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WELCOME TO THE SOCIAL IMPACT MEASUREMENT (SIM) TIG

Photo Source: Harji, K. and E. T. Jackson, Accelerating Impact: Achievements, Challenges and What's Next in Building the Impact Investing Industry. The Rockefeller Foundation, New York, 2012. 

The Social Impact Measurement TIG was launched in 2016 at Impact Convergence, the pre-conference to AEA's Annual Conference in Atlanta. Its purpose is to:

  1. Contribute to greater awareness and knowledge sharing amongst the conventional evaluation sector and market actors interested in evaluating impact of their work about the tools and approaches used by each;
  2. Develop and/or adapt of appropriate tools, methods and approaches for innovative finance and market based models; and
  3. Strengthen the evaluative capacity of individuals and organizations to assess and evaluate the outcomes and impact for this emerging and growing area.
During the groups first Business Meeting in October 2016, the following list of activities was prioritized for the TIGs first year:

  1. Build foundation for the TIG
  2. Share background resources and relevant articles on TIG website
  3. Explore how TIG can be more visible to AEA Community
  4. Consider formal and informal partnership
Please stay tuned as the group continues evolving!

ANNOUNCEMENTS

The SIM TIG recently hosted an online follow up strategy session for all TIG members, December 4, 2017. This session captured ideas from members about what the TIG should accomplish in 2018. Notes will be posted ASAP (as soon as the Webmaster figures out how to update the resources tab).

In 2017, several TIG members attended the Global Investors Forum (GIF) in Amsterdam where an impact measurement and evaluation strand was prioritized. This event, hosted by the Global Impact Investing Network (GIIN), brought together the investing community from both the US and European markets. The measurement panels were focused on elevating the many messages that have emerged from previous related discussions, such as moving beyond metrics, advancing the evidence base and avoiding “impact washing.” Several AEA members also attended including: Julia Coffman, Karim Harji, Jane Reisman, John Gargani and Veronica Olazabal as well as Jeremy Nichols from Social Value International (SVI).

 
The GIF was followed by a closed discussion organized by the World Economic Forum (WEF). The WEF is exploring the topic of accelerating impact measurement and management as part of their 2017 work. There was also a meeting held in December at Wilton Park which featured a paper by Bob Picciotto. One of the areas of alignment that seems to be emerging is around the Sustainable Development Goals (SDGs). We will keep you updated on how these discussions go.