#13 | JP Dallmann - Impact Leaders Podcast : Champion of Sustainable and Impact Investing

Did you know, investing the money in your savings into sustainable funds can have a 27 times bigger positive impact on your carbon footprint than eating less meat, taking public transportation, reducing your water use, and flying less, combined?

In this episode of Sustainability Matters Today, I interview JP Dallmann, Sustainable & Impact Investment Advisor and host of the “Impact Leaders” podcast. 

 

The Impact Leaders podcast features individuals who focus on Impact Investment and Performance with Purpose. JP is the CEO of ILA & Partners, helping Investment Managers and Companies that want to transition into Sustaianable & Impact Investing. 

 

In 2017,  JP started Impact Founders - a community of impact-driven entrepreneurs who use profit and technology as a force for good. He is also the co-founder of Realchangers, a platform that matches mission-driven talent with impact-driven companies that are solving the most pressing global issues of today. And he is a contributor to Forbes.com, where he promotes impact investing, the SDGs and change in our systems. 


Enjoy the episode!

Resources:

 

Impact Investing: https://www.investopedia.com/terms/i/impact-investing.asp

Sustainable Development Goals: https://www.un.org/development/desa/disabilities/envision2030.html

Impact Leaders Podcast: https://audioboom.com/channels/4974335

Impact Investing Article: https://www.forbes.com/sites/jpdallmann/2018/12/31/impact-investing-just-a-trend-or-the-best-strategy-to-help-save-our-world/#7d87d3b475d1

Negative/Exclusionary Screening: https://thoughtfulfinance.com/2018/07/24/definitions-negative-exclusionary-screening

Principles for Responsible Investment (PRI): https://www.unpri.org

John Elkington Books: https://johnelkington.com/publications/books

Ray Dalio: https://en.wikipedia.org/wiki/Ray_Dalio

JP Dallmann website: http://jpdallmann.com

DANIEL HARTZ: Thank you for joining me, JP, it's really great to have you on the show. It's exciting to be doing a joint episode with you because you have your podcast, Impact Leaders. I'd love to hear more about that. So, it's great to have a chance to expand our reach and be able to speak to both of our audiences at the same time. 

 

JP DALLMANN: Thank you, Daniel. I really appreciated that we're doing this as well. I think, actually, that's the point where we're trying to create awareness and talking to the different audiences is going to be a positive thing for sure. 

 

DANIEL HARTZ: Absolutely. So, to get started, I'd love for you to tell us a little bit about what you do, and I know you have quite a broad range of activities that that you work on. So, could you give us some a rundown of what you do and your focus?

 

JP DALLMANN: For sure, ways that maybe a range of activities, initiatives and projects, but they're all very synergistic, in terms of, you know, trying to create awareness and personal impact on the world for sport and for what I can achieve. By in general terms, I am a sustainable and impact investment adviser and an advocate, and I also tried to create awareness, normally masses they don't even invest in but also about the SDGs. So, the sustainable development goals created by the UN, so I, whenever I have a chance, I talk about different subjects and different ideas and what is happening in the world, or whatever this project is, and more people are doing. And more specifically, I work with a financial institution, investment funds and companies that want to become more sustainable and impactful in what they're doing.

 

DANIEL HARTZ: Great. Sounds like you stay busy for a lot of different things, but like you said, it is synergistic. They all work towards the sustainability and kind of having a positive impact on the world. So, how did you get started in this work? Because based on what I've seen, this isn't where you originally began.

 

JP DALLMANN: Well, it's kind of an evolution. If I start from, let's say, where we are today, we have been valued as advisers and partners, which is the organization that we use to advise investment funds and companies. But it has been something that has begun to evolve and to use a go I started the world people take from different activities. So, then I go back to a little bit of you know, what people like sometimes not, which is kind of my professional career. I come from the financial services industry, from the banking industry, more specifically from investment banking. I thought that initially my career with a company called Price Waterhouse Coopers PwC and move into a larger balance from working in different areas in investment banking and mergers and acquisitions, and then towards kind of the later years into, like management roles and different organizations have actually been named one. Then from that what happened is that I was in some of the investment committees or investment approval committees, so I was looking at some of the transactions, and we are doing some deals, for example, some billion-pound syndicate loans we were working on. 

