Impact Data

The state of impact data

There is currently no standardization of impact metrics or ESG data points. Most individual investment funds, solutions or ratings providers customize their metrics based on their own needs and experiences.

Companies can draw from the GIIN’s IRIS database of Impact Metrics, and draw from different metrics banks to make their impact claims, create their impact reports and publish them.

To-date, companies have relied on transparency being driven by publication – that if their data, claims are reported and made public, the very publication itself builds credibility. With the increase of capital inflows to sustainable and ESG-rated companies coupled with heightened awareness of the importance of impact data, investors and consumers are seeking more reliable reporting. “Greenwashing” becomes a risk across impact investing and the public capital markets overall.

The Past
Transparency = Publication

The Future
Transparency = Stakeholder-Verified Data

What are we doing differently?

Each step from Investment, to ESG, Impact, Revenue and Financial Performance is tracked and verified by company stakeholders, RAZ network members alongside third-party verifiers and organizations, while timelines and data points are secured by blockchain-based solutions.

When a company uploads documentation and proof of their impact, stakeholders are engaged to verify data, document and track progress.

Data is captured across an unalterable timeline while making it possible for the network’s stakeholder groups and verifiers to influence outcomes in measurable, positive ways.

Capital Deployment - ESG and Impact Data - Revenue and Financial Performance become interconnected and results can be tracked across a verified and transparent ledger.