Evolution of Social Impact Management

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Ken Ito Executive Director, Social Value Japan Evolution of Social Impact Management - Introduction of SDGs Impact Standard ASEAN-Japan Centre ASEAN Update Seminar SDGs Series Vol.4 2021 10.18

Transcript of Evolution of Social Impact Management

Ken Ito

Executive Director,

Social Value Japan

Evolution of Social Impact Management

- Introduction of SDGs Impact Standard

ASEAN-Japan Centre

ASEAN Update Seminar SDGs Series Vol.4

2021 10.18

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• Ken Ito is a founder and Executive Director of Social Value Japan, a Japanese member network of

Social Value International

• He has a bachelor degree in economics and MBA in International Management from The American

Graduate School of International Management (Thunderbird) in the United States. Ken spent ten

years in the private sector, with his last position at GE Capital. He subsequently joined the Institute

for Strategic Leadership (ISL) to launch the Center for Social Innovation, to promote social

innovation through its leadership training programs

• He is visiting senior researcher at SFC Research Institute at Keio University since 2007. Ken

teaches at Graduate School of Media and Governance as Lecturer and conduct research

programs as Project Assistant Professor from April 2016.

• Ken works for AVPN as East Asia Director

• Contact [email protected]

Ken Ito

Executive Director, Social Value Japan,

Project Assistant Professor, Graduate School of Media and Governance

Keio University

East Asia Director, Asian Venture Philanthropy Network(AVPN)

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Contents

1. Social Impact in Business Management

2. How to Assess Social Impact?

3. Methodological Development of

Social Impact Assessment and Management

4. The Emergence of SDGs Impact Standard

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1. Social Impact in Business Management

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The Expanding Social Impact Investment

1. Growth of Social investment globally and in Japan

• Social investment is rapidly expanding globally and has become a major

interest for institutional investors, with $30 trillion in so called ESG

investment as of 2018, and 230 trillion yen, or over 18.3% of outstanding

in Japan

• As social investment becomes more mainstream, ESG management is

becoming more widespread, with corporates incorporating ESG indicators

into their management

2.Implications of the expansion of the impact investment market

• Social impact investment is estimated to be $715 billion globally as of the

end of FY2020 (GIIN 2020), and 5.6 billion in Japan as of 2019 (GSG Domestic

Advisory Committee 2021), 6.7 billion in ASEAN (2017-2019, Accumulative)

• Increasingly, the targets of corporate accelerator programs and Corporate

Venture Capital investments are also pursuing social impact

• In the area of social impact assessment, which is necessary for social

impact investment, there is a global trend toward the establishment of

standards and the integration to the market standards

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Increasing "social value" in the corporate value

- rising ratio of intangible assets

• Intangible assets account for 90% of S&P 500

companies by 2020, compared to 32% in

1985

• It is said that a large proportion of this is due

to the recording of goodwill from corporate

acquisitions, etc., and although it is not

possible to make a simple comparison with

Japan, intangible assets already account for

the majority of the criteria used to evaluate

corporate value.

• Brand value and added value represented by

intangible assets go beyond the direct benefits

they provide to customers, and the market is

now evaluating their "social value" in terms of

the impact they have on society as a whole.

Source:" The Soaring Value of Intangible Assets in the S&P 500", Visualcapitalist.com,

November 12, 2020"

https://www.visualcapitalist.com/the-soaring-value-of-intangible-assets-in-the-sp-500/

Increase in the ratio of intangible assets in S&P 500 companies

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Discussion on Social Value Creation

The creation of social impact in corporate management is being discussed and practiced in

three areas: (1) visualization and measurement on value creation processes, (2) needs for

ESG reporting, and (3) creation of social value by venture companies based on social

missions.

(1) Need for visualization of "value creation" as a leading indicator to manage with financial indicators

• Awareness of the limitations of using financial indicators, such as sales and profits for

management

• Need for establish a measurement of "social impact" as a management indicator that

precedes financial indicators

(3) Needs among venture companies to pursue social impact

• Some of the socially oriented ventures pursue “Social IPO”, in formulating strategies and

building business models for venture companies whose mission is to solve social issues.

(2) Needs for reporting of social indicators to respond to ESG investors

• As ESG investment market grow, demand from investors to evaluate the social impact of

companies that are issuers of stocks and bonds, such as sustainability indicatorses

increased

• Need for social impact indicators that go beyond conventional ESG reporting

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Areas of Social Impact

What is social impact?

