Making the Mark

The Benchmark
for Impact
Investing Practice

May 2021

Find out what it takes to be an IMPACT LEADER

Introducing the BlueMark Practice Benchmark, the first definitive resource in impact investing that allows market participants to differentiate between Practice Leaders and Practice Learners.

The Benchmark is anchored in the aggregated findings from BlueMark’s 30+ impact verifications completed to date, which involved conducting hundreds of client interviews and reviewing thousands of pages of investment policies, transaction documents, data, and reports.

Impact investors large and small, specialized and diversified, choose BlueMark to verify the alignment of their impact management practices with key industry standards, like the Operating Principles for Impact Management.

BlueMark’s verification clients represent all asset classes and investor types, and collectively oversee $99+ billion in impact assets under management.

Making the Mark

The Benchmark
for Impact
Investing Practice

May 2021

Find out what it takes to be an IMPACT LEADER

Introducing the BlueMark Practice Benchmark, the first, definitive resource in impact investing allowing market participants to differentiate between Practice Leaders and Practice Learners.

The Benchmark is anchored in the aggregated findings from hundreds of BlueMark client interviews and assessment of thousands of pages of investment policies, transaction documents, data, and reports.

Impact investors large and small, specialized and diversified, representing $99 billion in impact assets, choose BlueMark to verify the alignment of their impact management practices with key industry standards, like the Operating Principles for Impact Management.

Bain Capital Double Impact, LP | Big Society Capital Limited | BlueOrchard Finance Ltd. | Calvert Impact Capital | CDC Group plc | Closed Loop Partners | Community Investment Management LLC | DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH | EDFI Management Company (EDFI-MC) | European Bank for Reconstruction and Development (EBRD) | Franklin Templeton Social Infrastructure Fund | FinDev Canada | Finnish Fund for Industrial Cooperation (Finnfund) | FullCycle Management, LLC | Investment Fund for Developing Countries (IFU) | Kohlberg Kravis Roberts & Co. L.P. | LeapFrog Investments | LGT Venture Philanthropy Foundation | Nuveen, a TIAA company | Partners Group AG | PG Impact Investments AG | Prudential Financial, Inc., Impact & Responsible Investing | Quona Capital Management Ltd. | The Osiris Group | UBS Group AG | Women’s World Banking Asset Management

%

of all investors verified by BlueMark

Align staff incentive systems with impact performance

%

Align their impact objectives with the 169 targets underlying the Sustainable Development Goals

Impact verification is not only important to understand how our own impact standards and practices align with the Principles and where we can improve, it also helps us in our selection and assessment of fund managers through which CDC invests indirectly.

CDC Group

%

Assess each investment using the IMP’s five dimensions of impact

%

Systematically follow up and engage with investees to address ESG gaps and risks

Our engagement with BlueMark has been an important part of our ability to both benchmark and improve our impact management efforts over time. The team brings a unique perspective of what is common and best practice in the impact marketplace and we have benefited from this insight.

KKR

%

Solicit input from key stakeholders to assess impact performance

%

Monitor and review any unexpected positive or negative impacts

Closed Loop Partners believes in the integration of environmental and social value into markets. BlueMark represents critical accountability, given that impact outcomes have yet to be globally standardized. BlueMark brings transparency to impact processes and empowers market participants and stakeholders to confirm that impact outcomes are credibly derived.

Closed Loop Partners and Nestlé

Download ‘Making the Mark’ to learn more about best practices in impact management.

Watch a recording of our May 13 launch event on “How to be an Impact Leader” to hear first-hand from several of BlueMark’s clients that have gone through the verification process to learn how a third-party perspective helped them improve their approach to impact management. The event featured BlueMark’s Christina Leijonhufvud as well as speakers from Bain Capital Double Impact, Big Society Capital, Summit Africa, The Rockefeller Foundation, and the U.S. International Development Finance Corporation.

To learn more about BlueMark’s approach to impact verification, download BlueMark’s inaugural Making the Mark’ report (2020 edition) or visit our Resources page.

ABOUT BLUEMARK

BlueMark is a leading provider of impact verification with a mission to strengthen trust in impact investing and to increase accountability for impact. BlueMark is an independent subsidiary of Tideline, a certified women-owned advisory firm in impact investing.

Bain Capital Double Impact, LP | Big Society Capital Limited | BlueOrchard Finance Ltd. | Calvert Impact Capital | CDC Group plc | Closed Loop Partners | Community Investment Management LLC | DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH | EDFI Management Company (EDFI-MC) | European Bank for Reconstruction and Development (EBRD) | Franklin Templeton Social Infrastructure Fund | FinDev Canada | Finnish Fund for Industrial Cooperation (Finnfund) | FullCycle Management, LLC | Investment Fund for Developing Countries (IFU) | Kohlberg Kravis Roberts & Co. L.P. (KKR) | LeapFrog Investments | LGT Venture Philanthropy Foundation | Nuveen, a TIAA company | Partners Group AG | PG Impact Investments AG | Prudential Financial, Inc., Impact & Responsible Investing | Quona Capital Management Ltd. | The Osiris Group | UBS Group AG | Women’s World Banking Asset Management

%

% of all verified investors

Align staff incentive systems with impact performance

%

Align their impact objectives with the 169 targets underlying the Sustainable Development Goals

Impact verification is not only important to understand how our own impact standards and practices align with the Principles and where we can improve, it also helps us in our selection and assessment of fund managers through which CDC invests indirectly.

CDC Group

%

Assess each investment using the IMP’s five dimensions of impact

%

Systematically follow up and engage with investees to address ESG gaps and risks

Our engagement with BlueMark has been an important part of our ability to both benchmark and improve our impact management efforts over time. The team brings a unique perspective of what is common and best practice in the impact marketplace and we have benefited from this insight.

KKR

%

Solicit input from key stakeholders to assess impact performance

%

Monitor and review any unexpected positive or negative impacts

Closed Loop Partners believes in the integration of environmental and social value into markets. BlueMark represents critical accountability, given that impact outcomes have yet to be globally standardized. BlueMark brings transparency to impact processes and empowers market participants and stakeholders to confirm that impact outcomes are credibly derived.

Closed Loop Partners and Nestlé

Download ‘Making the Mark’ to learn more about best practices in impact management.

On May 13, join us for a discussion on “How to be an Impact Leader” featuring speakers from BlueMark, Bain Capital Double Impact, Big Society Capital, Summit Africa, The Rockefeller Foundation, and the U.S. International Development Finance Corporation. Register for the virtual event at https://us02web.zoom.us/webinar/register/WN_1tJXz6l5RRWyyx8FsiEM5w

To learn more about BlueMark’s approach to impact verification, download BlueMark’s inaugural Making the Mark’ report (2020 edition) or visit our Resources page.

ABOUT BLUEMARK

BlueMark is a leading provider of impact verification, with a mission to strengthen trust in impact investing and to increase accountability for impact. BlueMark is an independent subsidiary of Tideline, a certified women-owned advisory firm in impact investing.

BlueMark is a trademark of Tideline Advisors, LLC.

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