Prime Role for Ai in Impact Decisions


credit: Flickr

"There are few people as informed about the latest state of AI developments and its level of adoption in financial services, who have also sat shoes in the shoes of investment managers and asset owners," says Andrew Huang, the founder of Alpha Partners.

That's why the Boston-based investment firm has just launched a new service called Impact Alpha Partners, which uses artificial intelligence to help it identify companies that are making a positive impact on the environment, Forbes reports.

"Impact investing is the next evolution of investment practice," Huang says.

"It requires a theory of change that links such as capital and strategy, with intent to achieve outputs such as social and environmental financial returns and measurable, additional impact."

Michael Kollo, an AI specialist at Alpha Partners, says there are many potential uses for AI in this area, but "rigorous testing and system will be needed given our fiduciary responsibility to clients," and the firm "remains cautious about the known issues with AI, including hallucinations and lack of explainability."

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Italian Fashion Sector Must Embrace Sustainability to Grow

The Italian fashion sector, contributing 5% to GDP, must embrace sustainability, innovation, and growth to stay globally competitive, according to a CDP report.The study highlights the...more

A Decade of Impact: Exploring Full Vision Capital's Climate Tech Investments

A decade of impact: Exploring Full Vision Capital's climate tech investments | KrASIA features.Chan: "Climate tech investment is not just a business it's about the planet and every individual of the...more

Creative Australia Welcomes Leisa Bacon As Executive Director, Development and Partnerships

Creative Australia has announced the appointment of Leisa Bacon as its new Executive Director, Development and Partnerships.Bacon brings over 20 years of executive leadership experience in major...more

Climate Finance Roadmaps

There is an estimated global climate investment gap of USD 6.1 trillion per year by 2030.Annual climate investments must increase fivefold to keep global temperature rises within 1.5 C by the end of...more

An Impact Investing Syndicate For Underrepresented Founders, A Profile of Daring Capital

Daring Capital is an impact investing syndicate.Its mission is to invest in underrepresented founders building for-profit companies.These include individuals facing poverty, discrimination, or lack...more

Anambra State's Cultural Troupe Emerges Most Creative Cultural Troupe in Nigeria

The cultural festival organised by NAFEST had the various troupes in the country in participation, with the team from Anambra, in an amazing performance and cultural skills, emerging the most...more

Climate Risks Could Slash 7% of Corporate Earnings by 2035

The impact of climate change could drive fixed-asset losses of $560-610 billion per year across listed companies by 2035.The report aims to help business leaders recognise that the longevity of...more

Opportunity Costs: The Problem With Rationalising Creative Output €“Part One

In part one of a three-part article, Rick Heath examines why the Australian arts industry is not valued or invested in appropriately.The potential outcomes are so huge, says Heath.Has arts investment...more

How Funders Can Strategically Invest in the Growth and Impact of Bipoc Nonprofits
Foundation: Venture Philanthropy Partners

Community-based organizations are one of the greatest levers for change, says Gretchen Van der Veer, CEO of Fair Chance.Funders can play a critical role by making strategic investments in nonprofits,...more

Avpn South Asia Summit 2024 Announces Major Cross-Sector Initiatives

'New Realities, New Opportunities': AVPN South Asia Summit 2024 Announces Major Cross-Sector Initiatives.AVPN is the largest network of social investors in Asia.The Summit focuses on addressing South...more


Brittany Merrill Underwood, who took up a teaching position in rural Uganda, has made it her life’s mission to empower marginalized women to “transform the physical and spiritual livelihoods of their families and communities.”



Federal Government Grant and Assistance Programs


Grants to Provide Outpatient Early Intervention Services with Respect to HIV Disease | Law Enforcement Assistance_FBI Crime Laboratory Support | Aging Congregate Nutrition Services for States | Fund for the Improvement of Education | Statewide Data Systems | Rural Child Poverty Nutrition Center | Superfund Technical Assistance Grants (TAG) for Community Groups at National Priority List (NPL) Sit | Tribal Self-Governance Program: IHS Compacts/Funding Agreements | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2025 Copyright Michael Saunders