 

JP DALLMANN: And there were, we were giving this to some companies like, you know, tobacco companies. And at that point, Oh, I remember there was a trigger, many years ago now, I was thinking, well, they just didn't sound, kind of right, and aligned to my values. That was kind of one part of it. And then, as I started trying to understand how I could do personally more to help other people, I started working on different projects and mentoring some businesspeople, some startup entrepreneurs, then you kind of evolve. Again, I like that word. I started doing some small investments, you know, in the companies that were working in some related subjects or issues. And then kind of long story short, one point I came across face to face with impact companies and that point was when I realized that how much they were struggling to get funding and that's when I realized that I could use my skills and having all the experience and the knowledge that I had in banking and financial institutions and try to understand what we could do to transform or to move into sustainability and impact and that's what's happening right now. So, the companies that are doing it still are now called some numbers later in the podcast, I stayed about only 10% of the total market. So, we need to do more to try to accelerate this sustainability sustainable investment piece.

 

DANIEL HARTZ: Yeah, that's really interesting. So, you're essentially an investment banker and you realize that a lot of the big loans and investments that were being done were actually not aligned with your values and from there, you realize that there are impact companies that are struggling to find funding and so you want it to help them out more? 

 

JP DALLMANN: Yeah, so that's one part of it, but then that trigger, that the realization, that is in terms of my impact, and the scalability of things, you know, we need to do more at a higher level and that's when I realized that, you know, the best thing to do for me was to try to help institutions faster.

 

DANIEL HARTZ: Got it. So, with the term impact, because I think that's perhaps a new term or one that I personally haven't really come across until I started learning about, about what you do. Can you define what exactly is impact and what impact companies do and your podcast is called Impact Leaders, so obviously, there's this thought process behind the term impacts, so what exactly is that? 

 

JP DALLMANN: Yeah, so if I start with the name Impact Leaders, and I will definitely recommend people, and as mentioned many times, maybe through the podcast to go listen to the different episodes. And that's the interesting part of it. Simply this because, you know, when I'm looking at all those leaders that are trying to make a difference, and they're trying to be impactful like myself in what they're doing and then in terms of  what the podcast focuses on is trying to exactly to do this, is trying to understand, okay, what does this mean? Always ask the first question to everyone, what is impact investing and even if you listen to all the different episodes, you will realize that they are all sorts of different versions appreciation. So, what do you need from different people but and then you have the conversations that are trying to define you as well. But if I had to simplify it, to that is going to lead to a wider context or wider term which is sustainable investing, and which, you know, people in the industry can recognize this a bit more which include what people know as ESG, so environmental, social and governance, and there are different strategies around how to do that. 

 

JP DALLMANN: And then what help us to be more specifically is the impact investing is one of those strategies or areas that is within sustainable investing and the importance of our, I'm going to say if you get by definition, is seen as kind of targeted investments aimed at solving social, environmental problems, including community investing, for example, when capital is specifically directed to traditionally underserved individuals or communities, as well as financing that is provided to businesses with a clear social environment and purpose. So, that's kind of how it will be defined. And if we make this and we try to break that down a little bit, it's trying to make sure that when you make an investment in a company, and we'll talk about profit, nonprofit, that it believes in a direct measurably, ideally measurable, but they said that's another point as well that can be discussed, impact into the same, the social side of the people of all the environment.

 

DANIEL HARTZ: Interesting. So, does the word impact kind of mean that the companies are not necessarily big, and they may be a bit more niche is that is that an important part of it?

 

JP DALLMANN: No, not necessarily. It may be the case, like in every industry, right, maybe the case you have a large number of smaller companies, then, you know, kind of a big one start, kind of growing and consolidate and etc., but not necessarily so it can be one or the other. The point is really around where you're trying to achieve ultimately.

