The extent of debate (and often disagreement) about the definition of social impact investment is fascinating – exploring in great depth the nuances and prerequisite principles for investing in a way that seeks both positive social outcomes and financial returns. But this discourse risks being divisive and self-defeating. Does this complexity actually attract or repel new investors from engaging in this exciting market?
Tomorrow (5 Dec) in Brussels I will be presenting my views on the impact measurement discourse at a conference on “Measuring the Social Impact of Social Enterprises”. My approach will be to explore how to frame the discussion in the context of a market centric perspective as part of developing EngagedX – the world’s first financial index for impact investing. For the purposes of compiling an index, we are agnostic about specific metrics used and instead seek to determine a meta-framework approach for how to map and categorise the data of all metrics in use.