GIST Impact

"How deep is our understanding of - and the focus of our systems on - recognising environmental externalities?" Yesterday, our Founder and CEO Pavan Sukhdev had the honour and privilege of chairing a panel discussion at the The Royal Society on the topic of Financial Risk. Held as part a broader two day event titled "How does ecological risk relate to commercial risk?" and chaired by Professor Sir Partha Dasgupta, the panel produced some startling insights on the importance of taking nature into account as part of wider financial decision-making processes. Here are the key takeaways: 🏛 Nature-related risk is systemic and fundamental: "the most important thing... is that this makes it into our traditional way of thinking about risk. Not only having a sustainability office, but really having it ingrained into the core operations of a financial institution." Marc Reinke (Head of the Sustainable Finance Office, DNB) 📉 Financial institutions are exposed to large amounts of unseen risks: "we did a piece of work with HSBC, understanding the impact of a very realistic scenario of water stress on their portfolio of 50 South East Asian heavy industry corporates. We saw that the majority of that portfolio went from investment grade to non-investment grade as a result of that scenario." Dr Nina Seega (Director, Cambridge Institute for Sustainability Leadership (CISL)) 🌪 Improved data sharing and education is critical to keep insurance viable: "For me, the biggest thing is education of government and policy holders. As insurers, we hold a lot of data... and we want to share that data to make an impact. Otherwise, this is just going to get worse... the devastation is real." Waseem Malik (Chief Claims Officer, Aviva) Watch the full streams of yesterday's and today's events here: https://lnkd.in/ekBREk6f Please visit our website to find out more how financial institutions and corporates can mitigate their risks and integrate nature-based decision-making into their processes: https://lnkd.in/evaZcafH #sustainability #biodiversity #nature #externalities #naturepositive #sustainablefinance #NGFS #GreeningFinance

🌍We are proud to partner with Newsweek and Plant-A Insights Group for the second year in recognising America’s Greenest Companies. These companies are leading the charge on sustainability in the US, setting the standard in reducing greenhouse gas emissions ♻️, water management 💧, and waste reduction 🚯. The rankings are based on a rigorous analysis of companies’ performance over time, their impact intensity, their future commitments, and whether they engage in environmental or socially damaging business lines. At GIST Impact, we’re honored to play a key role in this effort by providing data and methodology for this project to help spotlight companies that are truly committed to environmental responsibility. 📊If you are interested in finding out how your company is performing relative to your peers and sector, don’t hesitate to reach out to us on info@gistimpact.com Click here to view the full list: https://lnkd.in/gpyx5vdY #Sustainability #SustainableFuture #GISTImpact

We are delighted to announce that we have been selected to join London & Partners’ Grow London Global programme, supported by the Mayor of London. We’ll be joining the 12 month programme to gain access to support in unlocking our global growth ambitions and expanding internationally. For more information, visit: grow.london/global

Looking for an end-to-end CSRD solution? Look no further! Join speakers from three leading organisations helping their clients accelerate and streamline their CSRD journey - Sam King (SVP Corporate, GIST Impact) Ben Wood PhD (Principal, S7) Jette Ås Harbo (Regulatory Product Development Manager, Celsia) Sam, Ben and Jette will discuss the CSRD as an innovation and value opportunity. Tune in to: ✅ Understand how to maximise the efficiency and robustness of double materiality assessments using quantitative insights. ✅ Discover how to transform impact into a value creation opportunity that complements an existing business model. ✅ Learn how to leverage materiality to drive strategic decisions. ✅ Gain insight into how to make the most of shifts in reporting standards. Register here: https://lnkd.in/ejQkHpCD 📅Date: 10th October 2024 ⏰Time: 9am EDT | 2pm BST | 3pm CEST #csrd #impact #impactmateriality #doublemateriality #sustainability