 

DANIEL HARTZ: Got it. So, it's all about really having a good cause whether its environmental, social, or there's the word governance. 

 

JP DALLMANN: Yeah, purpose and clarity. I think that's key.

 

DANIEL HARTZ: Gotcha. And so, if we moved to one of the episodes in your podcast, again, it's called the Impact Leaders, you interviewed someone named John Elkington who coined the term triple bottom line. I know that that's an important term in impact investing, but can you tell us what exactly that is and how it ties in with impact investing? 

 

JP DALLMANN: Yeah, I would actually, yeah, I think that the best person to do that would be John and I'm by all means actually, on the episode, which is the number 17, I want to say. He talks about a week ago, we talked a little bit about it, basically kind of a framework which includes these kinds of social, economic and environmental aspects. So, that's the triple bottom line in terms of if you get that kind of accounting, right. So, you have these people, social planner environment and profit financial aspect of it. But I think that the main point that I remember that I took out from the conversation we had was that this is supposed to be about creating greater business value and changing systems, rather than just making it real for people to try to calculate, you know, how these three parts work. So, I think that's, I want to leave it kind of high level, so that people do go and see and study more about what it is and then also take advantage of say that John is kind of relaunching the triple bottom line concept and in January, I think next year. He did this actually at this event this year where he kind of recall that or to get back that formal action that he took know that you're going to take it because people are using it anyway. But he says this as well. But he just wants to kind of refresh and remind people of what it is. So, just keep an eye for it, you know that in January 2020 so that you can see what he's trying to do again.

 

DANIEL HARTZ: Yeah, I think that's really cool. I did listen to that episode and I remember he was saying that basically it just needs to kind of be refreshed. Yeah, as a way to kind of remind people what it really is about.

 

JP DALLMANN: Yeah, and I think the point that many other people are doing and then there is a concept separately to these, you know, which is mentioned around which is this green washing concept, which is where people use concepts or they use, let's say, on this case, a messaging around for them doing as a business, saying that they are sustainable or green, or impact the funds or probably have products, you know, for people or for investors. But then really, when you look down into the detail of, you know, the companies where they're investing, they're not really, you know, green or impactful. So, that's the main point, I think around this as well. So, you know, if you're using triple bottom line, one of the ways to do it, look into it, are you using it the right way when you say that?

 

DANIEL HARTZ: Make sense, in terms of this triple bottom line concept, I know in one of your articles, which is called Impact Investing, just a trend or the best strategy to help save our world, which was published in Forbes, if I'm not mistaken. It was a really interesting read because, first of all, it describes what impact investing is and then you give your thoughts about kind of how it works and the benefits of it. And you say that there's this common misconception that these companies have lower returns from an investing standpoint. But it's a misconception, so why is it not true?

 

JP DALLMANN: Well, I think the point about returns, I think that it also seems that I published an article I haven't spoken with so many thought leaders and investment, especially. So, they can be really helpful, because it really changes how you perceive, actually how things work in reality. But the point is that we had to think about, do we really care about continuing to perform, and have the returns that we have been having over the years, if we're going to have you know, award leading North India in 10 years’ time? I think that's the that's what is kind of really in my mind, I mean, my heart now and this and I know, you know, personally and as well from everyone's perspective and HTC what is called this fiduciary duty, you know, invest oil investment companies to do the best for to return the best for their clients. But that's the talent that's the challenge. So, what not is this and that is 2% less but helping the world to now survive this, you know, in political crisis that we are living now worth it or kind of that tradeoff is that trade off you know worth it? That's the theme what I want people, you know, that are listening to think about and I know it's hard because you want to-- It's interesting and people talk about kind of maintaining and preserving wealth, but to preserve wealth you need to do an extra 2% from 10 to 12 or whatever the return that you're trying to achieve.

