Photo by Ruth Hazelwood
We are honoured to have received the MaRS Social Finance “Impact Investor of the Year” award, which “is presented to a Canadian organization or initiative that has created—or demonstrated the potential for creating—positive social or environmental impact through direct investment”. We are grateful to our partner and global leader in impact investing, Oikocredit, for supporting our nomination. And we look forward to continuing to work towards sustainable investing. Receiving this award has prompted us to reflect on why we focus on impact investing and how important it is to continue to promote these investment options in Canada. Impact investments, as opposed to traditional investments, not only focus on achieving strong financial returns, but also on delivering measurable environmental and social benefits. We promote entrepreneurship among women, provide credit to micro and small businesses, and improve access to clean energy, affordable housing and healthcare. Deetken Impact has been successfully investing in triple bottom line (financial, social, environmental) opportunities for the past decade. Our investment funds are designed to promote the achievement of the United Nations Sustainable Development Goals. Specifically, we are helping achieve good health and well-being, quality education, clean and renewable energy, and decent work and economic growth. Promoting Impact Investing is no small task but it is one we are extremely passionate about. Our mandate is to make impact investing more accessible to both Canadian and international investors alike. And not just accredited and institutional investors as it has been traditionally the case. We want to give everyone an opportunity to better align their investments with their values regardless of their wealth and with no sacrifice to financial returns. That’s why financial instruments such as Deetken Impact Bonds, which Canadians can buy from their RRSP and TFSA accounts, are becoming so popular and the preferred option for many individual investors. As Impact Investing becomes more widespread and new investing options emerge, more people can contribute towards making a more sustainable world. We are excited to be part of this journey.