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?
For many socially driven start-ups the journey from idea to business execution is a long and complicated one. This is why developing a theory of change can help guide you and ensure the end goal is always in sight.
It is hard to encourage newcomers into the field of impact investment when there is so little information about the gains (or losses) that can be made – both financial and social. The KL Felicitas Foundation is working to address this.