Now is the time for government, businesses and investors to advance an inclusive economy
The U.S. Impact Investing Alliance, B Lab and a group of 60 impact-oriented organizations have formed the Coalition on Inclusive Economic Growth. This group will push and work with the administration on advancing policies that refocus corporations and investors on real and equitable value creation that promotes quality jobs, thriving communities and the resilience of our planet.
SUMMARY
Who We Are: The Coalition is a broad-based group of 60+ impact-oriented business and investor organizations dedicated to coordinating public and private sector action to generate inclusive economic growth. The organizations represented work on a range of topics, including corporate social and environmental impact, impact investing, community development finance, small business access to capital, worker empowerment and capital markets structural reform.
Our Vision: We believe policymakers have the opportunity to harness the ingenuity of American capitalism to confront the serious, systemic challenges before us as a nation, including racial injustice, economic inequality and the climate crisis. Their success requires coordination across government and the private sector, and we stand ready to partner.
What We Do: The Coalition mobilizes private sector leaders who can deliver innovative solutions for both the Administration and Congress. Through our policy advocacy, we seek to manifest a coordinated, forward-looking approach to the structure and rules governing our capital markets alongside a renewed commitment to invest in strong, sustainable communities.
Policy Focus: The Coalition has articulated a set of commonsense yet transformative recommendations for government action to refocus our economy so that it works for all Americans. These ideas have growing support in the business and investment communities and will foster inclusive economic growth for American workers, communities, and businesses. They include:
A shift from shareholder primacy to stakeholder capitalism, including financial market reforms that change the rules and incentives for corporations and investors to ensure they account for their impact on all stakeholders, and not just shareholders.
A renewed focus on community investing that builds generational wealth and economic opportunity in Black, Brown, Tribal, rural, and otherwise underserved communities.
Interagency Convening on Equitable Economic Growth
The Coalition for Inclusive Economic Growth was officially launched as part of the Interagency Convening on Equitable Economic Growth, hosted by the Department of Commerce and Deputy Secretary Don Graves. The Interagency Convening brought together key voices from the government, business, investor, philanthropic, and advocacy communities to identify and take action on opportunities for collaboration as we strive to implement an inclusive recovery and shape an economic system that works for all.
Impact Capital Managers
Imperative 21
Intentional Endowment Network
Interfaith Center on Corporate Responsibility
Just Capital
Lincoln Institute of Land Policy
National Black Justice Coalition
National Community Investment Fund
Natural Capital Solutions
Nonprofit Finance Fund
Omidyar Network
Opportunity Finance Network
Oxfam America
Pacific Community Ventures
PolicyLink
Predistribution Initiative
Public Citizen
Public Private Strategies Institute
Project Equity
Regenerative Recovery Coalition
Rights CoLab
The Shareholder Commons
The Skoll Foundation
Small Business Majority
Social Finance
Sorenson Impact Center
Toniic Institute
Urban Manufacturing Alliance
U.S. Impact Investing Alliance
1worker1vote
Coalition Signatories
The Alliance Center
American Sustainable Business Network
The Aspen Institute, Business and Society Program
The Aspen Institute, Economic Opportunities Program
Association for Enterprise Opportunity
B Lab
The B Team
Better Markets
Beyond Alpha
Blended Value Group
Capital Institute
Case Impact Network
Center for Community Investment
The Centre for Public Impact
Change Finance
Coalition for Inclusive Capitalism
Common Future
The Community Development Venture Capital Alliance
Confluence Philanthropy
Conscious Capitalism, Inc.
CREO Syndicate
Democratic Treasurers Association
Drucker Institute
FCLTGlobal
Florida for Good
The Global Impact Investing Network (GIIN)
Global Reporting Initiative (GRI)
Green America
Impact Capital Forum
Contact Us
For more information about the proposal or ways to engage, please contact info@impinvalliance.org or policy@bcorporation.net.