• Outcomes (short-, medium-, and long-term),

including social and environmental "changes" and

"benefits" resulting from the project or activity,

including short-term and long-term changes.

• This refers not only to economic value but also to

the total value that a business has brought to

society over the medium to long term.

personal

society

economic

value

social

value

well-being

QoL

Connection to society

Education and Skills

Development

social capital

Community Value

social system

Culture & Arts

economic growth

infrastructure construction

Improving family finances

Different Segments of social impact

Social Impact

Social

ValueEconomic

Value

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Trends of Social Impact over a decade

2006 2013 2016 2018 20192015

Domestic and International Trends Domestic and International Trends

• Launch of the G8 Task Force on

Social Impact Investing (led by

Prime Minister David Cameron of

the United Kingdom)

• Social Value Act passed in the

UK

• IMP (Impact Management Project)

was established.

• Japan Social Impact Evaluation

Initiative established

• Social Impact Evaluation Study WG

established by the Cabinet OfficePRI (Principles for

Responsible

Investment)

launched.

GPIF (Government Pension

Investment Fund) signed the PRI

ESG investment in Japan

increased to 18.3% (AUM)

SDG Impact launched

UNDP, the United Nations

development agency, in

partnership with IMP,

established the SDG

Impact Standard for social

impact management.

Changes in stakeholder interests Changes in stakeholder interests

The "social impact" debate is limited

to foundations, nonprofits, and some

social enterprises.

Increasingly, companies are addressing

"social value" as an important

management indicator, and the number

of CSR assessments is increasing

Discussion on the reporting of "social

impact" in companies' core business

and its use as a management indicator

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■ The Kumon Institute of Education's learning therapy program, which targets approximately 16,000

people at more than 300 facilities nationwide, was introduced in both Tenri City and Okawa City in

fiscal 2015 as a results-linked contract and as a measure to prevent dementia and realize nursing

care prevention.

• The Kumon Institute of Education, in collaboration with Tohoku University, has developed a

nursing care prevention program using "learning therapy" since 2001 to prevent dementia.

• A print learning program developed by Kumon, in which 30 minutes of group study once a week

and 30 minutes of self-learning per day, has been proven to maintain and improve cognitive

function

• Following its adoption for the Ministry of Economy, Trade and Industry's "Healthy Life Extension

Industry Creation Project" in 2015, the project was implemented in Tenri City in 2017-18 and in

Tenri City and Okawa City from 2019 as a three-year project through debt-financing.

Case Study : Utilization of Social Impact Assessment in

Pay for Performance Contract(A project of a nursing care prevention using "learning therapy" by the Kumon)

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• In a dementia-improvement program using "learning therapy" for people certified as needing nursing care, the impact of

30 minutes of learning activities per day on the elderly was found to be a difference of about "1" in the level of need for

nursing care compared to the target group, based on the difference in the time required to determine the need for

nursing care (Funaki 2017).

One year after program

implementation, the

The difference between the

learning therapy group and

the target group

difference of about "1" in

the level of care required

(Significant difference)

(Source: Katsura Funaki, Mitsuhiro Sado, Akira Ninomiya, Ken Ito, Senka Ochiai, Joichiro Shirahase, Osamu Mimura

(2017), "Research on the effects of learning therapy on dementia", The 32nd Japanese Society of Geriatric Psychiatry)

Case Study : Utilization of Social Impact Assessment in

Pay for Performance Contract(A project of a nursing care prevention using "learning therapy" by the Kumon)

Level of

Nursing

Care

Baseline 5 month later 1 year later

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Increasing public interest in Social ImpactInterest from business, government and non-profit organizations

Business

Government

Not-forProfit

• Demand of a "social indicators" and the

need for non-financial information

disclosure based on the SDGs

• Growing interest in ESG management,

which views social indicators as leading

indicators against economic indicators

• Social productivity needs of government

• Responding to the budget crunch

expected in the near future in a society

with a declining population

• Needs for visualization and quantitative

evaluation of the social impact of

business

• Needs for fundraising and business

improvement

• The rapid expansion of the social

investment market triggered by the

GPIF's signing of the PRI Principles

• Request for response as an operating

company as an issuer

• Policies for EBPM and utilization of

private sector partnership

• PFS/SIBs and other policy responses

• Request by funders (Foundations and

Corporate CSR)

