An impact-driven approach is essential to addressing the interrelated challenges arising from climate change, resource depletion and increasing demands from a growing global population.
We measure impact on our forest carbon projects across seven impact criteria:
We use key performance indicators (KPIs) to track progress on our projects ensuring that they all maximise their environmental and social impact.
An annual Impact Report shows the progress of the Althelia Climate Fund portfolio against 2021 targets.
If you want to learn more about the nitty gritty of reporting impact methodologies watch this video.
The webinar gives a background on Althelia Funds, their approach to impact, their impact methodology and examples from their annual impact report. Together Althelia Funds and Mirova channel finance towards conservation and sustainable development, with a target of reaching €1 billion in assets under management for natural capital investment over the next 5 years. They believe projects that generate positive environmental and social benefits will in turn be more sustainable, have reduced risk and generate better financial returns. The impacts are assessed and they have a commitment to their investors to measure and report the impact across our portfolio on an annual basis.
Reporting these impacts can be a challenge with no single methodology in place. Emma discusses these challenges they face, following this she goes over their best-in-class methodology which they implement to measure these impact across their projects.