Scaling up impact measurement in the financial sector

Register to the follow-up webinar: The IWAF in practice: How to apply impact measurement to create value for your organisation

We are organising a follow-up webinar for practitioners on September 1st (2pm CEST) .

Are you a sustainability or accounting professional? Then this webinar is a must attend. The IWAF helps organizations to measure, report and steer based on the impact of the organisation on society. Impact statements, such as an Integrated Profit and Loss statement, give organizations insight in how they create or destroy long-term value to all stakeholders, beyond the financial impact.

You can find additional information and the registration link by following the link below

We have published the Impact Measurement guidance document

We need to measure what matters

Our global economy remains stalled at a critical juncture. Well-known social and environmental threats have been ignored in favor of a short-sighted economic system. The negative side effects are piling up – runaway climate change, natural resource depletion, increasing inequality, diminishing social safety nets and a widening gap between rich and poor.

The remedy is a more inclusive market economy, one that serves people and the planet, not just shareholders. To help get there the Banking for Impact Working group aims to create a common impact measurement and valuation approach tailored to banks. We are working on a robust, scalable and cost-effective method for the quantification, valuation, attribution and aggregation of impacts for the sector. With support from the financial industry, the goal is to scale up and standardize these efforts over time.

A four-pronged approach tailored to the financial sector

Impact must be included as a driver of economic profit and factors like job creation, climate change, quality of life, and human rights must be considered. To capture the full scope of impact along the value chain, Banking for Impact proposes a tailored fourpronged approach to create meaningful impact
measurement and valuation (IMV).

The consultation draft of the guidance document for impact measurement and its supplement with a classification of activities, related impacts and relevant data sources are now available. We are soliciting input from practitioners on the methodology and its applicability for financial institutions. If you have any feedback or ideas on how this guide can be made stronger, please reach to Sven Renon.

The Banking for Impact Working Group

Tjeerd Krumpelman

Global head of Advisory, Reporting & Engagement

Christine Gugolz Kiefer

Lead Strategy, Chief Sustainability Officer

Rob Zochowski

Program Director, Multi-Faculty Impact Investing and Sustainability Special Projects

Severiano Solana

Director of Sustainability Strategy and Monitoring

Adrian de Groot Ruiz

Executive Director, Impact Institute

Thorbjørn Lundholm Dahl

Acting Head of Group Sustainability

To be announced

Chief Sustainability Officer

Media and resources

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Case Studies

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Portfolio

ABN AMRO | Impact Due Diligence for SIF

Independent Review of an Organisation's Impact Alignment to Make Better Investment Decisons
Portfolio

Impact of a Philanthropic Foundation

Understanding the Attributed Impact Generated Through Philanthropic Donations
Portfolio

ABN AMRO | Impact on Biodiversity

A model based approach to ABN AMRO's negative impact on biodiversity
Portfolio

DBS | Impact of Lending Activities

Impact assessment of lending to the automotive and palm oil industries for DBS
Portfolio

BOM | Impact Investing

Impact assessment of Spinderwind as part of BOM’s innovation ecosystem

Enough Talk, Let's Build Something Together