Johannes Weber: Impact investing without integrity is just investing
19 jan. 2026
15:51
Impact investing is quietly being diluted, as climate and social mandates give way to “camouflaged” deals – including in defence. That threatens to erode the sector’s credibility, writes Johannes Weber, co-founder of Ananda Impact Ventures.
Impact investing was never meant to be complicated. Use capital intentionally to solve a problem for people or the planet. That was the deal.
For a while, it worked. LPs and GPs found each other, funds were raised, startups were backed, and the industry realised its vision to generate returns while meaningfully improving the world.