Reflecting on global corporate emissions, it’s notable that among the roughly 40,000 to 45,000 publicly listed companies (as estimated by the World Bank), only about 17% report their direct greenhouse gas emissions or Scope 1 emissions.
While this fraction appears small, these companies are responsible for a substantial 74% of the Scope 1 emissions of all listed companies.
Discrepancies and inconsistencies in the data raise questions about its accuracy, highlighting a critical gap in our understanding and ability to effectively address corporate contributions to greenhouse gas emissions.
The Business of Impact Investing in 2023
Impact investing is a form of investing that believes that every dollar invested can make a difference, while producing a profit. Over the past 20 years, impact investing has undergone a remarkable evolution, driven by a confluence of societal, economic, and technological factors. These influences have propelled impact investing into a crucial mechanism for addressing societal needs, traditionally the domain of public funding. In 2022, the impact investing market sat at US$1,146 billion, growing at a healthy compounded annual growth rate (CAGR) of 29% over the last four years. This special report features interviews with thought leaders in the impact investing space, and offers an insightful perspective on the current and future state of impact investing, its challenges and opportunities, and highlights case studies of investors, social enterprises, and the impact they are having on the world.