Impact Investing Research Lab
The ESG Initiative at the Wharton School
The Impact Investing Research Lab seeks to advance academic research on impact investing. A cornerstone of the Lab is the Impact Finance Research Consortium (IFRC): the IFRC’s database includes not only financial data, but also data on impact measurement, legal governance, organizational climate, and other critical aspects of impact investing.
The world’s leading impact investing research database
In collaboration with Harvard Business School and Chicago Booth, Wharton formed the Impact Finance Research Consortium to advance academic research on impact investing through the creation of the Impact Finance Database (IFD). The first of its kind, the IFD includes not only financial data, but also data on impact measurement, legal governance, organizational climate, and other critical aspects of impact investing.
Great Expectations: Mission Preservation and Financial Performance in Impact Investing
Given the pressure to find liquidity, general partners may face tradeoffs between maximizing financial returns and ensuring the preservation of portfolio companies’ missions. This research evaluates the interplay of liquidity and mission preservation in impact investing using survey data from 53 impact investing private equity funds from around the world.
Impact Investing: When Social Benefits Are in the Contract
Wharton professors Dr. David Musto and Dr. Christopher Geczy in collaboration with Dr. Jessica Jeffers of University of Chicago and Professor Anne Tucker of Georgia State University examine how contracts can be structured differently when investors are trying to make money and make the world a better place.
Edward H. Bowman Professor, Professor of Management
Faculty Director, Impact Investing Research Lab
A Brief History
Recognizing the emerging needs of its students and society at large, Wharton unified several research centers, each with an extensive history of expertise in environmental, social, and governance topics, to form the ESG Initiative on July 1, 2022. A leader in the field of impact investing, Wharton Social Impact Initiative became a part of the ESG Initiative, bringing its cutting-edge research, world-class experiential learning programs, and the Impact Investing Research Lab.
As we build the integrated ESG Initiative website, please refer to Wharton Social Impact Initiative’s website here »