Investing to Create an Impact with COIN

On the 17th of September, NUImpact hosted Meghan Schleck and Abraham Ahumada, the two co-founders of COIN. COIN is a digital impact-aligned investing platform subsidiary of John Hancock.

Traditionally, with mutual funds and 401(k)’s, it is almost impossible to reconcile each individual company that one is investing in and there’s no control over one’s direct shares. However, COIN has established eight Impact Areas that are aligned with the United Nation’s Sustainable Development Goals (SDG’s) and COIN investors can choose three areas that align most with their respective values to create a personalized portfolio of 75–100 impactful companies. The eight impact areas include Gender Equality, Climate Action, Better Health, Clean Water, Reduce Waste, Quality Work, Modern Cities, and Shared Prosperity; and each company is ranked by these individual indicators to show its performance in the various categories their investors are interested in. And you can start investing with only $50.

Students had the opportunity to ask Meghan and Abraham numerous in-depth questions about market trends, green washing, and quantifying impact across various sectors. COIN is utilizing John Hancock’s 157 years of experience to create an impact, risk, and return focused platform that is creating a difference in the world. NUImpact students left the event with a passion and desire to spread awareness for conscious investing.