 

DANIEL HARTZ: Absolutely. And I think in terms of preserving wealth, you know, it's just like you said, if I preserve wealth, and there is no world for me to live in, it doesn't matter if I had 10% or 12%, instead of the 10%, because I'm living in a bunker trying to survive, which isn't, in which case, at that point, money probably doesn't even matter that much.

 

JP DALLMANN: Exactly. So, no, that's kind of one of the points and when I want to talk to some of the investment funds, you know, they are really trying to also look at these from a real business perspective, which is at least to what this was called protecting our and try to prevent, trying to look at the risks and what's going to happen coming forward, going forward, that, you know, so that we can adjust this will become prevent not losing money. That's another way to look at it. And obviously, sorry, I should say as well, we're having a lot of kind of fake regulations coming in as well. And that's going to continue to increase. So, that's another point to consider from that perspective. Again, all that said, so far, so in the past, we didn't have as much data to show, if they say can even invest in our ESG was invest, you know, it was kind of good enough. But now, we do have a little more that kind of evidence of materiality, and then you can show that in companies that are just looking at the asset level, the company level, companies that are more focused on sustainability, tend to perform better than their peers and that's the key. And then if you then focus your portfolio into these companies, you will tend to show that you're performing at least that kind of a market level against your benchmark. So, it also, when I interviewed different people, you know, maybe that clear how all across my different interviews, but I've interviewed people from all the different areas and levels of investment from like, personally investors of their own funds to like mega multi billion pound investment funds, investing or focusing on social UK social bone, so different asset classes and products, and all of them are showing that they are performing at the same market levels. So, yeah, so going back to your question, really, that you have to give up returns to be impactful.

 

DANIEL HARTZ: Yeah, that's interesting. So, actually, these companies can have their fiduciary duty of giving the best returns. to their clients, and at the same time fund and invest in companies that are, are doing good work and supporting the environment or social causes, etc. That's really good to hear. It's interesting as well, because right now, you know, it's pretty much impossible to miss the climate strikes that have been happening all over the world. And it's really great to see that there is a big movement and you know; a lot of people obviously support this. It's specifically about climate, but it goes beyond that and it's about the environment in general. And I found a Financial Times article that I think you linked to called it is kind of a long name, it's called the new front for green revolution rests on warrior accountants, and the subhead is, don't dismiss activists, bean counters. spreadsheets make more difference than placards. And basically, the article is saying that financial companies are actually making a bigger impact than people going to the streets and making a lot of noise essentially. I don't think they're discrediting the people who are going out and, and you know, campaigning and this movement certainly is bringing a lot of attention to the issues. But what they're saying is on an actual fundamental level, financial companies are the ones who are making a real difference, kind of like tangible difference, so to speak. So, what do you think of that argument?

 

JP DALLMANN: So, what I would say is that is this interesting as well, so there's the interesting that they just launched a new session and area in it that they cover all of these subjects, which I think is fantastic. So, I recommend people to look at that. And like you said, it's not about discrediting any of the activities that are happening i think is important because he really created so I look at some you know, society from all the different levels, I think that's the most important part to start you know, we all have a part to play well part of the system and you know, a nice a perfect system in perfection. And sometimes having people in the streets is the last straw to finally make others aware of you know, what's really happening and it's a bit like a you know, it's the social polls, right? So, this is really what the masses are feeling, and this is what is, you know, what they're demonstrating for and against. So, I definitely appreciate you know, what people are doing. 

 

JP DALLMANN: And I even have, you know, I have two daughters, young daughters, you know, one is a teenager and she wanted to go out and demonstrate well, so it shows you that also the different ages, you know, for how the younger generations are carrying a lot what is happening so I think it's very important, But at the time I think it's very important that, you know, people learn and the study about all the different things that are happening in the world, so that they can appreciate this world for how we can make bigger differences. And I think what that article is trying to do is, you know, the reason why I realized at one point that I maybe will be better using all my skills and experiences in banking and the financial industry to try to work with investment companies to try to make these different. And it goes back to these, and I maybe at this point, I mentioned that there is a bit of a pull and push going on between pension plans and investment funds. And even this concept, sometimes I've talked about it, you know, when I can sort of people remember that all of these is just a system also, and then he goes from the individuals, you know, we go, we work, we buy products so, it's our habits and the products are served by companies, we save money, we got pension funds. 

