tamzin ractliffe ne xii presentation to tbli final
DESCRIPTION
TRANSCRIPT
NeXii Global is a social enterprise working to organise, improve and grow the impact capital market through connectivityCopyright 2010 © NeXii Global
impact capital markets ..... for good
the GreaterGood journey to NeXii
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
How do we shift social enterprises
from “niche” actions to a
mainstream economic trend
without losing purpose, mission
and integrity?
Our preoccupation
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
GreaterCapital – 1998
GreaterGood South Africa – 2004
SASIX – 2006
CSR Systems – 2007
GSIX – 2008
SAII: A South African Network for Impact Investing – 2009
NeXii Global – 2010
Commitment to building social and impact
capital markets spans more than 12 years
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
“Ask Africa” Top Ten Most Trusted & Admired NGOs, 2010
Invited member: Clinton Global Initiative, 2010
Winner JV with Cadiz: Principal Officers Association Award for
“Socially Responsible Manager of the Year” 2009 and 2010
Finalists JV with Cadiz: “World SRI Asset Manager Africa Award”
World Finance Banking Awards 2009 & 2010
Convenor of first global meeting for impact investment platforms,
Bellagio 2009
Supported initiation of IIX Asia, SVX Toronto and KSIX
Finalist in the Global Development Networks’ Most Innovative
Development Project Award 2009
Finalists in the Buckminster Fuller Challenge Award 2009
GIBS Social Entrepreneur of the Year winner, 2007
Skoll Foundation Global Social Benefit Incubator Award, 2007
Winner: International ePhilanthropy Award 2005
Credentials
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Our reach
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Has the primary mission being to solve a
significant social / environmental need that is not
being served
Has a sustainable and market-based solution
offering a relevant and desired product or service
Has the ability to deploy and return capital to
investors with a measure of financial return (at a
minimum returning principal – in most instances
providing market ROIs in addition to SROIs
What is impact investing anyway
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Providing the right solutions to organize, improve and
grow impact investing globally by:
Aggregating information, coordinating activity and
maximizing efficiencies through connectivity
Building or supporting intermediation infrastructure
development
Enhancing impact investing practices by supporting
performance measurement and rating standards
NeXii : THE Nexus for Impact Investing
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Copyright 2010 © NeXii Global www.NeXii.com
Numerous efforts around the globe – disparate,
fragmented, duplicative, synergistic, inaccessible
Copyright 2010 © NeXii Global www.NeXii.com
Fantastic growth in impact investment
opportunities
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Microfinance
investment
New investors entering the impact investment
market
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Much of that market is becoming pretty
saturated
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
And whilst we are only reaching the tip of the
iceberg ….
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Others are drowning
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Questions are emerging: does focus on mission
changes with incredible returns?
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
What does this mean for impact
investing and social stock exchanges
How do we use the markets for good?
How do we provide the developing world with real
access to the capital markets for impact investment?
How do we get people thinking beyond short-term one-
dimensional profit
How do we build commitment to a global interest instead
of self-interest?
How to we get investment advisors to realise:
prudence is about process not performance
impact investing offers a range of risk and return opportunities
there is no “free market” – government / regulators always
intervene to make sure markets work for the greater good
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
To what extent can – or will – shareholders
be held accountable for this?
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Principles informing our work are
Innovation in method AND model is necessary to
unlock entrenched problems
We cannot operate in isolation from the entire
ecosystem
Development matters at all levels and requires a
process oriented approach
Stakeholder engagement, consent, education and
advocacy is critical - a license to grow is distinct
from license to operate
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
Copyright 2010 © GreaterGood Group, CSR Systems, NeXii
The way we choose to go will determine the
place at which we arrive
All truth passes through three stages.First, it is ridiculed.
Second, it is violently opposed. Third, it is accepted as being self-evident.
Arthur Schopenhauer German philosopher (1788 - 1860)