Advancing industry norms for impact reporting
The Impact Performance Reporting Norms aim to raise the consistency and quality of impact reporting between asset managers and their capital providers. Developed through an 18-month consultation with 350+ organizations, they are designed to be fully interoperable with the set of standards, frameworks, and guidance that investors already use.
Impact Frontiers facilitated the development the Reporting Norms and continues to steward them together with a Council of government and philanthropic entities, and in consultation with a group of non-profit industry networks and associations. In the long term, the Reporting Norms can serve as a market-tested prototype for investor impact reporting that can be adopted in whole or in part by national regulators and/or by international standard-setters.
Timeline
BlueMark publishes Raising the Bar report documenting widespread dissatisfaction amongst investors about the state of impact reporting
Impact Frontiers, with the support of Rockefeller Foundation, launches research and public consultation process to establish shared expectations for the reporting of impact results by investors
Expected publication of Version 2 of the Reporting Norms
Launch of workstreams to extend the Reporting Norms to listed equities, development finance institutions and multilateral development banks, and foundations, and to deepen guidance on challenging areas of impact reporting
Launch of the
Founding Adopters initiative
Impact Performance Reporting Norms Version 1 published; pilot program launched
Stewardship Council
From 2024, the Reporting Norms are made possible through the generous support of our Stewardship Council of asset owners, allocators, and foundations.
Rockefeller Foundation provided catalytic support for the first phase of work leading to publication of Version 1 of the Reporting Norms.
