Why the impact narrative fails with institutional investors – and what needs to change
6 apr. 2026
09:15
Impact has been sold to institutional investors as an opportunity. It should have been sold as risk management, argues Catharina Schröder, founder and CEO of Schröder Invest.
For years, impact has been framed as an opportunity, a way to generate measurable social or environmental benefits alongside competitive financial returns.
Too often, however, impact has been treated within portfolios as a separate allocation, a dedicated strategy, or even a trade-off. That framing is no longer sufficient. In many institutional contexts, it has become counterproductive.