Impact investors have a long way to go to get impact management right. They need to get better at it, or risk meeting the same fate as ESG investing – being branded as a scam – and fail in their mission to save people and planet.
Just 28% of BlueMark's US$160bn-strong sample commit to “critical” practice, with impact investors that target below-market rates scoring better overall on impact management practices than market-rate peers.
Head of Harvard Business School’s Impact-Weighted Accounts Project sets out his vision for true impact transparency as he emphasises that existing sustainability accounting approaches focus too much on risk.
Data-savvy entrepreneurs connect better with their customers and run healthier businesses. But social startups often lack technical knowhow. The Miller Center for Social Entrepreneurship wants to change that – but it faces a learning curve, too.
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.
How do you cut through the spin and froth of 'impact washing' now that everyone seems to have an impact product to sell? And as impact investment snowballs, is fund manager impact keeping up?
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".
From charities to corporations, we must recognise the importance of continuous improvement as we look towards a future where equality and protecting the planet are key, says Social Value UK.
