Making an impact
We are committed to generating positive, measurable and lasting change for both people and the planet. Through our investments, we seek to drive meaningful impact not only during our active investment period but also well beyond, ensuring long-term sustainability and shared value creation.
Measuring, reporting and rewarding impact
Delivering meaningful and material change is often a long-term endeavour that may extend beyond the investment horizon of the Fund. The role of the Fund is to ensure our portfolio companies implement the key foundations to remain on track to achieve their future effectiveness.
Due to the their different objectives and solutions, it is also difficult to adopt a common measurement and reporting framework. We establish a tailored KPI and reporting matrix for each portfolio company which allows us to measure their progress and then communicate this via our annual impact report back to our investors.
To maximise our ability to enable change and to ensure our founders are also motivated to over-achieve, the Fund targets to incentivise founders for exceeding their impact goals.
Evaluating impact in our investments
The Fund adopts the Five Dimensions of Impact model to evaluate, optimise and communicate the impact being delivered. As part of our due diligence, we use systems thinking to assess how the company may generate intended and unintended risks and opportunities across the broader social and environmental systems within which they operate.
What
The outcomes the activity is aiming to achieve and whether they are positive or negative.
Who
The stakeholders (people or environment) experiencing the impact and how underserved they are.
How Much
The scale, depth, and duration of the impact created.
Contribution
The extent to which the activity drives outcomes beyond what would have happened anyway.
Risk
The likelihood that the impact will differ from what is expected.
INDUSTRY APPROACH
Adopting industry best practice within our impact investment approach
We employ the Global Impact Investing Network (GIIN) principles within the management of the Fund to ensure it aligns with best practice of impact investment.
Intentionality
Intentionally contribute to positive social and environmental impact.
Investment Design
Using evidence and impact data in an investment.
Management
Ensure impact performance is managed.
Industry Growth
Contribute to the growth of impact investing.
