SVX Announces Impact Index at Toronto Stock Exchange
First cohort of Impact Index+ products also announced, representing a wide range of sectors, geographies and types
FOR IMMEDIATE RELEASE
TORONTO, ONTARIO, April 17th, 2024 —Yesterday, SVX announced the launch of the SVX Impact Index at the Toronto Stock Exchange, marking a significant milestone in the organization’s impact investing journey.
The SVX Impact Index is a comprehensive database featuring the universe of current private impact offerings that are available to Canadian investors. It is the third generation of the SVX platform that was first developed in 2007. The Impact Index features a diverse range of debt and equity opportunities from private equity funds to housing bonds, providing a single access point for impact market information for asset owners, asset managers, researchers, and other key stakeholders in the impact investing ecosystem.
The Index also allows investors to gain access to Impact Index+, a group of qualified private impact investment offerings that must meet rigorous impact, governance, and financial standards. These offerings are vetted and reviewed by external reviewers, an Advisory Group of industry professionals, and the SVX team. Impact Index+ opportunities are announced semi-annually. The first cohort for the Impact Index+ was also announced at the event.
The SVX Impact Index has been designed for Canadian asset owners and asset managers active or interested in impact investing. At this time, the platform serves accredited investors including foundations, families, high-net-worth individuals, faith-based organizations, trusts, charities, financial institutions, portfolio managers, and advisors. In the near future, SVX hopes to expand our offering to serve all investors.
Key features of the SVX Impact Index include:
- Free online access for all users including basic data
- Tier membership options for accredited investors
- Offerings ranging from private equity funds, housing bonds, and more
- A range of additional support services for asset owners and asset managers from education to research to help them on their impact investing journey.
Moving forward, SVX will look to introduce thematic, geographic and product categories for the Impact Index including segments such as community finance, gender lens investing, and housing. The organization will also release an impact investing market report based on the data collected on an annual basis.
Learn more:
- Impact investors can visit the new platform at: https://impactindex.svx.ca/
- You can get a quick overview at: https://svx.ca/launching-soon/
- You can read a full primer about the Impact Index here.
- You can read an overview of the Impact Index+ issuers here.
Quick Facts
- The Impact Index data platform provides basic data on over 200 private impact investment opportunities that are accessible to Canadian investors.
- 22 issuers qualified for the SVX Impact Index+
- According to the Global Impact Investing Network (GIIN), an estimated 1,300 organizations manage $1.1 USD in impact investing assets worldwide.
- According to the sustainability consultancy Millani, 43% of Canadian institutional investors plan to launch impact investing funds in 2024.
- There are over $20 billion in assets dedicated to impact investing in Canada.
- According to the latest national impact investor survey, approximately half of all Canadian impact investors wanted to significantly increase their asset allocation in a five-year period between 2021 to 2026. There is a growing number of investors moving towards 100% asset mobilization to impact investing.
Quotes
“The Impact Index represents a significant milestone in SVX’s commitment to advance impact investing. It also highlights the growth of impact investing in Canada and beyond. Our research and field-building work has identified the need for a new data platform that bridges the gap between investors and issuers, addresses information gaps, and enhances transparency to create a more efficient impact ecosystem. Our aim is to create a one-stop impact investing data shop. We are thrilled to celebrate this significant milestone with our community.” — Adam Spence, CEO, SVX Canada
“We are proud to support the SVX Impact Index as a critical tool that enhances our ability to connect capital with purpose. This platform not only simplifies the discovery of impactful investment opportunities but also plays a crucial role in setting benchmarks for success in terms of both financial performance and social impact.” — Wren Laing, Investment Director, McConnell Foundation
“The SVX Impact Index allows us to broaden our horizons into impact investing with confidence. We anticipate that it will be a complimentary tool to help meet the growing investor demand for sustainable and ethical investments.” — Mark Stacey, Senior Director of Investments, Highstreet Asset Management
“The launch of the SVX Impact Index is a significant step forward in providing a menu of accessible, curated impact investments in a fragmented impact landscape. It will not only be beneficial to impact asset managers, like Genus, but also the average investor who wants to make a difference with their capital.” — Mike Thiessen, Chief Sustainability Officer, Co-Chief Investment Officer and Partner, Genus Capital Management
Media Contacts
Gabriella Yapp
Communications Associate | SVX
Helen Zhou
Manager, Education & Technology | SVX
Adam Spence
Chief Executive Officer | SVX
T: 647–242–4644 | E: adam.spence@svx.ca
About SVX Canada
SVX’s mission is to advance social, environmental and economic justice through impact investing. As a nonprofit, diversified financial services firm, we work with investors, funds, enterprises, and institutions to help them take the first step or next step on their impact journey. We provide knowledge products and programs, design strategies and products, manage funds, operate an impact investing platform, and develop systems change solutions.
We work across sectors that deliver meaningful impact: climate, food, equity, housing, and community real estate. SVX is regulated by the Ontario Securities Commission and it is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Québec. We have partners and operations across Canada, as well as in the US, Mexico, and Colombia. For more information, please visit www.svx.ca.
