Karl is the co-founder of EngagedX, which specialises in providing bespoke consultancy, thought leadership, advocacy and policy work. He works internationally across private, public and social sectors. He is an experienced entrepreneur, leader and executive.
He was recently Head of Research and Knowledge for the UNDP SDG Impact Finance initiative (UNSIF), where he led research to improve the analytical framework for social impact investing; was a member of Groupe d’Experts de la Commission sur l’Entrepreneuriat Social (GECES) appointed by the European Commission to advise on its Social Business Initiative; sits on the OECD expert group on social impact investing; Senior Fellow of the Finance Innovation Lab; Adviser to a select number of organisations.
Karl has been invited by civil society organisations, academia, governments and the media across Europe, Asia and USA to speak on social impact investing. He has guest lectured at the Universities of Oxford and Cambridge; advised HM Treasury on EU social investment regulations; was invited to submit evidence for alternative finance to the UK’s Parliamentary Commission on Banking Standards; been asked by the UK Cabinet Office to represent the UK on social investment at EU level; was invited by US Secretary of State to be a plenary panelist at the Global Impact Economy Forum in 2012.
In 2011, he co-authored ‘Making Good in Social Impact Investment: Opportunities in an Emerging Asset Class’.
Karl holds an MBA specialising in entrepreneurship and project management, writing his dissertation on data interoperability standards and collaboration principles in the building design industry. He started his career as an architect and project manager for multidisciplinary design teams, and development leader for public and private sector construction projects. Karl was the founding Chair of Friends of the Crystal Palace Subway, which is a community-led initiative to reopen a historic community asset to the public.
Author Archives: Karl H Richter
Three long-term economic trends all point towards zero: 1) official interest rates; 2) dividends from stock markets (as a proportion of total returns); and 3) economic growth rates. What are the potential consequences for our economic model if these mega-trends … Continue reading
To find the answer, we need to go back to the origin of the word “data”. ‘Etymology can give a startling new perspective on many of the phrases we frequently toss around in business’, says Gillian Tett in her FT … Continue reading
Introducing “Triple Entry Bookkeeping” – an accounting methodology that incorporates the non-financial #impact of commercial transactions. It is a way to factor in #externalities, positive or negative, within market prices and asset valuations. It sets out rules for #ProgrammableMoney that … Continue reading
Money, finance and capital markets are social constructs that have ostensibly evolved for societal purpose. Yet paradoxically finance and enterprises that intentionally target social returns need to be prefixed with the word ‘social’ (sometimes ‘impact’, sometimes ‘social impact’) to make … Continue reading