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|Date: 2022-07-01 Page is: DBtxt001.php txt00021057|
Original article: https://impactmanagementproject.com/
Find out how the IMP is enabling consensus-building
The Impact Management Project (IMP) provides a forum for building global consensus on measuring, assessing and reporting impacts on people and the natural environment. It is relevant for enterprises and investors who want to manage environmental, social and governance (ESG) risks, as well as those who also want to contribute positively to global goals.
The IMP facilitates standard-setting organisations that, through their specific and complementary expertise, are coordinating efforts to provide comprehensive standards and guidance related to impact measurement, assessment and reporting.
The [logos] names [on the right-hand side] below represent 15 organisations that have formed a structured network to work together with our support.
As a time-bound global public interest project, the IMP is funded by a diverse group of donors from Europe, the US and Asia. The team also brings perspectives from a wide range of countries, including the UK, Norway, USA, Canada, South Africa, Romania and Australia.
What is Impact Management?
Most companies and investments have negative and positive impacts on people and the planet.
Impact management is the ongoing practice of measuring, assessing and improving impacts on sustainability issues. It is relevant for enterprises and investors who want to manage environmental, social and governance (ESG) risks, as well as those who also want to contribute positively to global goals.
To mainstream impact management, companies and investors need coherent guidelines on how to measure, report, compare and improve.
Supporting the Sustainable Development Goals
The Sustainable Development Goals (SDGs) challenge all enterprises and investors to measure and manage their impact on people and the planet – positive and negative, intended and unintended. These Global Goals provide a common ground for previously siloed parts of the market. They apply to big and small enterprises, public and private capital markets, and development finance. They are as relevant to enterprises and investors focused on ESG risk management as to those focused on positive intended theories of change.
The SDGs call for a united effort to achieve a shared set of targets and indicators, within which businesses and investors can differentiate and communicate their roles based on their social / environmental goals and performance.
The consensus-building technical work of the IMP supports enterprises and investors to understand and improve performance against the SDGs.
By IMP 18 December 2020
Reporting on enterprise value: Illustrated with a prototype climate-related financial disclosure standard Structured Network
By IMP 11 September 2020
Statement of intent to work together towards comprehensive corporate reporting Structured Network
By IMP 10 August 2020
Read our latest impact management discussion documents
By Impact Frontiers 30 June 2020
Webinar recording: How to implement impact and financial integration techniques Investor Perspective
By IMP 04 June 2020
Webinar recording: Incorporating the stakeholder’s voice into impact management Stakeholder Perspective
By IMP 16 April 2020
Webinar recording: Classifying the impact performance of your portfolio
* Current composition of the IMP Advisory Group
Contact ... Have a question about the Impact Management Project?
Please check out these answers to our more frequently asked questions:
How do I get started with the IMP?
We suggest you begin by taking a look through the impact management norms. These explore how enterprises and investors can measure their impacts on people and the planet. You can also click here to learn how investors can classify the types of impact occurring across their portfolios.
Check out the Resources page for case studies and impact reports that demonstrate usage of the impact management norms. There you can also find our recorded webinars that delve into the impact management norms in further detail.
How do I become more involved with the IMP’s work?
Subscribe to our newsletter for the latest updates on the IMP and the Structured Network.
Become recognised as part of our Practitioner Community. We recognise any organisation that has engaged with the IMP – be that through attending huddles or webinars, using the IMP consensus as guidance for their own impact measurement and management work, or providing feedback to the team on how the norms are use in practice – to be a part of this community.
Click here to submit your logo.
What other related resources are available to me as an investor?
Impact Frontiers is a learning and innovation collaboration developed with and for asset managers, asset owners and industry associations. It is designed to help investors better understand and implement existing impact frameworks and standards, and integrate them alongside their own financial considerations.
The IMP+ACT Alliance, hosts a free self-assessment and reporting tool for investment practitioners wanting to integrate sustainability factors into their investment decisions, investment practice and performance analysis. The IMP+ACT Classification System (ICS) was developed using the impact classes, which are used to group investments based on their impact characteristics.
Stay up to date with our latest developments, from case studies, to practitioners’ perspectives, to templates to put impact management into practice.
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