PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
The fund's largest grant cycle to date will fund initiatives by a group of organisations, including BlueMark and B Lab, to improve impact data availability, metrics and measurement.
BlueMark's in-depth review of 30 investors – with a combined $99bn in impact assets under management – finds more than half not aligned with SDG targets, while cost constraints mean only 11% engage with stakeholders to assess their impact.