Saturday 30 January 2021

How Data Can Help assess the Social and Environmental Impact of your Business

 Impact data and metrics are fundamental to the understanding of whether any progress is being made towards achieving impact goals, proactive impact reporting to stakeholders, and enhancing impact performance. ImpactableX uses impact modeling technologies that generate the analytics and data needed by portfolio managers for the transparent and seamless tracking, analysis, and reporting of verified impact. ImpactableX approach makes it possible to compare impact potential in investments, compare impact performance to the market average, and give insight on the contribution of invested funds in the process of unlocking impact. The data that ImpactableX generates makes it possible for impact funds to bring forth insights that define the standards for impact measurement and management.

Portfolio analysis starts with identifying the outcomes and outputs that are a priority. The process continues by implementing standards and practices that best drive impact for the funds. After this ImpactableX builds a model of impact for every one of the companies to generate impact outputs that are certified and valuations that define the impact of the funds. Once a link between impact creation and revenue is established and certified, it becomes possible to do impact tracking as a financial reporting function. As your fund gathers regular reporting, our automated technology computes the impact earned by every company for the period. Once primary data is generated from a portfolio, ImpactableX computes the analytics that will differentiate the impact fund. Our team builds a unique dashboard for every supported fund.

xModeling is a unique methodology used by ImpactableX to set aside the business model levers that cause impact. Our team relies on comparable technologies and research to set the data points. After this, we refine and validate the data variables through the direct collection of primary data from places and people that have experienced this impact. Through impact assessment, our team helps founders to determine the variables that need validation in the xModels and collect the data required to achieve this. This data is fed into the xModel of the company to automatically come up with fresh analytics.

No comments:

Post a Comment

A Simplified Impact Analysis Methodology that Allows Companies to Differentiate Themselves

ImpactableX uses a business impact analysis methodology that allows founders to understand the metrics that should be measured and the exte...