Organisations

Actions of impact management for:

Organisations of all types have positive and negative impacts on people and the natural environment. The following actions cover the fundamentals of impact management common to any organisation, whether corporate or financial institution, operating in any sector.

Strategy

Embed impact management into strategy according to organisational purpose and goals
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Governance

Establish oversight and accountability for impact management
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Identify

Understand all impacts potentially associated with the organisation
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Measure, assess and value

Understand current practice and performance to inform prioritisation and decision-making
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Set targets and plan

Make decisions and get ready for implementation and delivery
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Implement

Roll out action plans to manage impacts, deliver on targets and fulfill business strategy
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Monitor, learn and adapt

Track and evaluate implementation and performance for continuous improvement
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Communicate

Explain and disclose practice and performance to inform stakeholders
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Verification, assurance and certification

Obtain third-party validation of information on practice and performance
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Benchmarking and rating

Assess and compare practice and performance to inform stakeholders and drive accountability
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