Date: 2024-07-17 Page is: DBtxt003.php txt00021058
Management Metrics
The Impact Management Project (IMP)
Impact Classification System to be managed by the GIIN ... IMP+ACT Alliance chooses the GIIN as new host for the ICS
Original article: https://www.impactalliance.co.uk/
Burgess COMMENTARY
Peter Burgess
The IMP+ACT Alliance has chosen the Global Impact Investing Network (GIIN) to manage the Impact Classification System (ICS) to further consolidate resources available to impact investing practitioners into a coherent and streamlined offering.
The ICS is a self-assessment and reporting tool for investment practitioners wanting to disclose how and to what degree their financial products meet sustainability goals. Launched in June 2020, the ICS aggregates information about sustainability-related disclosures of investments and brings them into a consistent digital reporting format.
The ICS was developed through the IMP+ACT Alliance, a two-year technology project facilitated through Bridges Insights. Following the successful roll-out to over 300 practitioners, the platform will now expand its reach through connection with the GIIN’s IRIS+ system. This consolidation will accelerate uptake among investors and drive further harmonisation of impact measurement and management systems.
“Integrating the ICS into the GIIN’s suite of offerings will simplify life for investment practitioners seeking access to tools and resources, helping them to understand and describe the impact of their investments.”
Claudia Coppenolle, CEO and Co-Founder of the Impact Classification System
“We are always looking to partner with leading market builders like the IMP+ACT Alliance, and welcome further opportunities to harmonize the industry so impact investors can do their vital work even more effectively.”TERMS AND CONDITIONS PRIVACY POLICY
Amit Bouri, Co-Founder and CEO at the GIIN