Impact finance and sustainable development
Gaining momentum in the contemporary business debate, the acronym ESG identifies the three key aspects to take into account when measuring the sustainability of an investment project. Today investors can’t overlook issuers integrity and transparency about their environmental, social and governance performances.
Impact investing aims to generate positive social and environmental impacts, together with an economical return. Impact investments are rooted in the discussion on how to orientate global finance in a way that contributes towards restoring the environment and empowering society to build back stronger and juster. Quickly mainstreaming from a niche, impact investments are today widespread financial tools that encompass sectors and regions. The impact finance reliability is based on data driven performance indicators and internationally recognized evaluation frameworks.
Impact assessment frameworks represent today the available tools for companies to measure and understand their impacts on the environment and the society, enabling enhanced information and transparency for their stakeholders.
Social and environmental impacts assessment
Environmental and social impact assessments outcomes represent a valuable input for investors metrics, evaluating companies ESG performance and better inform their investment choices.
Performing an impact assessment is a complex process that requires the diverse combination of technical skill sets, assessment frameworks knowledge and a sound scientific mindset.
Impact assessment is rooted into a multidisciplinary approach that integrates the evaluation of economical aspects of business activities with the calculation of positive and negative externalities they produce on the society and the environment they interact with. The impact assessment outcomes can support companies reshaping their value chain, identifying innovation opportunities and mitigating emerging risks connected to their ESG performances.
Impact assessment with NUVA
NUVA can provide support through a wide range of impact assessment tools based on internationally recognized frameworks and guidelines.
NUVA impact assessment path is based on a scientific approach that encompass the following phases:
- Impact assessment system boundaries and scope definition;
- Identifying and mapping the externalities all along the value chain;
- Measuring environmental and social impacts through the best fitting internationally recognized metrics, depending on scope;
- Impact reporting based on internationally recognized guidelines, maximizing transparency and stakeholder engagement
Following an Impact Assessment, NUVA can support companies in identifying the optimal ESG strategy to improve their environmental and social performances and provide them tools to include them into their accounting along with more traditionally considered economical value.
NUVA can therefore facilitate the access to impact finance opportunities and improve the relationship with institutions and civil society, through a more inclusive and transparent business model design.