i2 SustainIT
  • About
    • The Project
    • Outputs
    • Partners
    • Sustainability
  • Resources
    • Impact Measurement Guidelines
    • Design Thinking for Impact Incubation
    • Impact Investment & Sustainability Handbook
    • Surveys
  • Blog & News
    • Blog
    • Newsletters
  • Impact Conference 2021
    • Impact Conference Highlights
  • di2 platform
  • BASET
  • Contact
  • About
    • The Project
    • Outputs
    • Partners
    • Sustainability
  • Resources
    • Impact Measurement Guidelines
    • Design Thinking for Impact Incubation
    • Impact Investment & Sustainability Handbook
    • Surveys
  • Blog & News
    • Blog
    • Newsletters
  • Impact Conference 2021
    • Impact Conference Highlights
  • di2 platform
  • BASET
  • Contact

What is the G8 ? What does it do? And how does it relate to Social Impact?

24/11/2021

Comments

 
Picture
d The Group of Eight (G8) refers to the group of eight highly industrialized nations--France, Germany, Italy, the United Kingdom, Japan, the United States, Canada, and Russia—that hold an annual meeting-summit lasts for two days- to foster consensus on global issues like economic growth and crisis management, global security, energy, and terrorism. The Working Group Under the direction of the Social Impact Investment Taskforce, the Impact Measurement Working Group was established, consisting of 24 impact investing and measurement practitioners.

Those who wish to implement impact measurement today face a variety of challenges. In light of this, the Working Group has identified four broad phases of impact measurement: Plan, Do, Assess and Review. Along with insight into the impact that an activity is generating, this process generates intelligence that can further enhance the measurement and investment processes.























In addition, the Working Group has identified seven widely accepted activity guidelines that underlie the four phases of impact measurement. These seven guidelines provide participants with a blueprint for the effective definition, collection and analysis of impact data.

As the G8’s Social Impact Investment Taskforce put it:

“The better we get at measuring impact, the more money will flow into impact investment” (2014).

These guidelines and related actions are dynamic. Performance measurement processes and the outputs of each step will interact and evolve continuously. The sequence, frequency, and timing of each activity will also vary. Implementation of these guidelines will be unique to every organization, as they are likely to have their own measurement goals, resource constraints, and stakeholders to consider. Nonetheless, these guidelines form a good foundation for any impact measurement framework

Do you want to know more about this? 

Click the button and download our free Impact Measurement Guidelines. 


Impact measurement guidelines [IM guide]
​Author
Partners @i2 SustainIT
Comments

    Author

    Write something about yourself. No need to be fancy, just an overview.

    Archives

    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    July 2020

    Categories

    All
    Design Thinking
    Erasmus+
    Impact Investment
    Impact Measurement
    Impact Measurement Guidelines
    Mentors
    Social Entrepreneurs
    Social Innovation
    Sustainability
    Transnational Meeting

    RSS Feed

Picture
The Impact Incubator for Nurturing Sustainability /i2 SustainIT/ Project No. 2019-1-UK01-KA204-061873 has been co-funded by the Erasmus+ Programme of the European Union. 
​

This website reflects the views only of the author, and the European Commission cannot be held responsible for any use which may be made of the information contained therein.

 i2 SustainIT

Home
About
The Project
Outputs
​Partners
Sustainability

Support

Blog & News
​Contact

    SIGN UP FOR OUR NEWSLETTER

Subscribe now

​Translation of the website is available in the following languages:

Picture
Picture
Picture
© i2 SustainIT 2019-2021. ALL RIGHTS RESERVED.