2019
Impact-Weighted Accounts Initiative Research
Research on impact valuation published in the form of case studies and white papers. Specific illustrative examples are provided for product impact.
Use this resource to:
- Learn about key considerations when monetising impact, using publicly available information on companies.
Operating Principles for Impact Management
The GIIN Operating Principles for Impact Management provide a framework for investors and fund managers to manage and measure their impact. The principles outline best practices for impact management across the investment lifecycle, from strategy development to implementation, monitoring and reporting.
This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.
Creating Impact: The Promise of Impact Investing
Guidance on designing impact measurement systems for impact investments selection.
Use this resource to:
- Measure, assess and value: Design an impact measurement system for impact investments.
CDP Financial Services Disclosure System
Tools for investors, companies, cities, states and regions to manage their environmental impacts. The CDP Financial Services Disclosure System allows for a baseline assessment of climate-related risks, opportunities and impacts in financing portfolios; and of how banks, asset owners, asset managers and insurance companies are preparing for the net-zero carbon transition.
Use this resource to:
- Identify: Understand the relevant climate change, forests and water security impacts to measure, based on the organization’s size, sector, and geography.
- Measure, assess and value: Track change in performance over time. Each question in the questionnaire is scored – some with reference to social or ecological thresholds – to help the organisation determine whether it is performing sustainably on that topic.
- Communicate: Report to all stakeholders on climate change, forests and water security. The questionnaires provide a framework for companies to report environmental information to their stakeholders covering governance and policy, risks and opportunity management, environmental targets and strategy, and scenario analysis. Receive an A-D grading based on questionnaire responses.
- Benchmarking and rating: Benchmark environmental performance against industry peers and receive feedback on progress each year. The information disclosed is also used by financial markets for stewardship and engagement, in investment research, new financial products, and global indices and ratings.
Sustainable Finance Disclosure Regulation (SFDR)
Regulation that sets out sustainability disclosure requirements for financial market participants within the EU. It includes disclosure requirements for firm-level as well as for investment products. Disclosure requirements cover mitigation of negative impacts termed ‘principal adverse impacts’ and performance on sustainable investment objectives.
Use this resource to:
- Communicate: Review regulation for disclosure requirements for financial market participants in the EU
TEG Interim Report on EU Climate Benchmarks and Benchmarks’ ESG Disclosures
The EU Climate Transition Benchmarks (CTB) and Paris-Aligned Benchmarks (PAB) are examples of portfolio impact benchmarking techniques being employed in regulation. The regulation sets out requirements for index providers to construct investable indexes that are on a 7% decarbonisation trajectory.
Use this resource to:
- Measure, assess and value: Review EU’s proposed approach for establishing benchmarks, which incorporates greenhouse gas emissions at portfolio level. A climate benchmark serves as an investment performance benchmark for GHG emission-related strategies; an engagement tool and a policy benchmark to help guide strategic asset allocation.
Principles for Responsible Banking
The Principles for Responsible Banking (PRB) guide banks in aligning their business strategies with society’s goals, as well as promoting sustainability. These principles aim to encourage banks to play a crucial role in achieving global sustainable development objectives, including addressing climate change, promoting financial inclusion and fostering sustainable economic growth.
This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.
IRIS+ Thematic Taxonomy
The IRIS+ Thematic Taxonomy provides guidance to impact investors on the IRIS+ Impact Categories and Impact Themes.
Use this resource for the following Actions of Impact Management:
- Strategy: Set an intention for impact using the IRIS+ Thematic Taxonomy of Impact Categories and Impact Themes.
Social and Human Capital Protocol
The Social and Human Capital Protocol is a framework designed to assist organisations in identifying, measuring, and managing their impacts and dependencies on social and human capital. It provides a standardised approach for businesses to integrate social and human capital considerations into their decision-making processes, enabling them to better understand and manage their relationships with employees, communities and stakeholders.
This is a cross-cutting resource, meaning that it supports the internal impact management process as a whole, rather than one or a few of the Actions of Impact Management.
Standard on Applying Social Value Principle 3: Value the Things that Matter
Standard and guidance on how to apply the third of SVI’s Social Value Principles.
Use this resource to:
- Measure, assess and value: Use the guidance to value impacts from the perspective of affected stakeholders. This standard emphasises the importance of using data collected directly from stakeholders.