Richard Zimmerman Speaks on Values-Aligned Investing at Nobel Prize Summit
May 26, 2021
In the family office space, impact investing is growing rapidly as affluent families realize there is no time like the present to invest their capital in environmental, social and corporate governance causes. However, there is still room for improvement. To help family offices better understand how they can effectively grow their impact, WE Family Offices Partner Richard Zimmerman utilized his decades of experience helping ultra-high-net-worth families manage their wealth in an impactful, values-aligned way as a featured speaker at the Nobel Prize Summit.
The Nobel Prize Summit, hosted by the Nobel Foundation and titled “Our Planet, Our Future,” brought together Nobel Prize laureates, scientists, policymakers, business leaders and youth leaders. The industry leaders were prompted to explore the question: What can be achieved in this decade to put the world on a path to a more sustainable, more prosperous future for all of humanity? Throughout this three-day virtual event, speakers discussed potential solutions to some of the planet’s greatest challenges, including climate change, biodiversity loss, increasing inequality and technological innovation in support of societal goals.
During his presentation, Zimmerman took the time to address the current state of impact investing. He then explored the ways family offices can help build the impact investing infrastructure to increase scale and support human interventions and technological innovations much further, both in developed countries and also, most importantly, in developing regions. Throughout his speech, Zimmerman emphasized the critical role family offices can play in the impact investing space by bringing in significant capital, supporting the impact ecosystem, helping de-risk investments and encouraging innovation. However, to truly do so, it will cause family offices to work more closely together and build new financial processes and structures.
To learn more about the Nobel Prize Summit, click here.