 

JP DALLMANN: Our pension funds hold most of the money and then for us and then they invest through investment companies and financial institutions. So, when this article mentions these is that he was trying to say, I know ultimately, this is the service disciple circle, but you know, they will put a sequel does he call it, sorry, the accountants. So, in terms of perhaps would assess the article around the accountants is that, you know, they are using the way we as investors, we tend to have been more influence through engagement which is kind of another tenable activities that you can do engagement with company to try to influence their business models and because you are investing in them, you tend to have a bit more influence than say, a consumer of the product or the services which is at the bottom of the chain. And I think that perhaps that's kind of without was trying to say. And then one more thing I was going to mention is that how to relevant to these terms of, you know, how can we invest in companies that have an influence and how the system works is that they then they said recently study by analysis by Nordics, which a good, indeed a comparison to juggle this 10 how much impact you have, through changing your habits versus an income to investing impact, and the difference basically 27 times as they calculated. So, I think they did a comparison, in terms of co2 savings and mission etc., and how you allocate, you know, your investment into sustainability. So, we're speaking today with you offline that, you know, you It's very good that you change your habits and I think that even in some cases for your health, it's good. But ultimately, if you have savings and you know, ideally, most of us know, we'll have some, you know, in the form of a pension, if you are doing it with companies, with pension funds that are focusing on sustainability and that can mandate to sustainably investors and asset managers, you have potentially 27 times more impact score and again reinforces this point that you know, then the people in the financial services, you know, have a great role to play.

 

DANIEL HARTZ: Yeah, that's unbelievable, 27 times more impacts just by investing than perhaps going and buying organic food or food that doesn't have any plastic or whatever it is. It's I mean that that's helpful. But what that study is saying is that actually, if you just invest your money and keep your all your other habits the same, you'll still make a much bigger impact.

 

JP DALLMANN: Well, yeah, I still would say don't keep your hobbies the same, because you know, we do have to use it in order to travel as and try to do all these other things that are helpful, again, with this. The power of the compound power of no other way as well.

 

DANIEL HARTZ: So, do you think in that case that the people participating in the climate strikes could be doing anything else or something differently, to be even more effective?

 

JP DALLMANN: I mean, it could be a contentious subject, I thought that, you know, the thing is something also emotional. And, I think that, you know, by all means, you know, it's something I learned through my life, you know, although I want to believe them still quite young, is that, you know, you have to let people, you know, express themselves. And I think I mentioned earlier, no, this is also important because it's kind of this social poll. So, you know what people are really feeling and believing. So, I personally appreciate them, you know, I find value what, you know, people are doing, and I always talk about, you know, we all live in different bubbles within this wonderful world that we live in. And sometimes these strikes you know, kind of break the different bubbles and make people in other in that they're living other lives, you know, to realize what is happening. Maybe at this point I mentioned this is very interesting. So, I when I had the again the lag on the blessing to be in a then we go to ask President of former vice president of the US this week and we and I was thinking about so listening it was an incredible again presentation. know he talked about his show what the goal was developing and what is happening now at DC and in the last 10 and 20 years and more in terms of climate change and the fact that he's having an even myself enough immersing to the cinema knowing you know I'm looking at all of the investment side but I'm not maybe it see know every day what is happening in the real aside from the same you know, the biggest thing that's happening right now is the Amazon being on fire. 

