Attending the ANDE Metrics Conference

By Beth Busenhart

As a Project Manager here at Altvia I have the pleasure of working with clients in the Impact Investing Space to implement AIM and PULSE. On June 20 and 21st, I had the added bonus of attending the ANDE Metrics Conference in Washington, DC. For two action packed days I was exposed to some of the most innovative thinking in the industry around tracking and measuring social impact. Those new to the space might be asking “What is Social Impact?” The answer is, “That is a good question!” and one that was explored in great detail at the conference. At a very high level, Social Impact is the result of the mission driven work that Foundations, NGOs, and non-profit organizations are doing in the world. Our partners at the Global Impact Investing Network (GIIN) are dedicated to providing more concrete answers to this question through the development and propagation of the IRIS Taxonomy. A more important question is “How do we measure and benchmark Social Impact?” This was the underlying theme of the conference.

It was striking to participate with such a diverse group of people in getting excited about metrics and measurement. We were talking about data for two days straight and engagement remained high. One of the highlights of the conference was the release of the Global Impact Investing Network’s (GIIN) first IRIS Report. I can now imagine how excited the accounting profession must have been when GAAP was introduced. Now there’s a sentiment I never expected to express! Eyes lit up as the potential of sharing data and benchmarking the progress of an investment against a concrete set of indicators was unveiled. I am thrilled with the potential in this space and very excited to be working with this bright and motivated community.

As a service provider working with Alternative Asset Investors, I am a firm believer in the role that accessible technology plays in the development of Impact Investments as a distinct asset class. Imagine the possibilities in providing concrete evidence that social benefit and financial gain are not mutually exclusive returns on capital. The value proposition is high. As an industry that believes in collaboration and transparency, we are working together to lower the barriers to entry for others to join the movement.

By Beth Busenhart

As a Project Manager here at Altvia I have the pleasure of working with clients in the Impact Investing Space to implement AIM and PULSE. On June 20 and 21st, I had the added bonus of attending the ANDE Metrics Conference in Washington, DC. For two action packed days I was exposed to some of the most innovative thinking in the industry around tracking and measuring social impact. Those new to the space might be asking “What is Social Impact?” The answer is, “That is a good question!” and one that was explored in great detail at the conference. At a very high level, Social Impact is the result of the mission driven work that Foundations, NGOs, and non-profit organizations are doing in the world. Our partners at the Global Impact Investing Network (GIIN) are dedicated to providing more concrete answers to this question through the development and propagation of the IRIS Taxonomy. A more important question is “How do we measure and benchmark Social Impact?” This was the underlying theme of the conference.

It was striking to participate with such a diverse group of people in getting excited about metrics and measurement. We were talking about data for two days straight and engagement remained high. One of the highlights of the conference was the release of the Global Impact Investing Network’s (GIIN) first IRIS Report. I can now imagine how excited the accounting profession must have been when GAAP was introduced. Now there’s a sentiment I never expected to express! Eyes lit up as the potential of sharing data and benchmarking the progress of an investment against a concrete set of indicators was unveiled. I am thrilled with the potential in this space and very excited to be working with this bright and motivated community.

As a service provider working with Alternative Asset Investors, I am a firm believer in the role that accessible technology plays in the development of Impact Investments as a distinct asset class. Imagine the possibilities in providing concrete evidence that social benefit and financial gain are not mutually exclusive returns on capital. The value proposition is high. As an industry that believes in collaboration and transparency, we are working together to lower the barriers to entry for others to join the movement.