Posi­ti­on paper #01 / Impact Inves­t­ing, Eng­lish version

This posi­ti­on paper sum­ma­ri­zes a nor­ma­ti­ve con­cep­tu­al frame­work of the Bun­des­in­itia­ti­ve Impact Inves­t­ing (BIII, Ger­man Natio­nal Initia­ti­ve for Impact Inves­t­ing) that offers a dif­fe­ren­tia­ted defi­ni­ti­on of impact-ori­en­ted invest­ment approa­ches. It ser­ves the pur­po­se of agre­e­ing on a defi­ni­ti­on
of “genui­ne” impact inves­t­ing that is on the one hand suf­fi­ci­ent­ly sharp and unam­bi­guous for a clear dif­fe­ren­tia­ti­on from con­ven­tio­nal ESG approa­ches as well as bet­ween dif­fe­rent impact inves­t­ing qualities.