Home Podcasts SRI360 | Sustainable & Responsible Investing, Impact Investing, ESG, Socially Responsible Investing
SRI360 | Sustainable & Responsible Investing, Impact Investing, ESG, Socially Responsible Investing

SRI360 | Sustainable & Responsible Investing, Impact Investing, ESG, Socially Responsible Investing

Scott Arnell 135 Episodes Oct 14, 2026

SRI360 explores how professional and institutional investors use impact investing and sustainable finance to shape real-world outcomes. Each episode features an in-depth conversation with a leading investor in public or private equities, public or private debt, venture capital, or real assets. The show focuses on the mechanics of investing: how strategies are designed, how capital is allocated, how impact is achieved and measured, and where incentives succeed or fail within asset-owner systems.

Episodes

Green Bonds, Gray Areas: How Do AI Data Centers Fit in a Sustainable & Responsible Portfolio? | Megatrends | Romina Reversi, Crédit Agricole & Steve Liberatore, Nuveen
Green Bonds, Gray Areas: How Do AI Data Centers Fit in a Sustainable & Responsible Portfolio? | Megatrends | Romina Reversi, Crédit Agricole & Steve Liberatore, Nuveen Oct 14, 2026 4468 “Just because something is labeled a green bond doesn't mean it is.” Steve Liberatore helped write the Green Bond Principles. Most new US labeled bond issuance now finances data centers. So what is a sustainable portfolio buying?This is the first SRI360° Megatrends episode: one subject, two guests, both sides of the same trade. Romina Reversi of Crédit Agricole CIB structures this paper and b
Impact Investing's Retreat: Purification or Defeat? Who's Leaving & Who's Quietly Building? | Antony Bugg-Levine, GIIN Co-Founder (#148)
Impact Investing's Retreat: Purification or Defeat? Who's Leaving & Who's Quietly Building? | Antony Bugg-Levine, GIIN Co-Founder (#148) Oct 2, 2026 4888 $27 billion left sustainable funds in a single quarter last year. Is impact investing being defeated, or purified? One of the people in the room when the field got its name says the money that left was never committed, and the most exciting work now is being done by people who don't write press releases about it.I'm joined by Antony Bugg-Levine, Managing Director of Bugg-Levine, Inc., co
Africa's Risk Premium Is A Myth: What the Default-Rate Data Actually Shows | Andrew Johnstone, Climate Fund Managers (#147)
Africa's Risk Premium Is A Myth: What the Default-Rate Data Actually Shows | Andrew Johnstone, Climate Fund Managers (#147) Sep 22, 2026 6260 Africa carries a risk premium far greater than its actual risk. Fifty years of development-lending and World Bank data show the probability of loss on African infrastructure projects is on par with, or lower than, developed markets. My guest has spent a decade building a fund designed around that mispricing.Andrew Johnstone is the Co-Founder and CEO of Climate Fund Managers (CFM), a blended-financ
Impact Investing’s Bottleneck: It’s Not Capital... Why Isn’t the Money Moving? | Laurie Spengler, Courageous Capital Advisors (#146)
Impact Investing’s Bottleneck: It’s Not Capital... Why Isn’t the Money Moving? | Laurie Spengler, Courageous Capital Advisors (#146) Sep 9, 2026 5037 “Walking away is actually discipline. It's not failure, it's discipline.” — Laurie SpenglerIn this episode, I speak with Laurie Spengler, Founder and CEO of Courageous Capital Advisors and Founding Partner of Mondiale Impact, about why capital without capacity fails, the danger of treating patient capital as permanent capital, and the path from establishing legal clinics in homeless shel
Does Impact Cost You Anything? 4 Funds Answer With Real Numbers, Not Theory (#145)
Does Impact Cost You Anything? 4 Funds Answer With Real Numbers, Not Theory (#145) Sep 2, 2026 3920 Four investors. One hard question: does impact actually pay, and how do you prove it?This is a compilation episode of SRI360, pulling together four conversations that answer that question from four seats at the table — growth equity, private equity sustainability, infrastructure, and the policy world trying to move trillions. None treats impact simply as a discount you accept for doing good. Acros
In 2021 This Sounded Like Activism — Then Fossil Fuels Lost a Decade: The Stranded-Asset Call, Five Years On | Ron Gonen, Closed Loop Partners (#144)