We are proud to announce that GIST Impact has been featured in Microsoft's UK Impact Report! 🎉 Microsoft used our objective, research-driven insights to assess the social return on investment of four different programmes: 1. Microsoft Founders Hub - generated over £17 million in value from 2021-22 for UK startups, with 44% of overall benefits going to businesses outside London. 2. Innovate Together 2.0 - generated £2.9 million to date by supporting local government customers accelerate digital transformation through collaboration and training. 3. Microsoft Apprenticeship Connector - generated a 5-year total economic value of £86,000 per person by connecting job seekers to tech apprenticeship opportunities. 4. Digital Edge - generated total economic value of £78,000 per person (and a return of £11.04 per £1 invested!!!) by helping people over the age of 18 to get their first digital job. You can find the report here - https://lnkd.in/eWVV5kk4 Here's to spreading the fruits of commercial success by growing the social capital of local communities! 🙌 #impact #socialimpact #sroi #apprenticeship #socialprogramme Karan Peer

Did you know? Social value is an essential part of public procurement process in the UK. The key lies in three pieces of legislation: 1️⃣ The 2012 Social Value Act, which set the direction 2️⃣ The UK Social Value Model, which provides the assessment framework 3️⃣ The upcoming Procurement Act, which will take things further - and streamline the process for SMEs. Scroll through the carousel to learn more - and get in touch with us to find out why leading companies like Microsoft, The Coca-Cola Company Europe and QA Ltd trust us our objective, research-driven insights to generate social value. Learn more on our website: https://lnkd.in/ev3SAUTD #sustainability #sroi #socialvalue #impact #socialimpact

🌍 COP16: Shaping the future of nature and business Next month’s COP16 Colombia is the first major biodiversity summit since COP15 in 2022, where the Kunming-Montreal Global Biodiversity Framework (GBF) was adopted. 🌿 Think of the GBF as the "Paris Agreement for Nature"—which set four global goals for 2050, and 23 targets for 2030. Some key targets include protecting 30% of the Earth's ecosystems by 2030 (Target 3), and ensuring businesses and financial institutions monitor and report their biodiversity risks, dependencies and impacts (Target 15). One of the ways to achieve Target 15 is by using the framework set out by the Taskforce on Nature-related Financial Disclosures (TNFD). You’ll likely be seeing lots to do with the TNFD—let’s briefly unpack it. In a nutshell, the TNFD framework is a four-step approach known as LEAP: 🎯 Locate where your business interfaces with nature 📊 Evaluate associated impacts and dependencies ⚖ Assess the risks and opportunities 📋 Prepare to respond and report While the acronym is simple, the process requires robust data and expert knowledge. Luckily, GIST Impact has developed a solution to help businesses conduct their TNFD disclosure with location-specific, science-backed data. Follow along as we unpack what this solution looks like in practice in our next post of this series. #COP16 #Biodiversity #TNFD #NatureTech

We love good news - especially when it involves recognising the excellence of our team at GIST Impact 🌟👏 We're proud to announce that Mahima Sukhdev, SVP of Commercial Development, is a finalist in the Markets Media 2024 European Women in Finance Awards, for Excellence in Fintech. Looking forward to the Award ceremony in London tomorrow, and best of luck to the other finalists! #FinTech #WomenInFinance Women in Finance - Markets Media

Delighted to announce our partnership with QA Ltd, the UK's premier tech skills and talent provider 🎉 By combining GIST Impact’s science-backed social impact mapping tool – Power SROI – with QA’s industry-leading apprenticeship and training expertise, businesses can align workforce development with broader social, economic, and environmental goals, including mapping their impact to SDGs and the UK's Social Value Model. Together, this partnership is transforming the way businesses track and assess the real value of their training and talent initiatives – beyond profit, towards an equitable and sustainable future. We couldn't be prouder 👏 Find out about Power SROI: https://lnkd.in/ev3SAUTD More on our exciting partnership: https://lnkd.in/epg9n-WX #SocialImpact #SROI #ImpactValuation

Hello New York Climate Week 👋 🌆 🍎 Looking forward to our SVP Corporate, Sam King, presenting at Nature4Climate's Nature Hub tomorrow, alongside Wipro's VP and Global Head of Sustainability, Susan Kenniston. Their discussion will cover how Wipro has been at the forefront of impact intelligence and natural capital accounting for the past eight years with the support of GIST Impact. Hope to see you there! #NewYorkClimateWeek #NatureTech #ImpactIntelligence