The Positive Impact Initiative has devised several tools to help the financial sector analyse and manage impacts. Building from the high-level Principles, PII offers an Impact Radar, Model Frameworks for different business lines and types of assets, all the way to a set of impact analysis tools currently undergoing testing and soon to be released as prototypes. Please see an overview of the tools below.
In 2020, the PII will continue to work with practitioners, experts and partners to strengthen the prototype tools. Please contact us if you would like to support this effort.
The Impact Radar offers a holistic set of impact areas.
The radar captures the core elements of the Sustainable Development Goals in a way that is applicable to business. It is anchored in international definitions and standards. It is global, neutral and practical.
The Principles for Positive Impact Finance establish the need for appropriate processes for a holistic and effective appraisal and management of impacts. They also set out the need for transparency on both the processes and outcomes of impact analysis and management.
In 2018, the PII issued a set of Model Frameworks to provide guidance on integrating holistic impact analysis into business processes and decision-making, spanning different business lines and asset types. They can be used by financial institutions, as well as by third parties such as auditors.
Download the Model Frameworks here:
The UNEP FI Impact Analysis Tools, launched in 2020, have been designed open-source for banks and investors to use within their existing processes and IT systems.
The Corporate Impact Analysis Tool helps banks and investors gain a cross-cutting view of their client and investee companies’ impact status and possibilities, whilst the Portfolio Impact Analysis Tool for Banks is designed to guide banks through a holistic impact analysis of their portfolios.
Find out more in the “Tools” section.