Hourglass: transforming the global economy into an impact economy
The Granito Group is exclusively devoted to the impact economy, which pursues financial return alongside positive social and environmental impact.
It encompasses economy-related activities (production, consumption, and trade of goods and services) carried out with the purpose of generating profits and positive impact for all stakeholders and the environment.
Impact economy players move along a spectrum that ranges from causing minimal negative impact to proactively devising strategies that effectively contribute to the welfare of their stakeholders and generate long-term economic value.
Albeit being more comprehensive and inclusive, the Impact Economy concept is related to ideas such as “Conscious Capitalism” (Raj Sisodia and John Mackey), “Sustainable Capitalism” (Al Gore and David Blood) or “Triple Bottom Line” economy (John Elkington).
All operations, transactions, projects, research and policy-advising conducted by the Granito Group are to be executed within the boundaries of the impact economy.
Several trends and surveys indicate that corporate leaders and shareholders have never been so aware of their social responsibility as now:
US$ 64 trillion are managed by mainstream investment funds that have publicly committed to incorporate environmental, social and governance factors into their investment decisions.
(UN Principles for Responsible Investment, 2016)
Globally, there are now US$ 22.89 trillion of assets being professionally managed under responsible investment strategies, an increase of 25% since 2014.
(Global Sustainable Investment Review 2016, GSIA)
The overwhelming majority of impact investors report that their investments have either met or exceeded their expectations for both impact (98%) and financial performance (91%).
76% of millennials (people born between 1980 and 2000) regard business as a force for positive social impact.
(Deloitte Millennial Survey 2017)