The Impact Management Platform launches new consensus view of the actions and fundamental characteristics of impact management
Reproduced from UNEP Finance Initiative web site here Recent years have seen accelerated uptake of sustainability-related standards and practices. Enterprises, investors and financial institutions are increasingly paying attention to their sustainability-related risks, and are managing some of their impacts in the process. Despite this, the management of private sector impacts on people and the natural environment continues to be done in a fragmented, narrow and short-sighted way, if at all. Recognising the need for change, the Partners of the Impact Management Platform have advanced their agenda to clarify and build consensus on the practice of impact management. Eighteen months after agreeing to work together via the Platform, the Partners have released a set of new outputs, including: A thought piece clarifying the imperative for impact management and the relationship between impacts, system-wide risk and materiality, arguing that impact management is not only a ...