For years, impact investing has been guided by a simple, powerful idea: do good while doing well. But as the field matures, a harder question is emerging – good for whom?
A project can reduce emissions, create jobs, or expand access to services, and still leave some communities worse off than others. Impact Frontiers, steward of the Impact Management Project's reporting norms, has responded by adding a tenth category to its Five Dimensions of Impact framework: inequity risk. It's a small addition with big implications – a signal that positive outcomes on paper don't always mean fair outcomes on the ground, and that ESG practitioners and investors need better tools to see the difference.
Visit our Holtara website to read the full article From positive to fair: the case for adding ‘inequity risk’ to the Five Dimensions of Impact framework
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