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.
Up to 50,000 firms required to meet stricter reporting standards from 2024, with proposed directive that seeks to fill major data gaps and overcome what finance chief Mairead McGuinness calls “systemic risks” for the economy.
We need ‘warrior accountants’ who must do more than help “standardise ESG”, warns Jeremy Nicholls. The risks of depending on declining environmental resources or below-standard working conditions must also be “managed and reported".
Impact measurement is not only challenging – it can also be a distraction from what really matters, argues our columnist, who draws on conversations with some of the women critiquing and reimagining this burgeoning industry.
Impact reports deserve more than the usual platitudes and a superficial glance – but without broad agreement on what makes good quality impact measurement, it’s impossible to learn from each other’s work. Time for a new starting point?
Measuring and managing social impact is a fundamental characteristic of any investor for impact. But what does that mean in practice? Daniel Brewer, head of UK social investment firm Resonance, takes us behind the scenes.