Building consensus for how we measure and manage impact
The IMP is facilitating a global network of standard-setting organisations to coordinate efforts that can accelerate widespread impact measurement and management.
What is Impact
All enterprises and investments generate positive and negative outcomes for people and the planet.
Everything we do generates outcomes for people and the planet. Impact management is the ongoing process of measuring those outcomes, in context, to reduce the negative and increase the positive.
To mainstream impact measurement for management, enterprises and investors need end-to-end rules of the road.
What is the IMP structured network?
The Impact Management Project (IMP) is facilitating a global network of standard-setting organisations to coordinate impact measurement and management principles, frameworks, disclosure standards and benchmarking initiatives that, taken all together, provide clarity for anyone looking to measure, manage and report their impact.
The network is an unprecedented collaboration between: the United Nations Development Programme (UNDP), the Global Reporting Initiative (GRI), the Global Impact Investing Network (GIIN), the Principles for Responsible Investment (PRI), the International Finance Corporation (IFC), the Global Steering Group for Impact Investment (GSG), Social Value International (SVI), the Organisation for Economic Co-operation and Development (OECD) and the World Benchmarking Alliance (WBA).
This network builds off the prior efforts of the IMP which, since 2016, has collaborated with over 2,000 practitioners to agree on norms for impact measurement and management.
Click here to learn more about the network.
Supporting the Sustainable
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 tribes. 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 work of the IMP provides a lens to understand the impact performance of different enterprises and investments against the SDGs.