10,000 new jobs created. 1 million metric tons of CO2 emissions reduced. 2,000 new units of affordable housing built. 40% increase in graduation rate achieved. 80% decrease in malnutrition accomplished.
Each of these metrics makes for a good headline, but fails to offer a complete picture of impact results or how these results were pursued and achieved.
This fundamental question as to how best to disclose impact results represents the next frontier for the impact investing industry. Aligning on the answer will help the impact investing field unlock capital at scale and, even more importantly, distribute that capital for optimal, tangible, and verifiable impact.
BlueMark has been helping to shape and define best practices for impact reporting. After 18 months of research – which included analyses of impact reports, interviews with 50+ impact investing experts and a pilot project with Impact Frontiers – we are ready to share our framework for evaluating the completeness and reliability of impact reporting.
The framework, which provides the basis for BlueMark’s approach to verifying impact reports, will be made available for download on BlueMark’s website.
Join BlueMark and leaders from across the impact investing industry on December 13th for a discussion of the importance of more transparent, robust and decision-useful reporting and the steps different actors can take to advance the quality of impact reporting forward.