• Implementation of Social Impact

Assessment by Dormant Deposit Fund

Stakeholders Interest Background

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2. How to Assess Social Impact?- Methodological Framework for Social Impact Assessment

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General Process of Social Impact Assessment

Step 1

Step2

Step 3

Step4

Step 5

Step6

Step7

Logic Model Development

Identification of Outcomes

Identification of Outcomes Indicators

Evaluation design

Data collection

Data analysis

Business Improvement and Reporting

Plan Plan

Do Execution

Assess Analysis

Report & Utilize Report & Utilize

Organize the logic (cause-and-effect relationship) of inputs, activities, outputs, and outcomes of the business to realize the business goals.

Out of the outcomes organized in the logic model, select the outcomes to be evaluated

Determine the indicators and measurement methods for the outcomes to be evaluated

Determine the design of how the assessment will be conducted

Collect data on the indicators decided

Analyze the data collected to determine if the expected results are being achievedAnalyze challenges and alienating factors

Conduct improvement of the project/business based on the results of the analysis, cpresults inside and outside the organizationConduct reporting to the stakeholder

Source: G8 Domestic Advisory Committee on Social Impact Investing, Working Group on Social Impact Evaluation (2016) "Social Impact Evaluation Toolset: A Practical Manual" Prepared by Social Value Japan, a non-profit organization

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Logic Model : Depict the Causal Relations

To be able to analyze the social impact of a project within the framework of a logic model, i.e., what resources are invested (inputs), what results are produced (outputs), and what social outcomes are ultimately achieved (outcomes).

Based on the purpose and operation of the social value assessment described above, it is necessary to make appropriate judgments about how and at what level to measure social value.

In many social activities, activities are planned at the level of activities and outputs, but there are no assumptions about outcomes

Resources

input

Production Output Outcome-Impact

Activities Target Initial Interim Final

Resources to invest

ActivitiesConducted

Subject of project/busine

ss

Initialoutcomes

FinalOutcomes

Staff(Staff)time

estimatetechnology

partner

PlanSurvey

Business implementati

on

ClientsParticipantBeneficiaryInhabitants

Social acceptance

RecognitionProductService

Behavior Change

SocietyEconomy

Livingenvironment

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(Case Study) Social Impact Assessment in Financial Literacy Education

Input Output Outcome< Initial> < Intermediate> < Final>

Budget.and teaching

materials

Provide program implementation

channels

Partici-ants

schoolsEffective Financial

Educationprogram identification

Introduction to School Education

Educational Impact

financial institutio

ns

society

programparticipation

Corporate imageimprovement

Improvement of quality of service

Expand customer base Improved Business Sustainability

Improved EconomySustainability

Decreaseof multiple debts

Improving personal financial assets

Financial Literacy.improvement

Acquisition and utilization of financial

knowledge

Quality Improvement of economic activities

Increased self-efficacy

recognitionof risk behavior

Risk avoidingbehaviors

Decrease in financial troubles

programimplementation

A logic model showing the social impact of financial and economic education as assumed from previous studies and program materials

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Steps in Building a Logic Model

For the linkage between inputs, outputs, and outcomes, we don‘t necessarily think in

the order from input to outcome – verification could be done in the reverse order -

from outcome to output and input

Identification of stakeholders relevant to the business

Identification of inputs to the business

Identification of outputs (business contents) from the project

Identification of project outcomes (initial, intermediate and final)

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How to Capture Outcomes

Considering the logic model from the business goals, the "intended" and "positive"

It is easy to focus only on outcomes, but in reality, "unintended" or "negative" outcomes

should also be broadly considered

Intended

Outcomes

Unintended

Outcomes

Positive

outcome

Negative

outcome

Recognized

business goalConsider positioning

in the program

Examine the business

design to minimize

risks

Examine the business

design to avoid

negative outcomes

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Different levels of Impact Assessment

Less

costly

But less

Rigorous

Rigorous

But

Costly

However, in the case of social interventions, it is often

costly or ethically difficult to set up a comparison group,

and it is also a challenge to prepare a sample size which

is statistically significant

Baseline to End-

line comparison

Comparison with

the average

(non-RCT)

Comparison with control

group

Randomized

Control Trial

(RCT)

A Meta-Study of

RCTs

The simplest method is to look at the change of the

indicator before and after the intervention, but this

method is less rigorous as we need to eliminate the

external factors other than the impact by intervention

To improve the level of rigor, case-control studies with a

control group or randomized controlled trials (RCTs) with

a control group can be considered

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Difference in Difference

In DinD approach, the baseline (current values) and the target (target values) is set before the program

starts. The benchmarks (reference values) will serve as the basis for evaluation will be identified, and

targets will be set at a level that is reasonable and consistent with the impact targets.

Social Impact Indicators

(Wages per day)

time

Social impact realized by

the beneficiaries as the

project progresses

Impacts assumed to

have been realized even

without project

At the start of business At the end of the project

baseline

target Impact of the project

(Pure social impact)

The impact of Income improvement through job training

9,600 yen

13,200 yen

10,800 yen

benchmark

National average income

level of beneficiaries in

the same condition

11,400 yen

At the start of the project, the benchmark was 9,600 yen per day for a group with the same conditions as the beneficiaries in terms of age, place of

residence, occupation, etc.

A meaningful level of target where the beneficiary's wage exceeds the benchmark at exit and also compares to the level that would have grown

without the investment

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Reporting of social impact evaluations

(Example) Employee well-being compared over time by

different employment promotion programs

1 year ago2 years ago3 years ago Present

Project

Participants

Full-time

RegularContractors Temps

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Reflecting social impact assessment in

program/business management

Findings from the evaluation analysis Reflections on program guidelines

Further Improving Program Impact

Examples of Impact Management in

Corporate CSR Programs

• Reflect findings from the evaluation in

guidelines for program management

improvement

• Program impact can be improved by

implementing the revised guidelines into the

program

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Impact Management for Creating Social Impact

Share lessons learned and lessons learned from the project with various stakeholders, and conduct ongoing social impact assessments to ensure that the project creates a sustainable social impact.

Program

Design

Program

Improvem

ent

Program

Implemen-

tation

Assess

and

Report

SocialImpact

Management

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3. Methodological Development of

Social Impact Assessment and Management

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technique origin featureMain

Usersimplementation status

SROI

Developed by REDF in

the US in the 1990s.

Popularized in Europe in

the 2000s.

Return on

investment

evaluation by

converting

outcomes into

monetary

values

Nonprofit

Organizations,

Foundations,

and Corporations

About 1,000 organizations in more than 20 countries are

using it, and the UK Cabinet Office provided

standardization support in 2009-11. Efforts are underway

to standardize proxies and implementation processes,

and to ensure the quality of analysis.

IRIS

Developed in 2008 by the

Rockefeller Foundation,

Acumen Fund, and B Lab.

Currently managed by

GIIN

Set of KPIs

which users

can use as

reference

International

development

agencies and

corporate

Developed primarily to standardize valuation metrics by

domain, IRIS+ will be released in 2019. Used by 2,400

investment institutions worldwide, primarily in

microfinance

GIIRs

(B Corp

Certificatio

n)

Developed and started

operation by B Lab in

2010

Social

recognition

system by

scoring

Social

investment funds,

social

enterprises

In its early years, it was supported by 20 foundations and

investment banks and 43 funds, and is used to evaluate

companies and funds. Self-assessment is possible, but

paid certification can also be requested.

SDGs

Enacted as the 2030

Agenda for Sustainable

Development, adopted at

the UN Summit in

September 2015.

17 categories

and 169

targets as

international

goals

Governments,

Business and

non-profit

For the 169 targets, a total of 244 (232 if duplicates are

excluded) global indicators were established by the UN

General Assembly in July 2017, following discussions at

the UN Statistical Commission and related meetings, and

are being assessed by Member States on an annual

basis

Different Approaches in Social Impact Assessment

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Different Layers on Evaluation Methods

❖ IFC Operating Principles

❖ Principles for Responsible Investment (PRI)

❖ Operating Principles for Impact Management

❖ B Impact Assessment (B Lab)

❖ logic model

❖ Theory of Change

❖ Impact Management Guidelines (SIM I)

❖ Maximizing Social Value (SVI)

❖ SDGs Impact

❖ IRIS / IRIS+ (GIIN)

❖ GRI Standards

❖ SASB Standard

❖ Impact Weighted Accounts (IWA, Harvard Univ.)