 

JP DALLMANN: That was kind of the one thing that caught I think everyone is an attention but the things that he showed was so shocking that I didn't realize I didn't even know about that then during the night and after that I was thinking I am we were at the I think it was last night how many people but a couple of hundred people in this in the state church Emmanuel center in in central London in Westminster but that's just like a tiny amount of people that have the inverted commas privilege, you know, to be there with him. I'm not talking about that as well in terms of privilege and access to information. But most people most people don't have that benefit by so most people have no idea so unless you have the same the chemistry is there; most people never find out I have the same problem. Stupid house. So, and then I was going to say that all of these know he's documentaries, and I'm happy to come in just now. I'll be on our planet. I, David, David, price is kind of far, promoting a lot now with him by still how many people really want to watch them or really watch them, because they're hard to watch as well by and as we as humans don't want to experience sometimes no bad feelings, right. So, it's a long answer to say, I think that, you know, we all play a role and we all have to, we all have to appreciate what is happening. And then and again, interest rates, you know, educate ourselves, and, and create awareness personally and then share that with others.

 

DANIEL HARTZ: Yeah, I think the more I speak with other people, and the more I kind of see what's going on around us and really trying to understand what the best way is to make a change. I think I keep coming back to this point of education. You're absolutely right. It's it really is just a case of knowing the benefits or Kind of the different ways that you can be more environmentally conscious and what the negative impacts are of one's actions. Because if you're not aware of that, then it's really hard to make corrections and move into a different direction. 

 

JP DALLMANN: Yeah. And one thing I was going to share, perhaps if he helps people, you know, because there's so much to think about that needs to be overwhelming. So, let's say if you do that if you use the SDGs, so the global goals, sustainable development goals from the other nations, there was another activity in the UN this week as well. If you just start, let's say, looking at those and understanding from your values, you know, what you need to care about, that sometimes may help you understand, okay, where do I want to focus on, what do I really want to worry about? So, let's say and pay to know, do promote one of the companies that I really liked, which is called trading by capital because they have a process I went through and they really helped me understand kind of what I really care about. Because sometimes even during that process, you realize that you say that you care. But when you look deeper into values, understanding what it means, and the framing of this, Jesus had you realized, what is really important to you. And there are certain things that are major goals, so that in case people don't know, and then in my case, for example, when I went through it, I realized that as much as I care about load outdoors, and I know, you know, Central, so for example, live on the water or, or the top of the trees or, you know, wherever we were, you want to look at it kind of it wasn't as important, as they say education. So, I realized that education is my top one, I promote Partnership, which is number 17. And that's how I drive everything. that I do. But when I look at a very kind of individual level education, because I think education, so a lot of other problems, and then on the back of that, you know, a well-being is another one that I really care about, and then kind of know poverty, which is number one to not allow me to care about. And then then it makes it easy for me to understand when I am personally looking at, you know, what my personal strategies and what I'm doing, then to decide, you know, where are my priorities and know where to put my time or my money or, you know, top or promoted.

 

DANIEL HARTZ: Yeah, I think that's a really good point. Just taking some time to understand your values and what's important to you. I think it's more effective to find something that you're more interested than anything else or even passionate about. And then just focus on that. We live in a world where there's people with many different interests. So, if you just find something that you like, the other parts will be taken care of by People who find those other things interesting. I'm curious to know, kind of going back to investing question that I'm interested in, it sounds like we've already covered this. But to answer it directly, do you think sustainability is sustainable meaning companies that are practicing sustainability? You know, can they do so for the long term or is it not really a financially viable business model and it's more kind of, they just do it because they have to, or they think they need to?

 

JP DALLMANN: Yes, I think there is there are different ways to answer this question. But the one thing I thought about is, well, first of all, it has to be so and it's the only way we know it will we are sustainable, you know, I know they will not they will not being worth living room, anywhere. No, you know, people will have jobs. They will have You won't have a salary you cannot, you know, pay for you for what you need to continue, you will have products, etc. So, that's kind of the kind of the drastic kind of answer to it. But then in terms of no proven thinking about it from fundamentals by one on one, you know, finance one on one or whatever you want to call it, some people call it makes financial sense. So to be focused on sustainability and that's the key message gap, you know, some people don't stand and then even if you are company because obviously there are some, some companies that will have to close because we cannot use those products anymore, for example, because they're doing that to the world. And the one that people love talking about this different ways to look at it as a UB fossil fuels and we can You know, companies, some companies already closing because of, you know, the effects of either climate change or investors preferences or different factors. So, it's already happening that unless you is your sustainability today totally focused, you know, you will you are, again, inverted commas do and we need to, and if you are sustainable, you are doing no good or better than your peers. 

