North Sky Releases 2023 Impact Report
Minneapolis, MN – North Sky Capital (“North Sky”), a pioneer in impact investing, has released its 2023 Impact Report, highlighting the firm’s year of growth and investments within its flagship impact secondaries and sustainable infrastructure strategies as the world transitions to a cleaner, more sustainable future.
North Sky’s annual Impact Reports detail how the firm’s investments support the UN Sustainable Development Goals (“SDGs”) and their Target Indicators. This year’s Impact Report focuses on the firm’s contributions to SDG 3 (Good Health and Well-Being), 6 (Clean Water and Sanitation) and 9 (Industry, Innovation and Infrastructure).
This year’s report also spotlights how the firm expects the Inflation Reduction Act (”IRA”) will accelerate the transition toward renewable energy, with examples of the benefits across both of the firm’s strategies.
“With the passage of the IRA and the secular trend of increasing demand for cleaner, greener practices, we have never felt the wind at our back as much as we do today” said Scott Barrington, Chief Executive Officer. “The impact investing ecosystem is dynamic and thriving. The need is vast, but we now have solutions to these problems. We have found what works. It is time to scale.”
“Now in our 24th year, we are proud of our leadership position in private market impact investing,” said Gretchen Postula, Managing Director & Head of Investor Relations. “We continue to enhance and refine our impact reporting methodologies to better quantify the real world impact our investments are achieving.”
For this and previous years’ Impact Reports, along with firm information and other news, visit northskycapital.com.
About North Sky
North Sky Capital is a pioneer in impact investing in the United States. Now in its 24th year, North Sky has deployed more than $1.3 billion across more than 140 impact investments on behalf of its various impact funds. The firm has two flagship investment strategies: impact secondaries (private equity) and sustainable infrastructure (direct strategy). Both strategies support positive environmental and social impact while targeting market rate investment returns. North Sky has been an active impact investor since the beginning of the modern era of private markets impact investing in 2005-6. For more information, visit northskycapital.com.
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