The Global Impact Database by Impact Institute wins Environmental Finance Impact Awards 2022
Impact Institute’s Global Impact Database (GID) has won Environmental Finance Impact Awards 2022 in the category Award for impact measurement and metrics!
Environmental Finance’s Impact Awards seek to recognise and reward the work within the impact investing market and highlight emerging pockets of best practice, across all asset classes and geographies. An advisory panel consisting of industry experts, along with the Environmental Finance editorial team, has reviewed and scored each submitted entry.
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.
About the Global Impact Database
The GID is a quantitative database, built on 10 years of experience in the field of impact measurement. It integrates insights from a variety of data sources to provide verified and robust data, estimating impacts for organizations, countries, and sectors worldwide. Impact data supports business and financial institutions towards understanding, reporting, and managing the societal impacts of their value chains, own operations, and portfolios, allowing them to mitigate risks, identify opportunities beyond financials, and get actionable insights that enable smarter decision-making.
The main benefits of GID are:
- Get global geographic and sector coverage
- Look at upstream and downstream value chain segments
- Value impact in monetary units
- Avoid double counting
About Environmental Finance
Environmental Finance is an online news service with a quarterly print edition. It was first established in 1999 to report on environmental markets, investments and risk. It provides timely and incisive news and analysis on a broad range of environmental issues, including climate change, renewable energy finance, emissions markets, weather risk management, policy and legislation, environmental insurance and sustainable investments.
Additional information can be found here.
More information
- For further information about the Global Impact Database, please visit our GID page.
- How GID is applied in practice. Read ABN Amro Impact Report and Biodiversity Impact Report.
- We offer impact data solutions covering Biodiversity, SFDR’s Principal Adverse Impacts (PAIs), Scope 3 emissions, and portfolio impact reporting. Get in touch to find out more.
