We fully appreciate that Impact as defined and measured in most private and unlisted investments, is very different to that which can be expected and delivered by listed companies. Traditionally, listed companies are limited to disclosing their financial returns; however, we start by requiring companies to define their targets on non-financial capital also (Human, Social and Environmental).
As far as non-financial capital targets go, companies generally have different base lines as a starting point. Hence, we define IMPACT as a company’s incremental progress towards their non-financial capital S.M.A.R.T. (Specific, Measurable, Attainable, Relevant and Time Sensitive) targets.
At a portfolio level we look at the Portfolio's SDG footprint, S.M.A.R.T targets and also through CDP, GRI, SBTi adoption, for example. At a company level we look at their individual SDG targets or stakeholder defined targets.
SAMPLE S.M.A.R.T TARGETS
* Portfolio data as at 30 June 2020
Discover some of the long term human capital targets these companies have set by clicking on their logos: