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Bill Hortz: From your perspective as active leaders in social investing, what are your biggest concerns on the space right now?

Cornerstone (Erika Karp): I do see a critical gap in the set of tools being used—in the ability to systematically measure impact. The lack of consistent, broadly applicable measurement standards makes it extremely challenging to understand how investment dollars benefit, or harm, our world. Organizations such as the Sustainability Accounting Standards Board (SASB), of which I am a founding Board member, the Global Reporting Initiative (GRI) and others are working diligently to progress the adoption of consistent data reporting standards and meaningful metrics.

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