Impact Management & Measurement
The Impact Measurement and Management Working Group seeks to develop clear understanding of IMM by promoting practical implementations, capacity buillding, standardisation, advocacy and awareness.
- Promote Practical Implementation: Facilitate the practical application of Impact Measurement and Management principles within the Turkish investment landscape. Develop guidelines and best practices tailored to the local context, fostering a culture of impact awareness and accountability.
- Capacity Building: Build the capacity of investors, enterprises, and stakeholders to measure and manage the impact of their investments effectively. Conduct training sessions, workshops, and knowledge-sharing forums to enhance understanding and proficiency in IMM methodologies.
- Standardisation: Work towards developing standardised IMM frameworks that align with international best practices. Encourage the adoption of standard impact measurement metrics, ensuring consistency and comparability in reporting across different stakeholders.
- Advocacy and Awareness: Advocate for integrating positive and negative impact considerations into investment and business decisions. Raise awareness about the role of IMM in achieving Sustainable Development Goals (SDGs) and promote the benefits of responsible investing.
- Governmental Bodies: Collaborate with regulatory authorities and governmental bodies to align IMM practices with national development goals and regulatory frameworks.
- Financial Institutions: Engage with banks, investment firms, and other financial institutions to embed IMM practices in their investment strategies. Explore opportunities for financial support and incentives for impactful investments.
- Companies: Partner with businesses to incorporate IMM into their corporate strategies. Encourage the adoption of the IMM framework, positioning impact as a core element of business success.
- Civil Society Organisations: Contributing to NGOs’ corporate capacity development and financial sustainability by enabling them to measure and manage their impacts. Foster dialogue and partnerships that amplify the positive impact of investments.
- Workshops and Training: Organize workshops and training sessions on IMM methodologies, targeting government officials, financial institutions, investors, enterprises, and other stakeholders.
- Research and Development: Conduct research to identify sector-specific impact indicators and measurement tools. Develop resources and guidelines to support IMM implementation.
- Pilot Programs: Initiate pilot programs with eager enterprises to test and refine IMM frameworks. Gather insights and lessons learned to inform broader adoption.
- Advocacy Campaigns: Launch advocacy campaigns to promote the importance of IMM in sustainable development. Engage with media to disseminate success stories and showcase the benefits of impact investing.
- Conferences: Host annual conferences to bring together stakeholders, share best practices, and foster a community of practice around impact measurement and management.
The IMM Working Group envisions a future where impact investments contribute to financial returns and drive positive social and environmental change. It aims to accelerate the shift towards a more sustainable and impactful investment ecosystem in Türkiye and beyond by aligning efforts, sharing knowledge, and collaborating with key stakeholders.