What is Impact?

• Act to Avoid Harm – for example, decreasing a carbon footprint, reducing waste of scarce resources or paying an appropriate wage. This might be focused on mitigating reputational or operational risk.
• Benefit Stakeholders – for example, proactively up-skilling employees or selling products that support good health or educational outcomes. This is often in pursuit of long-term financial outperformance and a drive to have a positive effect on society.
• Contribute to Solutions – many corporates go further, using their venturing activities to contribute to pressing social and environmental problems – for example, enabling an underserved population to achieve good health, educational outcomes or financial inclustion, or hiring and skilling formerly unemployed individuals.

GIV will focus on highlighting deals and venturing activity with a range of impact goals, whether within CVCs or portfolio companies, and especially highlight how they relate to the Sustainable Development Goals which is the closest the world has to a roadmap.