The Imperative for Impact Measurement
All organisations have an impact on social or environmental conditions, whether directly or indirectly, intentionally or unintentionally. [...] the framing of impact influences the way in which it is measured, and indeed, valued. Rather than viewing impact measurement as the search for a single consolidated metric, we instead think of it as a toolkit of principles, approaches, and processes which allow for informed judgements of what a project or investment has achieved in terms of social and/or environmental changes.
Impact Investing Handbook
Many impact investors still struggle with impact measurement. But keep in mind that the financial-accounting standards that we take for granted today are the product of decades of iterative development, review, and negotiation. We are still in the early days for the analogous journey in social- and environmental-impact accounting. In this chapter, some starting points were provided which allow you to design your IMM approach in a pragmatic manner.
Impact Measurement Guide
This guide seeks to help impact ventures identify and advocate for the impact measurement and management (IMM) strategy that will serve them best in the moment. We provide new insights and actionable guidance for both ventures and investors committed to improving their IMM practices and performance.
Reports & Guides
Ventures At The Helm: How Ventures & Investors Navigate the Impact Measurement & Management (IMM) Journey, Together
Commissioned by Working Capital Fund, Humanity United, Laudes Foundation
Formative Mid-Term Evaluation of Convergence Blended Finance Inc
Commissioned by Global Affairs Canada
Impact Investing in Canada: Notes from the Field
Intersections and Innovations / Muttart Foundation
Improving the Measurement of the Social Impact of Market-Based Approaches
American Journal of Evaluation
Nesta Impact Investments: Impact Strategy Audit Report
Commissioned by NESTA
Impact Investing: Measuring Household Results in Rural West Africa
ACRN Oxford Journal of Finance and Risk Perspectives
Unlocking Capital, Activating a Movement: Strategic Assessment of the Impact Investing Initiative
Commissioned by the Rockefeller Foundation
Accelerating Impact: Achievements, Challenges & What's Next in Building the Impact Investing Industry
Commissioned by the Rockefeller Foundation
Growing Supply and Demand Together: Ten Priorities for the Impact Investing Industry
Commissioned by the Rockefeller Foundation
Measurement That Matters: Ten Steps for Assessing Social Impact
Commissioned by the Rockefeller Foundation
Assessing Impact Investing: Five Doorways for Evaluators
Commissioned by the Rockefeller Foundation
Field-Building for Resilience: Ten Field-Building Tactics for the Impact Investing Industry
Commissioned by the Rockefeller Foundation
Assessing Market-Based Solutions: Lessons from Evaluating a Youth Employment Initiative
Commissioned by the Rockefeller Foundation
Developmental Evaluation in Practice: Lessons from Evaluating a Market-Based Employment Initiative
Commissioned by the Rockefeller Foundation
Youth at Work: Building Economic Opportunities for Young People in Africa
Commissioned by the MasterCard Foundation
State of the Nation: Impact Investing in Canada
Commissioned by RBC & MaRS Centre for Impact Investing
Impact Investing In Canada: Iterative Experimentation With Policy And Practice
Impact Investing Policy Collaborative
Social Finance in North America
Global Social Policy
Guidebook on Retail Impact Investing for Canadian Credit Unions
Commissioned by Canadian Credit Union Association
Guidebook for Impact Investors: Impact Measurement
Commissioned by Employment & Social Development Canada
Social Impact Measurement Use Among Canadian Impact Investors
Commissioned by Employment & Social Development Canada
Social Finance Models for the Settlement and Integration Sector in Canada
Commissioned by Immigration, Refugees and Citizenship Canada
Opportunities for Impact: A White Paper on Social Impact Investing
Commissioned by the TD Bank Group
Redefining Returns: Social Finance Awareness and Opportunities in the Canadian Financial Sector
Commissioned by Employment & Social Development Canada
Articles & Posts
The Imperative for Impact Measurement
Oxford Answers / Said Business School
The Free Market Must Account for Environmental and Social Impact
Stanford Social Innovation Review
Streams of Social Impact Work
Rockefeller Foundation
Generational Partnerships for Impact
Your Guide to Responsible Investing / Globe & Mail Supplement
Mainstreaming Impact Investing
Your Guide to Responsible Investing / Globe & Mail Supplement
How to Invest with Impact
CSI Collider Magazine / Centre for Social Innovation
Lessons from a Foundation’s (Ongoing) Journey to a 100% Responsible Portfolio
Responsible Investment Association
Training and Curriculum for Evaluating Impact Investing
American Evaluation Association
Market-Based Approaches to Poverty Alleviation: Ways to Engage as an Evaluator
American Evaluation Association
Contributor - as Advisor, Expert, or Committee member
Measuring Impact: Subject Paper of the Impact Measurement Working Group
Member of the Impact Measurement Working Group (IMWG), created as part of the G8 Social Impact Investment Taskforce, which developed measurement guidelines for impact investors, as well as a aspirational vision for impact measurement in impact investing.
An Action Plan towards a common approach to impact measurement for social enterprise in Ontario
Co-Chair of the Taskforce commissioned by the Government of Ontario, with a mandate to integrate diverse perspectives across the social enterprise sector to inform and support development of an Impact Measurement Action Plan for Ontario.
Impact Investing Handbook: An Implementation Guide for Practitioners
Member of the Advisory Board and co-author of two chapters (theory of change and impact measurement), for this handbook from Rockefeller Philanthropy Advisors. It guides asset owners to establish impact and investment goals; describes approaches, practices, tools, and structures; and guidance on how to measure success and impact.
Impact Principle: Widening participation and deepening practice for impact investment at scale
Member of the Working Group of the Global Steering Group which published this report on widening (encouraging more actors to engage, more effectively, and at scale) and deepening (concrete guidance to promote impact integrity, measurement, and transparency) the impact investing market.
Why Impact Management?
Contributed an article to this compilation from Salesforce.org & Mission Investors Exchange to reiterate the importance of impact management as dynamic, integrated, and forward-looking.
A Developmental Evaluation Companion
Shared a case study for this report supported by the McConnell Foundation of how developmental evaluation principles were applied in an impact investing fund context.
Impact Due Diligence: Emerging Best Practices
Advisor to Pacific Community Ventures on this report that describes the impact due diligence approaches employed by leading impact investors. While systematic impact due diligence approaches are still emerging across the impact investing industry, the report identified seven areas of best practice.
The Impact Due Diligence Guide
Advisor to Pacific Community Ventures on “How To” Guide, covering topics such as building impact-focused due diligence questionnaires and quantitative tools, integrating impact due diligence into existing processes, and using impact due diligence to inform investment decision-making.
Good & Well: Approach to Impact Measurement and Management
Advisor to Good & Well on this report that describes their approach to impact measurement and management.
Good & Well: Step by Step Guide on Impact Measurement and Management
Advisor to Good & Well on this step by step guide for their approach to impact measurement and management.
(Re)Calibrating Feedback Loops: Guidance for Asset Owners and Institutional Investors Assessing the Influence of System-level Investing
Advisor on the report/framework by TIIP for investors to measure their impacts and influence on system-level investing.
Impact-Linked Compensation: Considerations, Design Options and Frameworks
Advisor on the report/framework supported by The ImPact for fund managers on approaches and considerations for impact-linked compensation.