WEDNESDAY, MARCH 15TH
7:30 – 8:30 AM | Breakfast & Registration
7:45 – 8:45 AM | Active Owners Working Group Breakfast
8:30 – 8:45 AM | Break
8:45 – 9:00 AM | Board Welcome
Lisa Renstrom, Trustee, Bonwood Foundation and Board Chair, Confluence Philanthropy
9:00 – 10:00 AM | Keynote
10:00 – 10:15 AM | Break
10:15 – 11:30 AM | Plenary: Technology and Disruption: Considerations for Impact Investors
This plenary will highlight the opportunities – and threats- that technology offers as a disruptive force in our collective future. How can mission investors better understand what’s at stake and think more deeply about how the associated issues of robotics, AI, just transition, and the future of renewable energy align with values? How do mission investors capitalize on these rapid changes, while driving them forward in ethical ways?
11:30 AM – 12:00 PM | Community Reflections
Join us to learn from and appreciate Confluence Members’ reflections on the field in an open forum sharing session.
12:00 – 1:15 PM | Lunch
1:30 – 2:45 PM | Concurrent Sessions (Choose one)
Organized with RSF Social Finance
While the broader impact investing market continues to grow, most capital deployed under the banner of "impact" still has little ability or willingness to sacrifice financial returns or to take greater risks in exchange for exceptional social performance. This makes it all the more important for truly impact-led investors – foundations, family offices, donor advised funds, and fund managers – to take the lead in sectors where return vs. impact trade-offs are the reality. Calling into question the conventional wisdom that demonstrating “market rate” performance is the path to scaling capital in the sector, this panel will explore how an integrated capital approach – the coordinated use of grants, loans, and other forms of strategic investment – creates deep, transformative impact. Using an array of financial tools and case studies, we will discuss how foundations and philanthropic initiatives can deepen their impact with an integrated capital approach.
Evaluating Social Impact
Organized with Linked Foundation and Sonen Capital
Funders, investors and asset managers are increasingly interested in – and obligated to – demonstrate the complete impact of their investments – including social and environmental performance alongside traditional financial reporting. While demonstrating financial returns is relatively straightforward, quantifying social returns is often not so clear. In this session we will take a practical look at specific, actual strategies that participating funders and asset managers are using, from frameworks based on the UN Sustainable Development Goals and IRIS outputs; to organization-specific strategies that combine outputs with outcomes to measure social impact; to analyses that utilize science-based climate change benchmarks to evaluate portfolio climate performance. We will discuss the strengths and weaknesses of these frameworks and the information we are able to communicate to our stakeholders as a result.
Waste is the Next Gold Rush: Impact Investing & The Circular Economy
Organized with Hull Family Foundation and Closed Circuit Loop Capital
This session will explore the role of investors in growing the circular economy, across industries, sectors, and waste streams. What is a circular economy? Looking beyond the current "take, make and dispose” extractive industrial model, the circular economy is restorative and regenerative by design. Relying on system-wide innovation, it aims to redefine products and services to design waste out, while minimizing negative impacts. Underpinned by a transition to renewable energy sources, the circular model builds economic, natural and social capital. Case studies include timely & relevant examples from companies & visionaries leading the space in sustainable apparel; compostable packaging + mycelium technology; tire waste, upcycling, & ethical footwear; investing in municipalities' recycling capacity to minimize both material and capital losses.
Investing in Disaster Recovery
Organized with Cambridge Associates and Community Capital Management
Water main breaks result in $2.6 billion worth of lost water every year. Events like Hurricanes Katrina and Harvey remind us that our levees and flood walls were not built to withstand increasingly devastating weather systems. And drinking water has become unsafe for many communities, as demonstrated by the tragic lead poisoning still affecting Flint, MI. How does impact investing respond to these disasters and work to build resilience against future water-related catastrophes.
Maintaining Inclusive Growth in Urban Economic Development
Organized with Pegasus Capital Advisors
This session will explore best practices in urban design and development to ensure inclusive economic growth. In particular, it would focus on revitalization of existing distressed urban areas, while avoiding the negative impacts of typical gentrification. The session will explore key elements of inclusive economic growth (including best practices in community engagement, creating opportunities for the underserved, creating and maintaining wealth within the community, sustainable building and infrastructure design, affordable housing, among others) and discuss case studies that demonstrate both lessons learned and success stories. Metrics and approaches to monitor and evaluate investments in inclusive economic growth would also be discussed.
Tales from the Fire: Food Systems
Organized with Woodcock Foundation
2:45 – 5:15 PM | Free Time
5:15 | Board Buses to Depart for YBCA
6:00 – 7:30 PM | Evening Keynote
6:00 – 7:30 PM | Evening Plenary: Art, Culture, and Impact
7:30 – 9:30 PM | Strolling Dinner
7:30 – 9:30 PM | "Disruptive Fashion" Party
Show off your favorite brand or create your own look. Come dressed in a "disruptive" style and meet those interested in the forefront of sustainable fashion.
9:30 – 10:00 PM| Board Buses and Return to Berkeley