We align our approach to the framework provided by the Impact Management Project (IMP), which describes 5 dimensions of impact: What, Who, How Much, Contribution, and Risk.
Evidence is building that “market-rate returns” can be generated alongside positive social or environmental outcomes and the market sentiment that impact investing is inherently bad for performance is being challenged.
Counting “lives touched” is unsatisfying, yet the cost of conducting randomized control trials that serve as the “gold standard” for measurement can be lengthy and prohibitively expensive.