As commented by the judges, “the GID ticks a lot of the top boxes for next steps in impact measurement – including scope 3 emissions and supply chain, negative impact, and biodiversity. These aspects are not yet commonly reported and very challenging to measure”.
“We are truly proud to see our Global Impact Database receiving this accolade. In the past 10 years, we have worked towards the dream of an impact economy where organisations have easy access to impact data to measure, value, and manage impact in their daily work. This recognition is a step towards making our impact data a vital tool to effectively bring sustainable finance into practice and make impact an integral part of everyday business.” – Adrian de Groot Ruiz, Director and Co-founder of Impact Institute.
We get closer and closer to irreversible environmental and human tipping points. To respond to such increasing pressure, sustainability data strongly needs innovation. The model underlying the Global Impact Database addresses some of the main challenges associated with impact measurement. By providing up-to-date and verified data, as well as an exceptionally wide impact and value chain coverage, it supports organisations in performing hotspot analyses, carrying out value chain in-depth assessment, and, ultimately, identifying priority areas for their impact strategy.