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There are numerous frameworks, initiatives, standards, and tools that enable individuals, organizations, and investors to structure their impact measurement and management (IMM) strategies.
The diversity of actors and entities in the ecosystem has led to a variety of principles, standards, frameworks, sets of indicators, and tools to measure and manage social and environmental impact. Given the proliferation of IMM initiatives we have witnessed in recent years, attempts have been made here to map and classify different organizations in the ecosystem.
The scheme below includes the latest mapping exercise and Impact IMM initiatives for investors, innovators, and practitioners, available to date. The objective is twofold: on one hand, it should help practitioners navigate the universe of initiatives. And on the other hand, it should enhance their adoption and practices.