Aligning Investors on Impact Management
12th June 2020 10:00am Singapore Time
- Despite the widely held belief that impact measurement and management is needed, questions remain: What is considered a “good” impact is highly debatable; How much standardisation should be applied and therefore which metrics are most effective? The metrics help in the due diligence, but each investor will make the investment decision based on the impact they want to see (each investor has their own vision).
- The session discussing impact management resources The Impact Management Project (IMP) & GIIN’s IRIS+. IRIS+ collects a huge database, forming core metrics, evidence & research that helps investors in the due diligence process. IMP aims to measure the change in outcome caused by an organisation, some outcomes are financially material, some positive, some negative.
- Practitioners note that having quality data to measure impact is challenging but knowing what to measure may be more important. This is what IMP and IRIS+ are designed to help with. SEAF walks through how they use IRIS+ to identify core metrics (no. of quality jobs; total revenue generated; total taxes paid) alongside supplementary metrics (gender impact; suppliers & beneficiary/customer demographic; governance) and finally thematic metrics (agriculture; clean tech & renewable equity) to identify good investment companies.