Photo: Unbuilders
Impact Investments
We invest a portion of our portfolio in “impact first” projects or funds that offer social or environmental benefits.
As part of our investment strategy, we invest up to 20% of our assets in projects and funds with an “impact first” philosophy.
These proactive investments have a financial return as well as social or environmental benefits. These investments support projects that align with our interests in sustainable, equitable, and socially just land use, fresh water, food lands, built environments, and real estate.
Decisions on impact investments are approved by the REFBC Board of Governors, through the recommendations of the Impact Investment Committee. When choosing investments, the committee considers:
- The projected financial return on the investment
- The geographic scope of the project or fund
- Opportunities to link investments with existing or future grants
- Alignment with REFBC’s interest in sustainable, equitable, and socially just land use
19
active impact investments
$3.1M
is the total value of our impact portfolio
$700K
in 4 new impact investments in 2022-23
“As we build increased momentum in support of a reconciliation economy, Raven Indigenous Capital Partners continues to discover that our investors are truly showing up as genuine partners in the journey. The Real Estate Foundation of BC is a great example of this, as they have paired their capital with encouragement, support, and direct participation in many of RICP’s initiatives and events.”
— Paul Lacerte, Managing Partner, Raven Indigenous Capital Partners