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IMPACT EXPLAINED
What is IMPACT?
Impact is best thought of as a long-term, positive or negative change, on a community or societal level that happens as a result of an organization's activities.
What is an Impact-Focused Organisation or Business?
Companies who have a product and/or activities that have the intention and evidence of solving or mitigating social or environmental problems.
Why Measure Impact?
Measuring impact goes beyond reporting and communicating with funders and stakeholders - it's a set of tools that helps you achieve and scale your goals. While we acknowledge the significance of reporting and have assisted numerous clients in that regard, at NURI, we advocate for viewing impact measurement as a powerful lens and tool. An effective impact measurement strategy aligns with your organization's mission and business model, enhancing it rather than diverting attention and resources. By measuring impact, you can ensure that your efforts are directed where they can make the greatest difference.
FAQs
The SDGs:
A Global Blueprint for Impact
NURI empowers organizations to align their vision, measure impact, and establish robust processes in line with the Sustainable Development Goals (SDGs).
At NURI, we recognize the significance of the Sustainable Development Goals (SDGs) as the foremost framework for addressing society's most pressing challenges by 2030. These goals encompass global and local challenges faced by countries worldwide, with no country having fully achieved them. With the SDGs comprising specific sub-targets, NURI empowers companies, governments, and organizations to enhance their understanding and internal alignment regarding their impact. We assist in establishing a clear vision, developing effective measurement methodologies, and implementing robust processes to support sustainable impact management. Our expertise helps organizations build capacity and navigate the complex landscape of impact assessment and strategic alignment with the SDGs.
Over the past decade, there has been an increasing fascination with the possibilities of merging financial returns with positive social and environmental impact, giving rise to the concept of impact investing.
Understanding the Spectrum of Capital serves as a crucial foundation for individuals and organizations exploring this dynamic intersection. It provides a comprehensive and coherent overview of the diverse range of financial investments available, spanning from philanthropy, which focuses solely on social impact without financial returns, to traditional investments that prioritize financial gains. Importantly, the Spectrum of Capital highlights the nuanced space in between, where investments can generate both measurable impact and reasonable financial returns. By embracing the Spectrum of Capital, stakeholders can navigate this multifaceted landscape and make informed decisions about their investment strategies, maximizing their potential to drive positive change.
Impact Investing and the Spectrum of Capital
