Why family offices blend impact investing with philanthropy

Family offices are giving back to society through a mix of impact investing and philanthropy, as they try to balance environmental, societal and governance (ESG) objectives with investment returns.  Difficulties in measuring performance and impact, as well as some social enterprises' need for an extra push, are among the reasons why family offices are using philanthropy alongside their impact investments.  While ESG-integrated portfolios have proven to produce equal or better re…