Impact investing, the practice of leveraging private capital for social and environmental gains by making investments that produce social and environmental returns in addition to financial returns, has gained significant steam in the last several years. It has also begun to make inroads into the investment and mission strategies of faith-based institutions and investors.
For millennia, faith traditions have been innovating, adapting worship, theology, and social engagement to bring God to the people of different eras in a changing world and to meet the social needs of the times. Yet how rarely we talk about innovation as faith communities. We tend to consider it a value and expertise of the business or technology sectors, sectors we also tend to view with some skepticism. But the world is changing more rapidly than ever before, and the challenges driving social needs today are becoming more complex. We can’t afford not to talk about this. And, well, innovate accordingly.