Calvert Impact Announces New Board Chair Andrew Marino, Marking Leadership Transition

Calvert Impact has announced the appointment of Andrew Marino as its new board chair, effective January 1, marking a significant leadership transition for the global nonprofit investment firm. Marino, a partner at Summa Equity, succeeds Bart Harvey, who has led the board for the past ten years. With several decades of private market investment and corporate governance experience, Marino brings significant expertise in impact and climate-oriented investing. In his current role at Summa Equity, he leads the group's North American activities and serves on the board of Climate United, a coalition that includes Calvert Impact.

CEO Jennifer Pryce highlighted the strategic importance of Marino's appointment, noting that his expertise will be valuable as the organization develops its new strategic plan. Marino expressed honor in succeeding Harvey and partnering with the team to guide Calvert Impact through its next growth phase. Harvey's departure concludes a decade of transformative leadership. As the former chairman and CEO of Enterprise Community Partners, he played a crucial role in creating the Low-Income Housing Tax Credit and launching the Green Communities initiative. Pryce praised Harvey's instrumental guidance in shaping Calvert Impact's innovative approach and driving substantial organizational growth.

Calvert Impact has a proven track record of mobilizing capital for social and environmental impact, having deployed more than $5 billion over the past 30 years through various investment products and partnerships. These include the Community Investment Note®, Cut Carbon Note®, Access Small Business Program, Mission Driven Bank Fund, and Climate United. The leadership transition represents a strategic moment for the organization, positioning it to continue its mission of helping investors and financial professionals support solutions that benefit people and the planet.