Articles by Benedict Buckley
As a first-timer at the Aspen Network of Development Entrepreneurs (ANDE) Metrics Conference in Washington D.C. last month, I was surprised to see a packed room on the first morning of the conference. After all, this was a conference about a very niche topic – the techniques used to measure social and environmental impact within the embryonic industry of impact investing. Impact investing is a broad term that describes profit-seeking investments that also generate positive social and/or environmental impact.
The term impact investing is a convenient catch-all for harnessing profit-seeking investments to generate positive impact. But of course, there is no single tool to measure that impact – regardless of whether it’s societal or environmental. While both social and environmental outcomes must be understood to assess the full impact of a business, there are fundamental differences between the two.