A forum for building global consensus on how to measure, assess and report impacts on people and the environment
What is the Impact Management Project?
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 on the right-hand side represent 15 organisations that have formed a structured network to work together with our support.
The IMP also convenes a community of over 2,000 practitioners to share best practices, delve into technical issues and identify areas where further consensus is required in impact measurement and management.
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
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
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.
Reporting on enterprise value: Illustrated with a prototype climate-related financial disclosure standard
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* Current composition of the IMP Advisory Group