The three forces driving the Impacttech revolution
Impacttech is everywhere - and Sir Ronald Cohen and Laura Lauder have some ideas on the main factors that are causing its latest boom
James Spiro | 12:03 07.12.2021
“There is a revolution taking place today, an impact revolution,” Sir Ronald Cohen said in his opening remarks as keynote speaker at J-Ventures’ second annual LP Meeting and Investor Conference. “This time, it’s a revolution driven by three very powerful forces.” Sir Cohen joined philanthropist Laura Lauder in a 1-on-1 discussion about impact and leadership, followed by a Q&A session. In its second year, the theme of the 2021 conference was impact investments and ‘Tikun Olam’, the Jewish expression loosely translated to ‘Repair The World’.
According to Sir Cohen, who shared his insights with Lauder, the third force is that this technology helps us measure the impact of companies. “You can measure in dollar terms the impact the companies create on the environment, on their people, through their employment practices, and on the planet through its products. You can compare, in dollar terms, the impact and profits of companies. Take these three forces together, and you have something really powerful driving this impact revolution.”
Lauder, who was steering the conversation between the two, said: "Impact investing has grown to massive proportions - trillions of dollars worldwide - but doing it in community with kindred spirits makes it even more impactful and fun."The J-Ventures conference also announced the launch of J-IMPACT, its first Tikun Olam fund. The firm operates as a collaborative community of leaders with shared values and a network of connected capital. Its fund is backed by 250 experts across a variety of industries and the event had 28 speakers and 400 participants.