Growing Impact Market

We recently held TBLI CONFERENCE NORDIC 2015 in Copenhagen. I thoroughly enjoyed the event.  I want to thank all the great speakers, moderators, and attendees. Very inspiring. Hear two very inspiring ideas:

Arthur Wood of Total Impact Advisors gave a fantastic talk about how  to unlock $1 trillion in money for Impact Investing. He gave us a reality check saying that most of the endowments are not investing in ESG or Impact, but communicating about Impact Investing. He gave a passionate,  clear, understandable analysis of the present situation and how we can create a moon shot program to unlock and allocate investment towards impact. Arthur is always brilliant and funny. Thank you Arthur for your inspiring contribution an actually explaining it in a way that even I understood.

-Years ago, I proposed to the pension funds to offer an opt-out or opt-in option to pensioners regarding ESG commitment. During TBLI in Copenhagen, that idea was being floated around by a private bank as an offering to their HNW client. This would lead to increased money flows into Impact Investing. Fantastic. Perhaps the opt-out or opt-in model will catch on.

See you all at TBLI CONFERENCE EUROPE 2015 in Zurich, November 19-20, 2015.

Sustainable Investment has no value

Since the financial crisis, it seems that no one wants to compensate anyone for services provided. TBLI is inundated with requests for introductions to investors, advice on ESG and Impact Investing, requests for management briefings, strategic partners, job openings, etc. It has reached epic proportions and it is not limited to us. Nearly everyone I speak to confirms they experience the same epidemic of requests for free advice or payment for success.

Why does it seem that anything related to sustainability is not valued and should be given away for free. Other traditional advisors (lawyers, accountants, strategy consultants) are compensated. Do people believe that sustainable investment (ESG and Impact) doesn’t offer any value, so doesn’t need to be compensated?  There doesn’t seem to be any difference between asset owners (family offices, HNW, pension funds), asset managers, social entrepreneurs, etc. All ask the same? “Let’s meet to share experiences”. ” Do you have time for coffee so I can pick your brain?” “I would like to talk to you about a great investment opportunity and would like to access your network and knowledge”.

Some of the Strategy Consultants are a bit more subtle by reaching out at a cocktail party or through an introduction. Then the seduction starts with the ultimate goal of sucking power point slides out of your brain to cut and paste later and sell to clients.

Recently I was approached by a large company asking for help meeting Impact Investors for a large water investment in Europe. I said we could help and would know who they should meet and asked for our time and knowledge to be compensated. They said “We don’t do that. We would be willing to compensate should something happen.” I told him “if you have a backache and you go to a massage therapist, do you say, if my back pain doesn’t come back in 6 months I will pay you.” He laughed and got the message. Still wouldn’t compensate but he got the message.

Sustainable Investment advice has value and needs to be compensated, particularly if you want someone to commit their time and energy.

Time is the most valuable thing a man can spend.

Theophrastus

TBLI Impact

Recently at our TBLI CONFERENCE Asia in Singapore I was approached by Pak Suwardi, owner of PT. Selo Kencana Energi, a private company focused on developing Hydro Electric Power plants in Indonesia.

His business story caught me off guard. During the TBLI CONFERENCE held in Amsterdam in 2009 he saw the keynote speaker who spoke of the devastating effects of climate change to the Arctic melting glaciers.

At that time, Pak Suwardi had investments in coal energy but none in renewable energy because he believed the return would be lower than that of coal fire and the development stages to be more complicated with renewable energy.

Following TBLI Amsterdam, he sold his coal fire portfolio to another company and decided to make their renewable pipeline (hydro power plants) a real project by signing a power purchase agreement with the local authority in 2010.

With his own capital and loans from a local bank, they have completed construction and started to deliver the electricity to the grid in Spring 2014.

“During one year of operation I saw several positive impacts such as reducing national fuel subsidy, an increase in economic activity among the communities in the area and a reduction in poverty and deforestation. We are now doing our own research on social impact measurement,” says Pak Suwardi.

What a testament. Thank you Pak Suwardi for sharing your story of inspiration and how TBLI impacted your life. I imagine there to be so many great ones like this over the years. If you have a story we would love to hear it.

Contact us at conference@tbligroup.com

Come join us at TBLI CONFERENCE NORDIC, June 15-16, in Copenhagen to have your own TBLI Experience.

Argentina Embraces Wholeheartedly ESG & Impact Investing-TBLI Latin Am 2015 huge success

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We held our first TBLI Conference in Latin America and it was spectacular. Excellent speakers, moderators, large number of registrations, and brilliant venue. The Mayor of Buenos Aires, Mauricio Macri, and his team showed great leadership in hosting TBLI CONFERENCE LATIN AMERICA.

I am particularly grateful for their generous support and look forward to working with them in the future. Buenos Aires is a beautiful, welcoming city with great potential to be a centre of excellence in ESG and Impact Investing. Thank you Buenos Aires, the Mayor’s office and Delfina.

TBLI NORDIC 2015 June 15-16, 2015

If you are interested in learning about Value(s) Investing (ESG and Impact Investing). Copenhagen Business School will be hosting our next TBLI CONFERENCE NORDIC.

Register now for TBLI CONFERENCE. Investors receive 1/3 discount (save DKR 3.000)

TBLI is ideal for networking with investors interested in Sustainable Investment.  Ultimately we are creating an global infrastructure for ESG and Impact Investors by educating asset owners and managers

TBLI CONFERENCE NORDIC Program.

Come learn why the financial sector attends TBLI CONFERENCE.

TBLI Conference stands out from other conferences in the standard of value I received during my attendance. The topics covered, quality of contacts made, deals executed and community generated are noticeably better than other conferences I’ve attended. Thank you Mr. Rubinstein for your vision & execution
Ibrahim AlHusseini (The Husseini Group LLC)