Prime Role for Ai in Impact Decisions

"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."

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

The Association of Fundraising Professionals Taps Driwaterstone Human Capital to Find ...

If you have a master's degree or equivalent experience in non-profit management, philanthropy, or a related field, and "strong financial acumen, with experience in budgeting, financial management,...more

Create a Multigenerational Donor Base to Capitalize on the Historic Wealth Transfer

If you're in the market for a new donor,Gabriella McKanna at NonProfitPRO.com has some advice: Don't wait until you're in your 70s. "By having this discussion early, you help them engage their...more

Vivalink Launches No-Cost Hospital-At-Home Starter Program for Nonprofits

It's no secret that more and more Americans are turning to home health care, and a new company is hoping to change that.Vivanlink is launching a no-cost program for nonprofits that provides home...more

Fort Worth Considers Handing Management of Nature Center to Garden Nonprofit

The Fort Worth Nature Center and Refuge may soon be in the hands of a not-for-profit. The nonprofit Botanical Research Institute of Texas, or BRIT, has managed the Fort Worth Botanic Garden since...more

Aidan Tansey: Shaping a Future in Conservation through the Voinovich School

When Aidan Tansey started working at the Cincinnati Zoo and Botanical Garden as an administrative coordinator for the animal department, he didn't set out to become an animal behaviorist. But...more

Side Event: Innovative Approaches for Preventing and Controlling Dengue and Other ...

The World Health Organization is calling for improved mosquito-control measures in the Eastern Mediterranean after outbreaks of the mosquito-borne disease dengue killed more than a thousand people...more

Richland County Land Bank Secures $120K State Grant for Swan Cleaners Remediation

For decades, the Swan Cleaners in Mansfield, Ohio, was one of the city's most polluted buildings. Now, thanks to a $120,700 state grant, the city hopes to finally bring the building down, the...more

San Diego awards $4.4M in state grant funding to help homeless individuals stay in housing

San Diego has approved more than $4 million in state funding to help the city's homeless population move into stable housing, KGTV reports. The unsheltered are not lost causes, says Michelle...more

Next Cohort Of Upaya'S Dignified Jobs Accelerator Focuses On Waste And Circularity

If you're an entrepreneur in India who wants to do something about the country's massive piles of plastic waste, you're in luck. The government of India's Department of Economic Affairs has...more

Scottish Healthcare Innovators Encouraged to Apply for Clinical Entrepreneur Programme

If you've got an idea for a new way to deliver health care, the UK's National Health Service has just the program for you. The third year of the NHS Clinical Entrepreneur Program is now open,...more



Social Entrepreneurship
Spotlight



Rwanda as Social Entrepreneur Fund Beneficiary


The Republic of Rwanda has been picked as one of the six African countries as beneficiaries for a new fellowship fund program designed at supporting social entrepreneurs in tackling issues on food security.



Federal Government Grant and Assistance Programs


NATIONAL CENTER FOR RESEARCH RESOURCES, RECOVERY ACT CONSTRUCTION SUPPORT | Environmental Quality and Protection Resource Management | Affordable Care Act (ACA) Tribal Maternal, Infant, and Early Childhood Home Visiting Program | Nuclear Waste Disposal Siting | Demonstration Grants for Domestic Victims of Severe Forms of Human Trafficking | Shenandoah Valley Battlefields National Historic District Battlefield Acquisition and Protection | The Affordable Care Act (ACA): Capacity Building Assistance to Strengthen Public Health Infrastructu | ARRA Prevention and Wellness Communities Putting Prevention to Work Funding Opportunities Announceme | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders