Inclusive Business Action Network

The Inclusive Business Action Network (iBAN) is a global initiative supporting the scaling and replication of inclusive business models. Through its strategic pillars iBAN blue and iBAN weave, iBAN manages an innovative online knowledge platform on inclusive business (inclusivebusiness.net) and offers a focused Capacity Development Programme for selected companies and policymakers in developing and emerging countries. iBAN creates a space where evidence-based knowledge transforms into learning and new partnerships. With its focus on promoting the scale-up of inclusive business models, thereby improving the lives of the poor, iBAN is actively contributing to the achievement of the United Nations Sustainable Development Goals. iBAN is funded by the German Federal Ministry for Economic Cooperation and Development and the European Union. It is implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.

Next Steps for Entrepreneurs on Evidence of Impact

Practical impact measurement tools for businesses and social enterprises
Results Measurement and Impact
7. Nov 2019

Are you unsure about the right tool for measuring your impact? We have put together a collection of different impact measurement tools to help you find the one that fits your business best.

Also make sure to visit the IB Training Page, where you will find lots of different learning tools, among others a course on Access to Impact Investing for Social Enterprises.

Specific Tools

TPG Rise Fund’s Impact Multiple of Money

  • Forecasting the social and environmental gains on an investment has historically been largely based on intuition and instinct. In partnership with Y Analytics and Bridgespan, The Rise Fund created a methodology to assess potential impact before a single dollar is committed. The new metric is called the Impact Multiple of Money (IMM).

Lean DataSM by Acumen

  • Acumen created Lean Data to fully understand how our investments impact the lives of low-income people. By putting the voice of the customer at the center of impact measurement and leveraging mobile technology for fast, reliable response, Lean Data has become an exciting new tool for social enterprises, investors and beyond. Lean Data is being shared with the sector at large through the creation of 60 Decibels.

Social Return on Impact Investments (SROI)

  • Social Return on Investment (SROI) is an organizational method of accounting for value creation, primarily social or environmental value. SROI enables organizations to measure how much change is being created by tracking relevant social, environmental, and economic outcomes. The key difference between SROI and other methodologies is the assignation of monetary values to the amount of change created.

Poverty Probability Index

  • The Poverty Probability Index (PPI®) is a poverty measurement tool for organizations and businesses with a mission to serve the poor. The PPI is statistically-sound, yet simple to use: the answers to 10 questions about a household’s characteristics and asset ownership are scored to compute the likelihood that the household is living below the poverty line. With the PPI, organizations can identify the clients, customers, or employees who are most likely to be poor, integrating objective poverty data into their assessments and strategic decision-making.

Soup to Nuts Resources

BCtA's Online Impact Lab for Inclusive Businesses

  • Business Call to Action's free online tool assists companies to develop their impact management framework linked to the SDGs, identify gaps in existing evidence and design a monitoring plan to collect data.

Mission. Model. Measure by Social Enterprise Institute & Social Value Lab

  • The platform brings together in one place a complete package of online training, guidance, tools and templates. It explains the topic of impact measurement in straightforward terms and provides the practical tools you will need to plan, measure, communicate and grow your social or environmental impact.

Just Enterprise

  • As an example of efficient support, Just Enterprise offers a full spectrum of business support and learning and development including highly tailored leadership programmes with the Social Enterprise Academy in Scotland.

Social Shifters

  • Social Shifters is an international network of people committed to social and environmental change. It is a revolutionary digital space where social entrepreneurs learn, collaborate, and get inspired.

Developing standards of practice

SDG Impact

  • SDG Impact is a UNDP initiative aimed at advancing transparency and mobilising private capital in support of sustainable, climate-friendly growth. The SDG Impact Standards are principles and tools for investors and enterprises, developed by an active network of industry-leading partners, facilitated by the Impact Management Project.

Global Reporting Initiative

  • The GRI Standards are the first global standards for sustainability reporting. They feature a modular, interrelated structure, and represent the global best practice for reporting on a range of economic, environmental and social impacts.

Impact Management Project

  • The Impact Management Project (IMP) is a forum for building global consensus on how to measure and manage impact.