From Access to Systems – The Evolution of Impact Investing

Van Lanschot Kempen’s latest Sustainability in Action report, produced with Collective Action, charts the decade-long shift of impact investing toward systemic, multi-theme solutions.

• Assets under management have more than doubled in five years, reflecting growing institutional demand for measurable impact alongside returns.

• Investment themes have evolved from addressing basic needs (healthcare, education, energy) to systemic approaches linking climate, biodiversity, and circular economy.

• Integrated portfolio construction across asset classes—ranging from regenerative farmland to private equity and debt—creates diversified pathways for impact and resilience.

How can investors capture alpha while driving system-wide transformation? The full report offers a roadmap for action.