 

JP DALLMANN: And if you're not sustainable, you're not going to be here for long and we're not going to be here for long. So again, I hope that is not such a negative kind of angle to it. But and then at this point, I wanted to put, you know, because you mentioned that focus, focus on the investment side. So it's like numbers again, to put content And I quote a couple of numbers which are from different reports, you know, this one from GSIA, which caused that these you know, let's say that there is a 300 trillion of investable assets in the market mind. And then guess what? I don't know how many people know that that that kind of put this quarter right now, of which right now we only had about 30 trillion, so about 10%. That is into sustainable investing, including this, this that I was telling you, which is kind of what I think I've had this I mentioned, you know, some of the most recognized one is called negative or exclusionary screening. Positive or best in class a screening is Norman base screening, EFT integration, the sustainable theme invests in these grantees engagement and impact investing, right? So, those are kind of the six, seven that are going to pop up the definition of basting, only 10%, right? So, this team, you know, and by the way, impact investing is only about 3 trillion, so 1% of the total. So, still, there is a huge, huge room for improvement for, let's say, making the market you know, more focused on sustainability, and is obviously a huge room for companies to be created. Now impact companies and for some of the current companies to become more sustainable focus or evolve, or transform from this a real life examples again, sometimes it's good to promote, other companies don't move from if they've been forcing you into let's say, a sustainable energy, you know, like being fun. And that is possible. So, I think I will, I will encourage people every level to be looking at all of it.

 

DANIEL HARTZ: Yeah, that's on one hand, it's a shame that there's only 10% for of all investable assets that are being focused on sustainable companies. And yeah, and on the other hand, it's, it's exciting, I think for at least I find it very exciting to think that, you know, if I'm going to be investing my money, then there's so much room in terms of what we can invest into. And there's obviously a lot of work to be done. And I think there's a lot of opportunities for anyone who's interested in focusing on impact investing, there's a lot of opportunity there and it's a really good career choice potentially for anyone interested.

 

JP DALLMANN: For sure. And as you say, by the way, so the, the, the market grew, I think it's 34% in the last two years now so that the train ride so easy, and it's just going to keep going up. So, don't, don't be Don't be the solution with a with a 10%. You know, they said to the business really good and increasingly growing new. And we also have like, not other trends happening, which is do we have private equity companies nor lunching impact funds or this one by we're going along the market called the rise phone, which is about TG and they launch one with a couple of billion pounds a few years back. Good, another fun now, we, I think double the amount of billions of pounds of revenue put into it. We have hedge funds now as well, you know, it could become increasingly moving into it. So, you know, it's just getting better and better and it's growing.

 

DANIEL HARTZ: Fantastic. That's really exciting. And for people who are interested in learning more about impact investing or sustainable investing, are there any books or websites, you've listed a couple of resources already, is there anything that Maybe for someone who might not be as familiar with the topics that you could recommend where people can get introduced and enter the enter this world?

 

JP DALLMANN: Yes. And one point I wanted to mention in case we don't talk about it, but the important point is that you talk to your, in the UK is called the IFA for independent financial advisor. And when you talk to them, and you made sure that they are telling you what we think that's a good, that's a good point. Good point, you know, because basically, you know, some people are saying is that, you know, they're not providing as much advice to people and they are key on the key kind of link in there in the chain. Right. But by all means, you know, I would recommend people to listen to my podcast and to read you know, some of the articles I am publishing for common LinkedIn. I put some links on Twitter as well I normally this would be the three platforms where you find the information that I share which is my own and many times these other people and as I said, you know, maybe if you look at the podcast that I record interviews, they are different people at different levels and they are some of the best in the UK and now, some of the best you know, that are we are reaching outside of the UK in the world. So, this is amazing benefit of listen thought leaders, because he really changes the way that you think is unbelievable. 

