Oranges & Lemons: The State of Play of Impact Measurement among UK Social Investment Finance Intermediaries

Oranges & Lemons: The State of Play of Impact Measurement among UK Social Investment Finance Intermediaries

Over the course of roughly two months, Investing for Good spoke with the investment managers or impact managers of ten UK SIFIs identified as leaders in the field. The report examines the state of IM and shares several case studies about varying approaches to IM. It reflects the practices and perspectives of Big Issue Invest, Bridges Ventures Social Entrepreneurs Fund, Charity Bank, Esmée Fairbairn Foundation, Impact Ventures UK, Nesta, Social Investment Business, Social Investment Scotland, Resonance, Venturesome, Social Impact Accelerator at the European Investment Fund, Ethex, and Social Finance The report provides an overview of the state of Impact Measurement Practices in the social finance sector, practical challenges that investors are facing, and guidance on integraing impact consideratoins in the investment process

“One of these four SIFIs provides its investees with an actual menu of KPIs, 70% of which are IRIS metrics. While IRIS is reported to be widely used outside of the UK, this is the only one of the ten SIFIs interviewed to do so.”

- Big Society Capital