Introducing the Positive Impact measurement tool. The UNEP FI wants businesses to help shape how this tool is developed further. Hear from Careen Abb in this exclusive presentation to find out more about how the tool works. Your feedback will help shape the future of this work.
Note, the UNEP Finance Initiative’s Positive Impact tool is a prototype, but momentum for the project is building fast as more recognise that a uniting framework for measurement in this space is needed. Developed to assist financial organisations in their deployment of finance to corporates with unspecified use of proceeds, the purpose is to enable meaningful engagement of banks and investors to better understand companies’ positive and negative societal impacts – harnessing the SDGs as an overarching framework.
This work builds on existing UNEP FI work on the Positive Impact Model Framework, Impact Radar and the Principles for Positive Impact Finance.
Learn more about the Positive Impact measurement tool in the video.
We are always practitioner led. We encourage you to take a look and help shape the future of impact measurement by financial organisations. Please do contact us at te**@bu*******************.org if you would like to receive and review the Positive Impact tool prototype.
Editor’s Note:
As part of our award winning podcast series, we interviewed Careen Abb. During this podcast, Careen explains why addressing the Sustainable Development Goals (SDGs) and their large financing gap, requires an impact analysis implementation framework to be applied up front. Careen highlights how a holistic approach to impact analysis, i.e. understanding both positive and negative effects, across the three pillars of sustainable development (social, environmental and economic), could not only help us to collectively develop new solutions to achieve the SDGs, but also reduce the costs involved in their delivery.
Listen to the Spotlight interview podcast here.
