Momentum behind the uptake of the SDG Impact Standards is increasing. The Global Impact Investing Network (GIIN)’s 2023 GIINSIGHT, Impact Measurement and Management Practice report found that nearly a fifth (19%) of the investors surveyed are using the SDG Impact Standards as the framework and principles guiding impact strategy. The report also found that 64% of investors tracked their investments using the SDGs in 2017 compared to 75% in 2022.
The SDG Impact Standards, have been designed as an overarching decision-making framework that helps businesses and investors manage both their positive and negative impacts on people and planet, while taking care of the bottom line. It provides practical and actionable steps to translate good intentions into action and is aligned with existing high-level principles and taxonomies.
Four sets of SDG Impact Standards have been developed to reach the breadth of the economic system: enterprise, private equity, bond issuers and one for DFIs that UNDP SDG Impact co-created with OECD – OCDE. A fifth set is currently being developed with the International Organisation for Standardisation – ISO, which will be based on the SDG Impact Standards and relevant ISO standards.
Learn more about the SDG Impact Standards and supporting resources to get you started on your own journey to sustainability here.
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