New capital boost to help accelerate the sustainable transition
Impact Instituteis proud to announce to have received an investment from the Triodos Regenerative Money Centre (TRMC) and ABN AMRO Sustainable Impact Fund (AA SIF). An investment that will help us give the impact economy a boost by enabling more organizations to measure and manage impact. With the investment Triodos Ventures BV (part of TRMC) becomes a shareholder; AA SIF already was.
“With this investment we can further develop our software, data and education solutions. This makes it possible for a larger group of companies to measure impact, to report in connection with their financial P&L and to steer accordingly. In this way, companies can become part of the solution.”
– Adrian de Groot Ruiz, co-founder and director at Impact institute
The same mission
Triodos Regenerative Money Centre (TRMC) puts natural and social returns first. By liberating money from the generation of direct financial returns, groundbreaking plans are given the opportunity to grow. Jose van Pul, senior investment manager at TRMC: “The mission of the Impact Institute and TRMC match seamlessly. TRMC strives for a regenerative economy. To make this possible, it is important that companies focus on positive impact on people and planet. With their ambition to further develop data, software and education, we expect Impact Institute to have found a strong and scalable business model that can accelerate this transition.”
The ABN AMRO Sustainable Impact Fund (AA SIF) invests in impact companies that advance the transition of the economy in energy, circular and social terms. Hanna Zwietering, senior investment manager at AA SIF: “Impact Institute is without doubt one of the leaders in the transition towards a sustainable and more social economy. Impact Institute helps a company not only to measure its positive and negative impact, but also to determine the social value it creates on balance. This is reported in conjunction with the financial profit and loss. The aim is to get to know the synergy between impact and financial goals and to adjust the business operations accordingly.”
Maximum positive impact
The Impact Institute already employs more than 65 people and is expected to reach 100 this year. Its mission is to accelerate an impact economy, in which companies and professionals contribute to broad prosperity and to solving social problems instead of causing them. Think of reducing poverty and inequality, increasing social cohesion, enriching biodiversity and combating climate change. Measuring and reporting through Impact Weighted Accounting can show that impact is not a ‘nice to have’, but an important component of an integrated sustainable and financially sound business. Impact Institute is working internationally with, among others, Harvard Business University and a coalition of international banks.
Making social responsibility transparent
With this investment, Impact Institute wants to enable more companies to show how they take social responsibility. This includes looking at natural, social, human and financial capital. The Impact Institute also wants to train more professionals in the field of measuring, interpreting and managing social impact. Just as there are hundreds of thousands of trained professionals for financial language, Impact Institute wants to have trained one million people in the language of impact by the end of 2030.
New technology company
Part of the investment will be put into launching an impact-tech company. Its mission will be to provide companies and investors with the software and data they need to become a company with a positive impact on society and as little negative impact as possible. This software and data will enable companies to measure and manage their impact.
Adrian de Groot Ruiz: “We see that more and more companies want to know what their impact on widespread prosperity is, but that the step to actually measuring and managing that impact is still a big one. This is because they lack usable data and cannot integrate it with their existing systems and processes. Technology based on our proven method via applications and impact data greatly reduces this step.”
About the organisations
Triodos Regenerative Money Centre: Trmc was founded in 2019 and complements Triodos Bank and Triodos Investment Management by going beyond the limits of our current banking and investment system. TRMC puts natural and social returns first, and thus reconsiders the built-in expectations about risk and return. By seeing money first and foremost as a means to achieve positive impact, we give groundbreaking plans the opportunity to grow. The financial instruments used are catalytic investments and donations. More information can be found on the website: Triodos Regenerative Money Centre .
ABN AMRO Sustainable Impact Fund: The Sustainable Impact Fund (SIF) invests in social and sustainable companies that strive for real social change. The fund was established in March 2013 and focuses on organisations with a social/sustainable and financial profit motive. The three themes in which investments are made are: circular economy, energy transition and social impact. The fund, a wholly owned subsidiary of ABN AMRO with an independent investment policy, focuses on a combination of social and financial returns. More information can be found at: Sustainable Impact Fund – ABN AMRO