AVPN has teamed with Impact Frontiers to offer a 15-month consultative journey that will help asset owners and managers integrate impact into their investment practice.
Impact Frontiers Asia supports investors to build new capabilities to manage impact and integrate impact into their investment practices. Through confidential structured meetings, cohort members experiment with new approaches, share their tools and experiences, learn from peers, benefit from thought partnership and advance the state of impact management practice in the sector.
It’s been designed for asset managers of all asset classes and for asset owners such as family offices, foundations and endowments.
By teaming with AVPN as Asia’s largest social investing network, Impact Frontiers Asia will provide participating investors will develop and fine-tune investment strategies designed to achieve integrated financial, social, and environmental goals, and share what they learn for the benefit of investors across Asia and worldwide.
We believe Impact Frontiers Asia will elevate the field of impact investing — increasing the transparency of the capital markets in creating impact; enabling investors to allocate capital more accurately and efficiently toward impact; and drawing new investors off the sidelines. We expect the program will help to shift capital into proven impact investments that contribute to a fair, just and ecologically sustainable world.
Impact Frontiers is an ecosystem-wide initiative of the Impact Management Project (IMP). Investors in the Asia cohort will become part of a global network of investor cohorts in the US, UK, Canada, and Latin America.
Use your own data to create your own approach, customized to your organization’s unique context, strategy, and goals.
Get support in building buy-in and leading change within your organization.
Lean on thought partnership from Impact Frontiers, AVPN, the IMP, and other initiative partners.
Explore challenges specific to individual asset classes.
Cross-fertilize ideas across asset classes, investor types, and geographies.
Work together to find ways to improve the flow of impact information between companies, asset managers, and asset owners.
Safe forum in which leading investors can experiment with new approaches, learn from peers, and advance shared goals.
Workshops and meetings held under Chatham House Rule.
All cohort members sign non-disclosure agreements to hold all materials confidential.
AVPN and Impact Frontiers held an info session on 30 March 2021 with a group of investors where the program was discussed and questions were fielded.
Asset managers of all asset classes and for asset owners such as family offices, foundations and endowments. Participating Investors should be prepared to share and discuss portfolio data in the small group meetings, which will be run on Chatham House rules. Please contact your AVPN market rep for more information on how to participate.
Participating investors will address four foundational questions that any impact investor faces:
|Impact Risk and Return||Financial Risk and Return|
|Investment Level||Which investments offer more expected impact?||Which investments offer more risk-adjusted financial return?|
|Portfolio Level||How would you measure, set goals for, and communicate the impact of a portfolio of investments?||How would you measure, set goals for, and communicate the risk-adjusted financial return of a portfolio of investments?|
Create a path forward for your organization’s impact management, grounded in a set of generalizable steps based on the experience of 13 funds in the Impact Frontiers Collaboration (2018-2020), which implemented the approach in diverse portfolios totaling $15B USD.
Attend a series of content workshops designed to support investors’ progress, covering topics such as creating an expected impact rating; plotting your portfolio against impact X risk-adjusted financial return; and determining implications for investment decisions.
Join optional workshops on topics such as gender inclusion, racial equity, and climate.
Join and engage in content across a variety of forums, including large-group content workshops, small-group peer feedback sessions, and topical workshops.
In parallel, develop and implement your organization’s plans for improving impact measurement and management.
As they develop their organizations’ approaches to impact management and impact-financial integration, participating investors will receive support through a variety of forums:
Participating investors will follow a tested, flexible sequence of steps. This process is based on the experience of the first Impact Frontiers cohort from 2018-2020, which published a handbook on impact-financial integration.
|By 15 May 2021||Confirm all participating investors in program|
|27 May 2021||Program kick-off|
|June 2021||Impact and ESG fundamentals|
|July 2021||Creating an expected impact rating (or other measure of transactions’ expected impact).
Selecting a measure of risk-adjusted financial return.
|Sep 2021||Monitoring impact during the lifetime of the investment|
|Oct 2021||Validating impact through ex-post impact measurement|
|Nov 2021||Plotting your portfolio: impact against risk-adjusted financial return|
|Jan 2022||Determining implications for investment decision rules
|Feb 2022||Constructing an integrated portfolio dashboard|
|Apr 2022||Setting portfolio goals and reporting performance|
|Jun 2022||Communicating your impact management approach internally and externally|
|Jul-Sep 2022||Capstone presentations and discussions|
“We found a lot of value in the cohort model. The sequence of workshops consistently challenged me to think ahead to the next step as we built our new impact management approach. And I gained an amazing set of peers to go to on anything from technical questions on impact ratings to how to build consensus with our internal team and Board”
Caitlin Rosser, Calvert Impact Capital
“The importance of the visual rhetoric of the tools cannot be overestimated. The charts convey that the impact analytics are now at the same level of rigor as the financial analytics…When you integrate the impact with risk and return you will end up with the same clarity and power as people have come to expect on the financial side.”
Tony Berkley, Prudential Financial
“Working with Impact Frontiers was an enriching, engaging experience that informed and enhanced BlueHub’s IMM practice. In collaboration with Mike and the Impact Frontiers peers, I refined our social impact rating, developed and iterated a process for incorporating that rating into our financing decisions, and began the process of developing a related tool focused specifically on assessing investment potential to advance racial equity. My organization and I are still benefiting from learnings gleaned through the cohort and my Impact Frontiers peers remain my “go-to” group for advice and insights in this practice.”
Catherine Dun Rappaport, BlueHub Capital
“These days, there are innumerable self-proclaimed impact investing and ESG experts and channels to learn from them. That said, I found the experience of working with fellow IMM practitioners in the structure and programming led by Mike McCreless, and the IMP team, to be an incomparable and irreplaceable experience. It was a collaborative space to try new approaches, solve technical challenges, and on occasion, celebrate successes with peer practitioners. My fellow cohort members have become critical partners, co-investors, and friends and it is a pleasure to see how they each continue to push our field further.”
Shu Dar Yao, RSF Social Finance
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