summary.pdf

      769 days ago


    • Rupert Downing

      The report mainly deals with community social services, however the general analysis and some of the examples are relevant to large scale capital projects…Manitoba flood control e.g.There is precedent in BC from the Vancouver Olympics.

      769 days ago


    • April Dutheil

      Thanks Rupert. I will add this to my reading list.

      758 days ago


  3. 772 days ago

    April Dutheil

    What role can business play in building community?

    http://www.vancouversun.com/Opinion/Op-Ed/Opinion+Engaging+building+community+critical+business/7245698/story.html



  4. 773 days ago

    Rupert Downing

    We’re working on a “community investment fund” model here in the Capital Region (http://www.communitycouncil.ca/initiatives/cif.html). Have been very impressed with the experience of the Nova Scotia Community Economic Development Investment Funds. Are cautious so about the costs of running a fund according to Securities Commission regulations. Does anyone have experience/advice on these kinds of social financing vehicles ?



    • Timothy Nash

      Looks like a great initiative, Rupert! I’ve seen a few similar models here in Ontario, but I know the rules are different in each province. Hopefully Maureen has more knowledge about the costs/regulations in BC.

      772 days ago


    • April Dutheil

      Have you looked at the Centre for Social Innovation’s success with building a community investment fund? They’re based in Toronto, and expanding to NY http://socialinnovation.ca

      772 days ago


    • Timothy Nash

      CSI has recently launched http://communitybonds.ca/ which is full of great resources. However, I think Rupert is building an equity-based model instead of a debt-based (bond) model, so not sure how helpful it will be. Is that right, Rupert?

      769 days ago


    • Rupert Downing

      Thanks Timothy, that’s a great resource. Our preference is equity but we are looking at both models. Our favourite example is New Dawn in Cape Breton http://newdawn.ca/cedif-2012/ Thanks April we’re in touch with CSI and they have done a great job with theirs. Ours is intended to have a portfolio of assets/investments with periodic issuing of statements of offering and RRSP eligibility.

      769 days ago


  5. 773 days ago

    Timothy Nash

    Hi Everyone!

    A big thanks to Sonia and everyone at BC Ideas for creating this space. I look forward to this discussion!



    • April Dutheil

      Welcome Timothy!

      772 days ago


  6. 773 days ago

    Donna Morton

    The role of governments ought to be to offer more rewards, tax benefits, supports to people and companies who invest in this space. GIIRS, B corp and other certifications might be rewarded by governments, celebrates by government agencies.

    Crowd funding can allow everyone to play a role in supporting new ventures and scaling companies whose growth can make great changes in our communities.



  7. 773 days ago

    Sonia Bianchi

    Welcome to this weeks discussion on Socially Responsible Investing. We will be joined by Bob Walker of NEI Investments, Timothy Nash from Strategic Sustainable Investments and Maureen Cureton from Vancity!

    Blog by each leader will be featured in out BC Ideas – Ideas Center http://www.bcideas.ca

    Thank you all for joining!