Impact Investing and WikiPositive

Traditional non-profits are riddled with red tape and insufficient resources these days, and there are some indications that model might not be sustainable in the long run. We are seeing a shift to b-corp model, L3Cs, and a greater emphasis on Corporate Social Responsibility. But non-profits are not trying to make big profits, they are trying to do good above all else, and measuring that impact can be really difficult at times. So what if profit-driven companies started using their powers for good? What if the way we invested money and conducted business could have lasting societal change, rather than merely correcting damage that has already been done to the environment and community?

3Sisters is an example of one company that is trying to do just that. A top- performing investment management company and incubator, 3Sisters invests in companies that demonstrate social and environmental responsibility. Companies must offer products or services that render a positive social or environmental impact, be purpose-driven and leaders in CSR, or demonstrate a commitment to social responsibility throughout their operations that show tangible results. The investments are intended to make a positive and sustainable impact either by directly financing private initiatives supporting sustainability or indirectly by supporting public companies that are contributing to the change for the better. They are making money for their clients but doing so in a responsible way. Who doesn't want to make money and improve the world while doing so?

3Sisters uses wikipositive.org to research social and environmental activities. Unlike most information, which is proprietary and focuses on negative impacts, WikiPositive explores businesses doing good. The site supports job seekers, investors, entrepreneurs, and anyone else looking to learn more about positive initiatives around the world. Households looking to learn more about where their goods and services are coming from can also benefit from the site.

Sounds to me like Slavery Footprint but with a greater scope. The site certainly needs some work and is not very easy to navigate, but it gives a great list of companies for the socially-curious. It is a new initiative, and they are looking for contributors who will support the vision of transparent social and environmental research: send them your thoughts here.