Investment is on the verge of a big leap forward. While the financial performance of funds is readily accessible, their social and environmental impacts remain largely opaque, not only to the public but to the investment industry itself. It is time to change that.
The ILG is confident that the investment industry can and will improve its measurement and communication of non-financial impacts to clients and beneficiaries if offered a conceptually rigorous and empirically sound framework. Two years ago, the group set out to design such a framework, engaging with sustainability reporting organisations, information providers and academics in order to refine its development and application.