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Our Purpose

Read our full vision paper here.

Many recognize the need to reconstruct the economy in a way that can bring prosperity to all, now and in the future, by simultaneously generating material wealth, health and conserving nature. Until now, this reconstruction captured the need to transform the economy to address key long term challenges – hunger, poverty, inequality – and avert long term crises – including climate change and biodiversity loss.

Before COVID-19, reconstruction was important and urgent but still optional. The COVID-19 pandemic has left the economy so damaged, that it needs to be reconstructed with massive government intervention. In addition, it shows the need for an economy that is much more resilient in the face of the accumulating crises we already face and the new challenges the 21st century will bring.

We believe the answer lies in realizing an impact economy, a market economy that provides the values, information and incentives that optimize the common good and enables people to pursue their own preferences, ideas and projects to satisfy their needs and have a positive impact on society.

A fast rising number of social enterprises, impact investors and traditional businesses that are paying attention to their impact on society and aim to use their business models and investment for the common good. The challenge is how to upscale existing practices and movements to a systemic level. To realize the impact economy, we need to broaden the group of businesses that aim to realise impact and deepen the integration of impact into businesses. This requires developing the enabling institutions:

  • A culture that provides shared purpose and values of an impact economy
  • A cohesive architecture for the impact economy
  • Universal and standardised measurement, valuation and reporting of impact
  • Availability of high quality and preferable real-time information and data on impact at low cost
  • Government regulation and policies that require transparency and incentivize positive impact

The COVID-19 pandemic is a human tragedy in terms of lives lost, destroyed and diminished that nobody has wanted. Given that is has happened, we should use this window for change to rise from the ashes wiser and stronger, as a Phoenix. We invite you to join us in building an impact economy.

Global Community

Realizing the impact economy requires developing the required foundations, standards and professions. Such an ambitious agenda starts with people and therefore we aim to enable the realization of an impact economy by creating a global community of impact professionals who can develop these building blocks.

Our envisioned five year agenda (2020-2025) is about achieving five key goals:

  1. Bring together a community of leaders from all sectors to shape the impact economy
  2. Design the foundations of the impact economy
  3. Develop concrete regulatory and policy proposals for the impact economy
  4. Incubate a standard for impact statements
  5. Incubate a global community of impact professionals

Establishing a global community of impact professionals

The Round Table on Measuring and Steering on Long-term Value was the first step towards creating a global community of impact professionals.

The Caux Round Table on Moral Capitalism, ABN AMRO and Impact Institute brought together leading decision-makers and thinkers in the Netherlands to see how businesses can create more long-term value for society. Topics discussed included the creation of transparency around impact, the SDGs, the harmonization of methods, the need for new modes of governance and the role of people in an impact oriented economy.

Recap video: Round Table on Measuring and Steering on Long-term Value

Our Board of Recommendation

We’re currently setting up the Impact Economy Foundation Board of Recommendation which represents key decisions-makers and representatives of stakeholders.

Teresa Fogelberg

Jan Peter Balkenende

Steve Young

Alexander Rinnooy Kan

Herman Wijffels

Corien Wortmann-Kool

Our Academic Council

We’re currently setting up the Impact Economy Foundation Academic Council which key representatives working in academia.

Dirk Schoenmaker

Dick de Waard

Our Board

Herman Mulder
Chairman of Board
Jan Truijens Martinez
Secretary
Charles Evers
Treasurer
Dirk Schoenmaker
Board Member
Adrian de Groot Ruiz
Board Member
Michel Scholte
Board Member

Join Our Mission

The community of impact professionals will be interdisciplinary. Some will be dedicated impact specialists, while many will be impact generalists whose core responsibilities will lie in strategy, finance, reporting, accountancy, marketing and R&D. Impact professionals will hail from business, finance, government, civil society and academia.

We want to align with like-minded initiatives. There is also a fertile ecosystem of existing organizations working on an aspect of impact, such as reporting, impact investing, and impact measurement.

Help us shape this community by joining our round tables to shape the strategy of IEF.

Individuals can support IEF in the following ways:

  • As a Member of the Advisory BoardGives advise to IEF’s board in this phase
  • As a Council Member. Express willingness to join one of the prospective working groups and councils, e.g. giving advice on IEFs open source work from a professional capacity.
  • As a FellowExpress your support and willingness to join our community-in-development

Organizations can work together with IEF in the following ways:

  • As a Founding PartnerHelp set up the community.
  • As a Strategic Alliance. Working together on strategy, lobby and funding
  • As an EndorserExpress your support.
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RECENT PUBLICATIONS

Statement EU Consultation on revision of NFRD

Accelerating the transition to an Impact Economy with the Next Gen NFRD. Click here to read our statement and full consultation document.

Vision Paper Impact Economy Foundation

We want to reconstruct the economy for the 21st century. Click here to read our vision paper.

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