Building global consensus on how to measure and manage impact
What is Impact
Most companies and investments have negative and positive impacts on people and the planet.
Impact management is the ongoing practice of measuring our risk of negative impacts (the focus of much ESG data) and our positive impacts, so that we can reduce the negative and increase the positive.
To mainstream impact management, companies and investors need coherent guidelines on how to measure, report, compare and improve.
What is the Impact Management Project?
The Impact Management Project (IMP) is a forum for building global consensus on how to measure, compare, and report ESG risks and positive impacts.
We convene a Practitioner Community of over 2,000 organisations to debate and find consensus (norms) on technical topics, as well as share best practices.
We also facilitate the IMP Structured Network – an unprecedented collaboration of organisations (see logos) that, through their specific and complementary expertise, are coordinating efforts to provide complete standards for impact measurement, management and reporting.
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 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 work of the IMP provides a lens to understand the impact performance of different enterprises and investments against the SDGs.