We work with clients at every stage of the impact journey to help identify and integrate real-world impact considerations into decision-making, measurement and reporting.
The Good Economy is a leading impact advisory firm bringing in-depth knowledge and experience working with organisations across the impact investing value chain - from institutional investors to investment managers to enterprises. Our services help clients understand, enhance and communicate their ESG and impact performance with integrity and confidence. We offer the following services customised to meet clients' needs. If you would like to learn more about our Impact Services, please email email@example.com.
Impact Measurement & Management Systems
We work with clients to develop practical ESG and Impact Measurement and Management (IMM) systems that align with their business strategy and industry frameworks, such as the Sustainable Development Goals (SDGs), the Impact Management Project, GIIN's IRIS+ system and the IFC Operating Principles for Impact Management. We establish an understanding of client's needs, facilitating an internal reflection on how they can contribute to positive impact creation and measure and report on ESG and impact performance.
Impact Due Diligence
We conduct independent due diligence to assess the social impact opportunities and risks of specific transactions. Our due diligence reports provide clients with an evidence-based opinion as to the extent to which their impact objectives are likely to be achieved, whilst also highlighting any negative impacts and ways to enhance positive impact creation.
Impact Assessment and Reporting
We provide a considered and independent opinion about the positive and negative impacts of our clients' activities. We take a mixed methods approach, combining both qualitative and quantitative data. Our impact reporting ranges from in-depth reporting for clients focused on a single challenge (e.g. tackling homelessness) to analysing and reporting on the impact of multi-sector global portfolios. Our focus is on understanding real world outcomes and taking into account stakeholder perspectives on impact creation. Our impact reports help clients demonstrate their transparency and accountability to all stakeholders.
We help clients understand their stakeholders' lived experiences. Our lean and fast approach to outcomes measurement is designed to reduce the time and cost of engaging end-users – allowing people to articulate change in their own words, but in a way that allows analysis based on quantitative trends and benchmarking. We have developed a radically lean survey tool called Insightable, enabling investors and mission-led organisations to capture stakeholder voices without the need for costly and time consuming surveys. This tool is available to our clients, if relevant.
Impact Assurance and Verification
We work with clients to review and develop their approach to ESG integration and to impact measurement and management, against industry good practice and standards. Our leading impact assurance methodology enables verification of alignment to the IFC Operating Principles for Impact Management and UNDP SDG Impact Standards.
The Good Economy has helped us ensure we can demonstrate each of our investments is achieving tangible and measurable social impact.
The Threadneedle Social Bond Fund couldn’t have happened without The Good Economy’s commitment to social change and intellectual rigour in creating the social assessment methodology.