In 2021 This Sounded Like Activism — Then Fossil Fuels Lost a Decade: The Stranded-Asset Call, Five Years On | Ron Gonen, Closed Loop Partners (#144) Aug 26, 2026 2409 In the autumn of 2021, Ron Gonen sat across from me and made a call that sounded like activism: fossil fuel assets were already stranded, the smart money was gone, and anyone divesting that year was a decade too late. He said it during the best year energy stocks had had in a decade. For eighteen months, he looked flat wrong.He wasn’t. This is a re-release, and before the interview I score the the
Base of the Pyramid to Pension Fund: What Four Emerging-Market Funds Actually Returned | BlueOrchard · BII · IIX · EPIC World (#143)
Base of the Pyramid to Pension Fund: What Four Emerging-Market Funds Actually Returned | BlueOrchard · BII · IIX · EPIC World (#143) Aug 17, 2026 3333 🌎 Get the latest updates on Sustainable & Responsible Investing at: https://sri360.com/newsletter/From a $200 microloan in Peru to a bond sold almost exclusively to pension funds in Singapore: four emerging-market funds, one question almost no one answers in public — what actually returned? Impact investing has a disclosure problem. The frameworks multiplied. AUM keeps growing. But deal-level
The $120 Trillion Repricing: 4 Investors on the Carbon Bubble, Stranded Assets & Real Returns | (#142)
The $120 Trillion Repricing: 4 Investors on the Carbon Bubble, Stranded Assets & Real Returns | (#142) Aug 6, 2026 3625 Four investors. Four asset classes. One question: where does real money actually go to work on climate?In this compilation episode, I revisit conversations with four investors who put real money to work in the physical economy, across greenhouses, Indian agrifood, forests, and the fossil fuel reserves sitting on public markets. They approach climate from very different asset classes, and the contr
A 1% Loss Rate “Unheard Of” in Frontier Markets: How Local-Currency Lending Rewrites African Credit Risk | Clemens Calice, Cygnum Capital   (#141)
A 1% Loss Rate “Unheard Of” in Frontier Markets: How Local-Currency Lending Rewrites African Credit Risk | Clemens Calice, Cygnum Capital (#141) Jul 30, 2026 5162 🌎 Get the latest updates on Sustainable & Responsible Investing at: https://sri360.com/newsletter/A local-currency bond fund put roughly $600 million to work across some of the credit markets the world rates as riskiest — and lost about 1% of it, over 11 years.That record belongs to Clemens Calice, who walked out of Goldman Sachs in 2009, in the middle of the financial crisis, with two colleag
China Makes 70% of the World's Vitamins: The Fermentation Edge Hiding in Idle Factories | Matilda Ho, Bits x Bites (#140)
China Makes 70% of the World's Vitamins: The Fermentation Edge Hiding in Idle Factories | Matilda Ho, Bits x Bites (#140) Jul 23, 2026 6082 Matilda Ho was banned from the kitchen for the first 25 years of her life. Her mother’s rule was simple: cooking is what you do when you fail at school. She now runs China’s first food tech venture fund.I’m joined by Matilda Ho, Founder and Managing Director of Bits x Bites — a $100 million fund vintaged in October 2020, 15 companies backed, Series A and B, and a board seat as a condition of every
Too Big for Venture, Too Small for PE: Inside the ‘Missing Middle’ Where the Alpha Hides | Sanjeev Krishnan, S2G Investments (#139)
Too Big for Venture, Too Small for PE: Inside the ‘Missing Middle’ Where the Alpha Hides | Sanjeev Krishnan, S2G Investments (#139) Jul 15, 2026 5227 Sanjeev Krishnan spent thirty years arriving at one conclusion: the clean economy's binding constraint isn't technology, it's capital structure. He watched brilliant technologies, brilliant people and brilliant visions get broken on the wheel of misaligned capital — not because the science failed, but because the financing never fit what they were trying to build.That gap is the hea
Good Deals Don't Make Good Markets: Why Impact Investing Needs More Than Capital | Elizabeth Boggs Davidsen, GSG Impact (#138)
Good Deals Don't Make Good Markets: Why Impact Investing Needs More Than Capital | Elizabeth Boggs Davidsen, GSG Impact (#138) Jul 9, 2026 3674 🌎 Get the latest updates on Sustainable & Responsible Investing at: https://sri360.com/newsletter/What does it take to move impact investing from individual transactions to a system?  And what does that mean for the field when the global development finance landscape shifts so dramatically in such a short period of time? In this episode, Elizabeth Boggs Davidsen traces a career that begins in

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