Towards a common language for Impact Management: IMP Partners unveil unique collaboration on sector impacts
How to understand and manage impacts is highly sector and context dependent. While the tailoring of sustainability frameworks and resources to specific sectors is progressing, a group of IMP Partners have published a unique contribution in the form of the Sector Impact Matrix, a holistic mapping of likely positive and negative sustainability impacts across economic sectors and activities.
Building on the Platform’s prior R&D work on sector classification and sustainability topic nomenclature, and the prior UNEP FI Sectors Mapping, the group comprising B Lab, Capitals Coalition, GIIN, GRI, OECD, TISFD, TNFD as well as UNEP-WCMC and Humane World for Animals, has worked with UNEP FI to deliver a highly enhanced mapping.
Key Features of Matrix:
- Likely positive and negative impacts on people, society and the natural environment mapped for 1000+ sectors based on ISIC Rev. 5 and the new edition of the UNEP FI Impact Radar
- All sector-impact associations fully explained and referenced
- Numerous new data points included for each sector-impact association: affected parties, impact drivers, value chain position, associated risks and opportunities
- New interactive search functionalities introduced to improve how users read, understand and process impact data
- User Guide added, including detailed information on methodology as well as interoperability guidance for numerous sustainability frameworks and resources
Who & what is the Matrix for?
As a global resource providing a common understanding of sector impacts, the Matrix speaks to a wide range of audiences, including corporates, financial institutions and investors, for which the resource can support strategic and operational decision-making processes such as materiality assessments, client screening & due diligence, client engagement & issuance of sustainability-focused products and services, determination of impact investing objectives, and portfolio selection.
At the same time, the Matrix is a key resource for the Platform Partners themselves as they continue to develop sector-specific guidance and tools and build interoperable solutions.
Download the Matrix and User Guide here. Watch the recordings of two-part launch: Part 1 and Part 2.
Call for input
The Matrix is a live resource, and a series of engagements will be pursued over a year-long consultation period. Interested? Sign up for updates here.