Impact Investment in Action – Insights from the field in Aotearoa

April 29, 2021

Philanthropy New Zealand has released Impact Investment in Action prepared for us by The Connective and funded by WEL Energy Trust.

The research offers a range of learning and perspectives from early participants in four impact investments relating to: Soul Capital (The Awhi Fund), Impact Enterprise Fund, New Zealand Housing Foundation, and Te Pai Roa Tika o Te Taitokerau (which is still in the establishment phase but offers significant learning).

“This report shows the commitment and courage of a range of players (including some of our philanthropic and grantmaking members) in both investing in this early market in Aotearoa, and in openly sharing their learning in this research” – Emma Wethey (Policy & Research Manager).

Some of the insights are that:

  • Philanthropic investors are recognising the opportunity to invest for a just and equitable economy and learning how to “do” impact investment has been a key driver for investors in these case-studies
  • Strong, trust-based partnerships are crucial to success and the key to unlocking transformative impact. For Māori, relationship comes first and then transaction can follow
  • Investors in these early investments have had to invest intuitively based on values alignment and belief in the fund and ventures leaders. A learning mindset has been critical.
  • Measuring, understanding and managing impact is complex but necessary
  • Philanthropic capital continues to be critical in expanding the market.

You can be part of the conversation about impact investment in Aotearoa New Zealand with The Connective’s Jo Kelly and Rangimarie Price at the Philanthropy Summit 2021 by taking part in workshop session: ‘Impact investment in action: Insights from the field.”

Check out the programme here –

Download the executive summary: Impact Investing in Action Report April 2021 – Executive Summary

Download the full report: Impact Investing in Action Report April 2021