❖ SROI (SVI)

❖ Value Balancing Alliance (VBA)

❖ B Analytics/GIIRS (B Lab)

❖ GRI Standards

❖ CDFI Ratings and Performance Data (AERIS)

❖ IMP (5D, ABC)

❖ World Benchmark Alliance (WBA)

❖ Value Calculator (ASVB)

❖ SDG indicators & Dashbords

Goals

Norms

Principles

Frameworks

Guidelines

Indictor Sets

Monetary

Equivalent

Reporting

Standards

❖ SDGs

❖ Paris Agreement (1938)

❖ Positive Impact Financial Principles (UNEP FI)

Source: SVJ, based on SIMI data

Different approaches to evaluating social impact have been developed, and these

components of the methodologies are conversed to into initiatives such as IMP or SDG

Impact Standard

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Since the latter half of the 2010s, international organizations and private foundations have been

working together to build consensus on principles, approaches, and indicator sets to ensure

mutual compatibility of social impact assessment and management

• An international initiative

on impact management

involving organizations

involved in setting global

social impact standards,

such as UNDP, IFC,

OECD, PRI, SVI, etc.

• 5 Dimensions and other

impact assessment

norms since the 2018

launch, with over 2,000

investors participating

• The Rockefeller

Foundation, UNDP, and

Acumen Fund were

involved in the creation

of this impact investing

intermediary.

• IRIS, a database of

social impact indicators

released in 2008, was

renewed in 2018 and

released as IRIS+.

• IFC to present nine

principles for impact

investing at 2019 World

Bank meeting

• Defined nine items that

impact investing should

apply in five areas:

strategic intent,

origination and

structuring, portfolio

management, impact

on exit strategy, and

independent verification

• UNDP, the United

Nations development

agency, in partnership

with IMP, established

the SDG Impact

Standard for social

impact management.

• Announced social

impact criteria for three

different targets: private

equity investments,

fixed income, and

corporations

Development of Social Impact Management Methods

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Impact Management Project

Facilitation

Incubation

More than 2,000 organizations from a wide range of fields will bring their

knowledge and business experience to build consensus and norms in technical

areas and share best practices in implementation measures.

Knowledge sharing among practitioners

The IMP Structured Network

Role in developing standards for impact measurement/management

Improved consistency and completeness of standards

Impact FrontiersWork with key investors to optimize their portfolios and

Quantitatively integrate specific social and environmental goals

with financial goals

The role of developing and communicating the framework

Integrating Impact and Financial Management

The IMP Practitioner Community

Source: Prepared by SVJ based on the IMP website

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IMP’s Five Dimensions

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IMP’s 15 Impact Categories

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Development of IRIS+ by GIIN (1)

The Rockefeller Foundation, The United Nations Development Programme (UNDP), and

Acumen Fund are the founding partners of Global Impact Investing Network, an impact

investing intermediary. GIIN was established to build a global network of social investors and

to standardize social and environmental impact evaluation indicators.

IRIS, a database of impact indicators for evaluating social impact released in 2008, was

renewed and released as IRIS+ in 2019

The following organisations have joined as lead supporters of GIIN

1. U.S. Agency for International Development (USAID)

2. Australian Government, Department of Foreign Affairs and Trade (DFAT)

3. UK Aid

4. Ford Foundation

5. Omidyar Network

6. Prudential Financial

7. Rockefeller Foundation

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Development of IRIS+ by GIIN (2)

“IRIS+ is an integrated assessment

guidelines with indicator database

developed under the GIIN initiative that

assesses social, environmental and

financial performance.

The GIIN developed IRIS (now IRIS+)

based on the belief that the development of

transparent and reliable indicators to

measure social impact is essential to the

growth of the impact investing market.

"IRIS+ enables different stakeholders in social investment to communicate

about performance in the same language, and to make consistent

assessments and comparisons.

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IFC Principles for Social Investment

• The International Finance Corporation (IFC), a member of the World Bank Group, has announced

nine principles for impact investing, which have been signed by 135 institutional investors as of

August 2021 including three Japanese investors

• A report was issued on the impact investing market as of 2020, with $2.3 billion invested with the

intent of social impact, of which $636 million was with measurable impact

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Impact Weighted Accounting Research

• A collaborative project of the Harvard Business

School, the Global Steering Group (GSG), and the

Impact Management Project (IMP) that aims to

promote financial accounting that reflects the

financial, social, and environmental performance of

companies.

