PARIS (2 February 2012) — His Highness the Aga Khan, Imam of the Shia Ismaili Muslims and leader of the nondenominational Aga Khan Development Network, urged Urban Land Institute (ULI) Europe leaders at the Institute’s real estate conference in Paris this week to consider the social and environmental impacts of investment decisions.
The Aga Khan, the 2011 recipient of the ULI J.C. Nichols Prize for Visionaries in Urban Development, discussed the value of impact investing during a keynote presentation at a ULI Europe leadership dinner. The industry would benefit from “a great deal” of upside potential if it made investment decisions that pursued a balanced mixed of financial, social, economic and environment goals, said His Highness, who is an unparalleled global leader in development, cultural preservation, and philanthropy.