Justmeans: BNY Mellon Creates Solutions for Social Finance
by Vikas Vij
Originally posted on Justmeans.com
Social finance refers to investment activities that generate financial returns and include social and environmental impact. Social finance is more than just socially responsible investing (SRI) or impact investing. Viewed holistically, it is an asset pool that currently stands at $22 trillion globally. It can offer investors an opportunity to protect and grow their financial assets, as well as to support solutions to global challenges.
BNY Mellon, which safeguards one-fifth of the world’s assets, believes that a confluence of social and environmental factors from rapid population growth to climate change and resource constraints are impacting the dynamics of the capital markets. The company believes there is untapped market potential in social finance. Looking into this opportunity, BNY Mellon has released a white paper called “Social Finance at Scale: Creating Value for Investors.”
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For BNY Mellon’s white paper, visit: www.bnymellon.com/socialfinance