• Gathering ESG data using a combination of cutting-

edge science, big data and algorithms, assigning a

proven monetary value to that data, and

representing it as an accounting entry that shows

the company's impact on the world

• Although its widespread use remains to be seen, the

project is attracting worldwide interest as a way to

develop a methodology for reporting social impact

and financial impact in an integrated manner.

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4. The Emergence of SDGs Impact Standard

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What is the SDG Impact Standard?

• SDG Impact is a framework launched by UNDP in 2020 to promote the management of social

impact

• SDG Impact consists of three parts, SDG Impact Management, SDG Impact Intelligence and

SDG Impact Facilitation, which are intended to accelerate the contribution to the SDG Goal in

each country.

• Three guidelines are published at 2020 : Enterprise, Bond and Private Equity

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Source: SDG Impact Standards (2020)

1. Strategy

The business shall, in its purpose and strategy, promote

sustainable development and actively contributing to the

achievement of the SDGs

2. Management Approach

Businesses need integrate impact management to ensure sustainable

actively contribute to development and the achievement of the SDGs

3. Transparency

Operators shall disclose how their active contribution to sustainable development and the

achievement of the SDGs is integrated into the fund's objectives, strategy, operational

approach, governance and decision-making, and report on its performance, at least annually

4. Governance

Businesses' commitment to contribute positively to sustainable development and the

achievement of the SDGs is strengthened through their governance practices

The Structure of SDG Impact Standard

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The position of SDG Impact Standard

• The SDG Impact Standards are not

intended to be used on their own, but

in conjunction with the high level

principles of Impact Management,

Impact Management Tools and

external disclosure standards. The

SDG Impact Standards are not

intended to be used on their own.

• The purpose of this project is to

provide a Decision Making

Framework that has been put to work

to date.

• As evidence of this, it is claimed to be

interchangeable with frameworks

such as the Impact Management

Project (IMP), which claims to

provide Impact Norm

SDG Impact Standard

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The Four Components of SDG Impact Standard

Strategy

Management

Approach

Transparency

Governance

• Embed responsible practices and impact into purpose, strategy, business

models & risk management systems

• Engage with the sustainable development context and involve

stakeholders

• Set realistic and ambitious impact goals in baselines and thresholds

• Design and integrate internal impact management system include

feedback loops

• Allocate resources, align incentives and integrate accountability

• Make evidence-based decisions and take action to optimize impact

• Provide disclosures about how responsible business practices and

impact management are integrated into strategy, management approach,

decision and governance management approach, decision making and

governance

• Publicly report on impact annually including positive and negative impact

• Integrate responsible business practice and impact into governance

practice and oversight

• Hold management accountable for responsible business practice and

impact performance

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SDG Impact Standards for Enterprises

Source: SDG Impact Standards for Enterprises (2020)

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SDG Impact Standards for Enterprises

Source: SDG Impact Standards for Enterprises (2020)

Strategy is defined as its three aspects – Purpose and Strategy, Impact

Goals, and Reviewing cycles

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SDG Impact Standards for Enterprises

Source: SDG Impact Standards for Enterprises (2020)

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Implication of SDG Impact Standard

A Paradigm Shift from Impact Evaluation to Impact Management

➢ In the previous discussions, the focus of impact discussion has been on how to "measure" and disclose

the social impact of business.

➢ In impact management, the question is how to integrate social impact into management norms, and this

is comprehensively assessed by the certification system.

From Project Level Assessment to the Management Norms

➢ While previous impact evaluations focused on business units, SDG Impact and other certifications

cover companies and funds.

Integration of Management principles, Decision-Making Frameworks, Evaluation

Tools and Disclosure Standards

➢ It vertically and systematically integrates different elements, from high-level concepts to tools for

practice, that have been developed by different organizations.

Certification(Seal) on Social Impact based on Internationally Agreed SDG criteria

➢ The debate on legitimacy of what “Social Impact” means reach to a conclusion and Impact

Management based on the social nature of the SDGs, as agreed internationally, is expected to set a

standard to “optimize” social impact

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Conference : Social Value Matters 2021 (Oct 20th-21st, 2021)

Annual Conference organized by Social Value International

• The world's largest international conference for sharing knowledge in the area of social impact

• Social Value International in association with SV Thailand, online

• Speakers representing the social impact evaluation and management field globally will take the

stage.

• Registration fees start from 3,199 THB (various discounts available)

• For more information and registration

http://www.socialvaluematters.com/