Criteria for Impact Company Designation

Each company or charity that we invest with goes through a rigorous selection process to determine whether the company has a social, environmental, or other Kingdom-advancing purpose in line with Impact Investing Foundation's mission.** Specifically, we want to see that the company has the following: 

1) Outcomes focus - the company actively seeks to have a positive effect for a specific group of people, not just through the use of profits (as in traditional charity), but through its relations with vendors, employees, customers, and/or clients. 

2) Supportive governance -  The company is a certified B corp with B Labs. Or in the alternative, has built into its governance documents certain provisions to protect the primacy of its social purpose.

3) Innovative approach - the company’s activities build upon what already exists to create an innovative product, process, or business model.

4) Measurements that matter - the company knows what activities contribute importantly to the financial and social outcomes it seeks. It has developed a set of metrics to monitor those activities and the outcomes it seeks and has implemented mechanisms for measuring and reporting those metrics.

5) Inclusive offering - the products and services offered by the social venture should be designed to benefit all people in the target population and the venture should plan to make its products and services accessible to and affordable for the targeted population.

6) Scalable design  – the output (products or services) of the social venture should be able to grow to reach a level that is significant relative to the level of need and size of the target population.

7) Faith/mission supportive - the company has one or more of the following: faith-informed approaches to solving consumer/customer needs; faith-driven leadership; and/or a demonstrated commitment to donate a portion of profits to charities on the Impact Foundation platform. 

**This list does not include the financial or structural issues that we examine. And please remember that we're not investment managers and do not give investment advice. Our review is primarily focused on assessing potential for impact

Aimee MinnichComment