 

JP DALLMANN: That said, by all means, you know, a more specifically they said sustainability is something called the PRI and the principal for report on investing and you can go to the web service information there. These they say down in there are more specific this FD section and mentioned about the GSIA which is another station which is a really good one. Then obviously the more specific ones and in fact, there is one called a session called team GIN and then another one called Tony. So for those are like the mix and then obviously you have hardware for example, this is review or with publishing some really interesting points as well which I do share in some of the I tend to put the links as well of some of the things that we come across here spreading the knowledge of my podcast, but also share them online. And then finally, I'm sure there's no other way that most people use it and just by the number of views and lights that I see on YouTube that on YouTube is amazing the amount of content that is available, you know, from either from the PRI or even from like thought leaders like Ray Dalio, others and I would recommend as well sometimes if you have a question, just go and type it after your watch your video and doing funny things, which is the famous man of the trending, you know, influences If you want something you know your Saturday or Sunday, I definitely recommend that you do that. And by all means, quite a few other potential podcast and other ways to consume, I always tell people, you have to find what the medium that is best suited for you, be reading, be listening, be watching. And then, I may as well promote obviously John Elkinton  he's publishing a new book called Green Swans, which is a very good approach to how we can potentially save the world is Carrie Krasinski, he has a couple of few really good books as well, that he's published. He carries Episode 18. He's based in the US and then you can keep going on and on. But by all means, you know if there's any specific question people can always ask me.

 

DANIEL HARTZ: And that is a great dovetail into my next question, which is, you mentioned your podcast, your LinkedIn, your Twitter account. So where can people actually find you? Are there any websites we can go to? Where can people learn more about the work you're doing and reach out and ask any questions?

 

JP DALLMANN: Yeah, so, the best way really, I think we say LinkedIn, if you just do that will be a best approach. And because you can see all the different names to all the different organizations and companies that I work with, and which I didn't basically promote too much today but by all means, you know, you can connect with me. Just reach out and ask me any questions. So, if you are in investment fund or hedge fund or pension fund, company that advisers and partners that you can reach out to, if you are an individual, or a company looking to try to change your career potential into a new company, you can go to realchanges.com which is you know, another one of the platform that we have with helps companies find purpose driven talent. If you are looking to participate in some events or understand how you can build expertise in your business models, you can look at FastForward2030.com, which is the organization not for profit that promotes peace as well. So, that's the main ones.

 

DANIEL HARTZ: Great, lots of different resources and we'll link to all of these in the show notes. So, it'll all be there. And that's all the questions I have JP so thank you very much for your time, it was really interesting to hear about how investing in companies and working with impact leaders, which is a, again, the title of your podcast, can really move the needle in terms of how quickly we as a society and as a as a species, help save the world and reverse hopefully climate change. So, thank you again for your time and good luck with all your many ventures.

 

JP DALLMANN: No, thank you. Thank you very much. And I think this is the best point to mention the name of your podcast because what you just said is, basically what you're doing, Sustainability Matters Today. That's it.

 

DANIEL HARTZ: That's exactly right.

 

JP DALLMANN: Goodbye. And God bless you.

 

DANIEL HARTZ: Yeah. Thank you.

Thank you very much for listening to this episode!

 

If you’d like to learn more about JP, please visit his website at jpdallmann.com, where you can subscribe to his podcast,  “Impact Leaders”. You can also follow him on Twitter - @JPDallmann - that’s spelled JPDallmann.

 

If you enjoyed this conversation, please subscribe to the podcast to be the first to know about new episodes! We’re on Spotify, the Apple Podcast app, Stitcher, and really anywhere else where you can listen to podcasts.

 

And let us know you listened to this episode on Instagram! Tag us @sustainabilitymatterstoday.

 

Thanks and talk to you soon!

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