Gustavo Bernal Torres
Long-Run Returns of Impact Investing
Impact investing returns in emerging market and developing economies-
An examination of every equity investment made by the IFC, one of the largest and longest-operating impact investors across 130 emerging market and developing economies, shows its portfolio outperformed the S&P 500 by 15 percent.
Source: https://openknowledge.worldbank.org/handle/10986/34383