Tenets to enhance and align practices
21st Century Investing: Driving Systems Change with William Burckart
In their new book, 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change, authors William Burckart and Steve Lydenberg assert that, “investment today has evolved historically from a basic, conventional approach (concern about the risks of security selection and portfolio risk management) to embrace as well sustainable investment (intentionally achieving social and environmental benefits along with financial returns). Building on this integration of sustainability factors, it can now transition to a third stage that recognizes both the power of investments to impact social, financial, and environmental systems and the complexity of the times we live in. We call this system-level investing”.
System-level investors believe that “it is time to support and enhance the health and stability of the social, financial, and environmental systems on which they depend for long-term returns. They preserve and strengthen these fundamental systems while still generating competitive or otherwise acceptable performance.” In this live virtual fireside chat and audience Q&A, Impact Entrepreneur’s Laurie Lane-Zucker welcomes William Burckart to discuss the context, philosophy, and practical implementations of systems-level investing.
William Burckart is the President of The Investment Integration Project (TIIP), a consulting services and applied research firm that provides advice, thought leadership and a turnkey solution to help investors manage systemic risks and opportunities. He has also contributed to the field through groundbreaking research, including the development of market insights and practical guidance for investors and financial advisors in collaboration with the Money Management Institute (MMI); co-editing the New Frontiers of Philanthropy: A Guide to the New Tools and Actors that Are Reshaping Global Philanthropy and Social Investing (Oxford University Press); and helping to write the “Status of the Social impact investing Market: A Primer” (UK Cabinet Office) that was distributed to policymakers at the inaugural G8-level forum on impact investing. Mr. Burckart is a fellow of the High Meadows Institute and co-author of the book 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change (Berrett-Koehler, 2021).
Laurie Lane-Zucker is Founder and CEO of Impact Entrepreneur, LLC, an impact economy business that hosts the Impact Entrepreneur Network — a large, global network of “systems-minded” entrepreneurs, investors and scholars of social and environmental innovation — and publishes Impact Entrepreneur Magazine. For over 30 years, Laurie has been a “pioneer” (Forbes) and recognized leader in sustainability, social enterprise, and impact investing. Laurie was the founding Executive Director of the international environmental organization, Orion Society, which publishes the celebrated Orion Magazine, as well as the founder of a global sustainability think-tank, the Triad Institute, and Hotfrog, a Founding B Corporation, GIIRS Pioneer Company, and the first company ever to complete an equity transaction on an impact investment exchange. Laurie is the bestselling and multiple award-winning publisher and editor of books and magazines on sustainability and social impact, and the author of numerous articles on entrepreneurship and impact investing.