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Making Better Business Decisions by Impact Measurement

ImpactAlpha Dec 27, 2017
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Making Better Business Decisions by Impact Measurement
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One of the industry’s most impressive areas of progress and achievement rarely makes headlines, even though it is fundamental to impact investing, is impact measurement and management.

To better understand the impact measurement and management (IMM) approach of impact investors, for the first time ever we have a comprehensive data set on current practice.

Impact investors should explore the following opportunities to strengthen their practice and further deepen their impact:

  1. Investors should recognize that every investment creates multifaceted impact.
  2. Impact investors can enhance the rigor of their impact strategies by setting targets and embedding them into business practices
  3. By making more of their impact data available to key stakeholders and the broader industry, investors can strengthen the evidence base for understanding the impact results of impact investments, share lessons with others, and accelerate the field’s influence over critical problems facing society and the environment.

Greater communication about impact performance will enable all impact investors and their investees to better understand, expand, and deepen their impact to more effectively overcome some of the world’s most intractable social and environmental challenges.

Read the full article by Amit Bouri about impact measurement from ImpactAlpha

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Since you are interested in Impact Investing, have you read these selections from Giving Compass related to impact giving and Impact Investing?

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    By Screening For Good, Investors Can Plant Seeds for Future Wealth

    Giving Compass' Take: • Writing for Be the Change, Oliver Russell's Russ Stoddard discusses how investors dedicated to social progress can bring return and stay true to their values. • How do these ideas fit into your own impact investing strategy? The message about focusing locally is one any socially-conscious entrepreneur can internalize. • More more advice, check out these four lessons from four decades of impact investing, via the MacArthur Foundation. As a Certified B Corporation and public benefit corporation, Oliver Russell makes impact investing a part of all we do, whether that means investing in our own company, fellow social enterprises, or NGOs in our community. Since Oliver Russell was founded in 1991, the company has donated more than $2 million to social enterprises and nonprofit causes in its community. Additionally, we partner with B1G1 to tie business outcomes to international social impact. For example, in 2017: Based on the number of e-newsletter signups, we fed a child in an Ethiopian nursery for 966 days. We landed five new clients this year, and in turn we provided five business loans to women in Africa. Book sales from “Rise Up  —  How to Build a Socially Conscious Business” meant we donated 234 children’s books to libraries in Cambodia. I don’t mention all of this to toot our horn but rather to show that impact investing means looking beyond traditional measures of financial success. Impact investors — whether corporate foundations or companies, family foundations, or individuals — make the world a better place by evaluating social and environmental returns as well as meeting or exceeding financial metrics. And you don’t have to be a big corporate behemoth to do it.


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