The Paris financial center equips itself with operational tools to develop impact finance
The Place group, launched within Finance for Tomorrow in March 2021, has been working to develop an excel Grid 2022 of the scale for assessing a fund’s potential contribution to sustainable transformation and an Impact Investor Charter.
The 2022 excel Grid for assessing a fund’s potential contribution to sustainable transformation enables a fund to ‘score’ its potential contribution to impact and be qualified as ‘impact’, if and only if the overall score is at least 70% AND if the 12 qualifying questions are validated at the minimum required level. 33 questions combined on 4 levels of requirement within 3 equally weighted parts (30% each): Theory of Change, Operational Implementation and Results Monitoring, completed by the 10% dedicated to Communication and Credibility.
The aim of this grid is to guide end investors and savers towards the funds most likely to contribute to impact. We invite you to take advantage of these operational tools and to test the grid on your own funds as soon as possible: listed and unlisted, and to send us the score results in complete confidentiality, so that we can add to it.
Discover the Excel 2022 Grid
The Explanatory Note to the 2022 Grid for assessing a fund’s potential contribution to sustainable transformation is a useful and educational tool for integrating impact into fund design and management : this document of over 30 pages successively outlines the context, objectives and method of its co-construction; the points of debate and approaches adopted are also presented along with the Grid’s approach; these elements are then supplemented by filling-in instructions, explanations for each of the questions and a glossary.
Read the Grille 2022 explanatory note
The Impact Investor Charter is based on the definition of impact finance drawn up in September 2021 as part of the work of the Impact Place Group coordinated by Finance For Tomorrow, and on the Grid for assessing a fund’s potential contribution to sustainable transformation: any investor who signs the Charter undertakes to respect its 10 principles, as well as the Grid’s ‘Impact’ qualification process for the scope of committed funds. These 10 principles are based on the 3 pillars of impact: intentionality, additionality and measurement, complemented by the alignment of interests.