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Impact Thesis Blueprint Library

A curated collection of research, frameworks, and tools — organized by topic and mapped to The Impact Thesis Blueprint.

Topic
Impact Thesis Theory of Change Measurement Returns Due Diligence Fund Design Sectors Policy Reporting Market
Blueprint Section
M1: Overview M2: Strategy M3: Understand M4: Invest M5: Project M6: Finalize
Type
Annual Report Article Blended Finance Book Case Study Climate Crowdfunding Employee Ownership Framework Guide Index Platform Report Toolkit Video Working Paper
All Topics Impact Thesis Theory of Change Measurement Returns Due Diligence Fund Design Sectors Policy Reporting Market
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Impact Due Diligence

Impact due diligence extends traditional investment analysis to include an assessment of whether an investment can deliver on its stated impact objectives. It asks not only "will this generate acceptable financial returns?" but also "will this produce the societal outcomes it claims to pursue?" These resources, curated for The Impact Thesis Blueprint, provide the frameworks needed to rigorously evaluate impact claims before committing capital.

The practice involves screening, exclusion, governance assessment, and evaluation of the investee's capacity to deliver impact. A critical distinction is the difference between ESG integration and impact investing. ESG screens for risk mitigation — identifying factors that could affect financial performance. Impact investing goes further: it requires intentionality, additionality, and measurability.

The resources in this collection address these distinctions and provide practical frameworks for conducting impact due diligence. You will find guidance on screening methodologies, governance frameworks, and the emerging academic literature on the relationship between investor engagement and corporate behavior.

The Blueprint's Invest component encompasses due diligence as a critical step in defining the opportunity. Before projecting returns, you must first establish that the investment vehicle can credibly deliver the intended impact.

AA1000 Stakeholder Engagement Standard

AccountAbility

International standard for designing and implementing stakeholder engagement processes in impact assessment.

FrameworkM4: Invest

Enterprise Risk Management: Applying ERM to ESG-Related Risks

WBCSD / COSO

Framework for integrating environmental, social, and governance risks into enterprise risk management processes.

FrameworkM4: Invest

Exit vs. Voice

Broccardo, Hart & Zingales / ECGI

Analyzes the effectiveness of divestment (exit) versus shareholder engagement (voice) in corporate governance.

Working PaperM4: Invest

Impact Investing in Listed Equities: Strategies for Pursuing Impact

GIIN

Practitioner survey on impact strategies in public equity markets, covering engagement, ESG integration, thematic investing, and additionality debates.

ReportM4: Invest

Institutional Asset Owners: Strategies for Engaging with Asset Managers for Impact

GIIN

Guidance for asset owners on how to select, evaluate, and hold asset managers accountable for impact commitments across fund relationships.

ReportM4: Invest

Intentional Governance Guides

The Governance Institute

Guidelines for developing intentional governance structures to support impact goals.

GuideM4: Invest

Listed Equities Working Group

GIIN

Practitioner guidance from the GIIN working group on pursuing impact through listed equity strategies, covering engagement, screening, and additionality.

ReportM4: Invest

Socially Responsible Disinvestment

Edmans, Levit & Schneemeier / ECGI

Analyzes the effectiveness of socially responsible divestment in driving corporate change.

Working PaperM4: Invest

The Impact Investing Market in the COVID-19 Context: Due Diligence

GIIN

Analysis of how COVID-19 changed impact due diligence practice, including remote assessment, scenario planning, and portfolio monitoring protocols.

ReportM4: Invest

The Missing Middles: Segmenting Enterprises to Better Understand Their Financial Needs

GIIN

Enterprise segmentation framework identifying the 'missing middle' financing gap, with data on firm characteristics and capital access barriers by size segment.

ReportM3: Understand

Vision for Enhanced Double Materiality Assessment Through Impact Measurement and Valuation

Deloitte

Deloitte's approach to strengthening double materiality assessments using quantitative impact measurement.

ReportM4: Invest
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