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Turning Impact Intention into Impact Evidence: How to Put the GIIN’s IRIS+ Metrics into Action
Accounting for impact is notoriously difficult. And though impact investors have long turned to the GIIN's IRIS metrics as a standardized measurement tool, as SoPact co-founder Hetal Sheth points out, the IRIS metrics don't make impact strategy actionable. Now that the GIIN has reintroduced its standards with IRIS+, Sheth explores how the new metrics improve on the previous version – and how SoPact’s Impact Cloud platform can help investors use them to build a robust impact management strategy.
- Categories
- Impact Assessment, Investing
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Turning Impact Measurement on its Head: A Q&A with 60 Decibels Co-Founders Sasha Dichter and Tom Adams
How should a social business measure its impact? The sector has always struggled to answer that question, leaving many enterprises and investors without useful data about the impact of their work. Acumen is addressing this issue by spinning out a standalone social enterprise called 60 Decibels, which leverages mobile technology to quickly and easily acquire impact data from low-income customers and beneficiaries. Co-founders Sasha Dichter and Tom Adams discuss its innovative model, and the potential it offers to investors, enterprises and the people they serve.
- Categories
- Entrepreneurship, Impact Assessment, Investing
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New Thinking to Advance Gender Equality: ‘Radical Collaboration’ in Action
"We don’t want to wait centuries or even decades to achieve equality for all women everywhere. We want it now." Alexa Blain, co-founder and Managing Partner at Deetken Impact, recently attended the Women Deliver conference where, along with a decent dose of inspiration, she and her colleagues discovered that a bold, collaborative approach could hold the key to unlocking empowerment efforts.
- Categories
- Impact Assessment, Investing
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Countries Are Ranked On Everything From Health To Happiness. What’s The Point?
"Countries can get index fatigue, not know where to prioritize, become complacent and refuse to pay attention to them," notes Jacqueline Muna Musiitwa, an international lawyer based in East Africa.
- Categories
- Impact Assessment
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Press Release: Acumen Launches 60 Decibels to Make Lean Data an Impact Measurement Standard for Impact Investing
The new entity, supported by lead investor Ceniarth, makes customer-centric impact measurement accessible to all, helping social sector organizations listen to those who matter most
- Categories
- Impact Assessment
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It’s Not a Diet, It’s a Lifestyle: Is Developmental Evaluation the Right Measurement Strategy For Your Organization?
Social enterprises working in emerging economies know it’s important to measure their social impact, but they often struggle to find the right approach. Like dieters looking for quick weight loss, they try one strategy or another – then grow frustrated when they fail. But according to Rebecca Baylor at WDI, there’s a solution that's geared toward the unique challenges these businesses face. Called “developmental evaluation,” it resembles not a fad diet, but a new impact measurement lifestyle. She explores this innovative approach, and how organizations can use it successfully.
- Categories
- Entrepreneurship, Impact Assessment
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Are We Actually Making Progress on the SDGs?
The Sustainable Development Goals (SDGs) outline 17 areas where we need to make a collective effort and provide a useful sustainability framework for business and other actors. We have a decade until the 2030 deadline and businesses are increasingly committing to the goals in a public way.
- Categories
- Entrepreneurship, Impact Assessment
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Inside the Quest to Measure the Impact of Impact Investing
This is the kind of valuation challenge impact investors have been grappling with for years. Purely financial investments come with an accepted methodology for measuring return on investment. But with investments in projects or organizations working to deliver social or environmental impact, there’s no shared accounting framework for measuring the value of what’s been achieved.
- Categories
- Impact Assessment, Investing
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