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"There are few people as informed about the latest state of AI developments and its level of adoption in financial services, who have also sat shoes in the shoes of investment managers and asset owners," says Andrew Huang, the founder of Alpha Partners.
That's why the Boston-based investment firm has just launched a new service called Impact Alpha Partners, which uses artificial intelligence to help it identify companies that are making a positive impact on the environment, Forbes reports.
"Impact investing is the next evolution of investment practice," Huang says.
"It requires a theory of change that links such as capital and strategy, with intent to achieve outputs such as social and environmental financial returns and measurable, additional impact."
Michael Kollo, an AI specialist at Alpha Partners, says there are many potential uses for AI in this area, but "rigorous testing and system will be needed given our fiduciary responsibility to clients," and the firm "remains cautious about the known issues with AI, including hallucinations and lack of explainability."
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Students involved with the Dickinson County CEO (Creating Entrepreneurial Opportunities) recently awarded the groupa€™s $1,000 grant to the 4:10 Irish Den in Chapman.High school students in...more
Governor Kelly Announces Nearly $11M for Community Improvements.24 rural Kansas communities will receive a share of nearly $10.9 million through the Community Development Block Grant (CDBG)...more
Foundation: Pine Bluff Area Community Foundation
The Arkansas Game and Fish Commission will close all access to Cane Creek Lake in Lincoln County Feb.10-12.The University of Arkansas at Pine Bluff's Alumni Endowment Scholarship applications are...more
Foundation: Community Foundation of Sarasota County
Sarasota County Schools facilitates the kindergarten through 12th grade Controlled Open Enrollment/School Choice process.The K-12 School Choice enrollment window for the 2025-2026 school year opens...more
Steinbach Arts Council announces additional performance of Fiddler on the Roof.Free culinary workshop series for participants aged 16 and older.Southeast Open Judged Exhibit will showcase artistic...more
Foundation: Community Foundation of Middle Tennessee
Horse Play, Inc.offers recreational and therapeutic riding opportunities to children with physical, mental, developmental, and emotional challenges in Coffee, Franklin, Bedford, and Lincoln...more
Destination Door County's Community Investment Fund has awarded over $1.9 million in grants since the program began in May 2023.Destination Door County President and CEO Jon Jarosh says it has been...more
Foundation: Berrien Community Foundation
Lincoln Township Library will be expanding its new digital lab thanks to a grant from the Berrien Community Foundation.Library Director Joelle Wake tells us they've been awarded a $10,000 For Good...more
Lincoln County group distributes $3.5M to fire, flood victims.The Community Foundation of Lincoln County, through its Shelter Fund, has been at the forefront of helping Ruidoso residents get back on...more
Foundation: Community Foundation for Greater New Haven
GNH/LNV Community Event Calendar | Derby Neck Library - Sunday Lower Naugatuck Valley Community Events Calendar.Sponsored by The Community Foundation for Greater New Haven and The New Haven...more
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Vilcek Foundation
Gates Foundation
Rockefeller Foundation
Barr Foundation
Pine Bluff Area Community Foundation
Community Foundation of Sarasota County
Community Foundation of Middle Tennessee
Berrien Community Foundation
Community Foundation for Greater New Haven
Northern Chautauqua Community Foundation
Social Entrepreneurship
Spotlight
Why This Book Needs to be Read By Every Social Entrepreneur
Pedagogy of the Oppressed, a 1970s book by author Paulo Freire, envisions a world not as a given reality, but as “a problem to be worked on and solved.” That mentality is often applied to the greatest social entrepreneurs.