TY - GEN

T1 - Six Essential Dimensions for Impact Investing

AU - Hockerts, Kai

AU - Hehenberger, Lisa

AU - Schaltegger, Stefan

PY - 2023/6

Y1 - 2023/6

N2 - Impact Investing aims to generate social and environmental impact alongside financial returns. However, the exact definition and the concept itself are not always clear, which affects the use and potential of impact investing. In this article, the authors provide a way to understand the concept of impact investing and introduce critical questions to facilitate discussions regarding wheter a case can be described as impact investing. The article presents an approach to understanding impact investing via six dimensions, examing its implementation , and raising key questions. The six dimensions are intentionality, additionality, contribution, materiality, measurability and attribution. Practitioners can use these dimensions to describe different sub-clusters of how the term "impact investing" is used in research and practice.

AB - Impact Investing aims to generate social and environmental impact alongside financial returns. However, the exact definition and the concept itself are not always clear, which affects the use and potential of impact investing. In this article, the authors provide a way to understand the concept of impact investing and introduce critical questions to facilitate discussions regarding wheter a case can be described as impact investing. The article presents an approach to understanding impact investing via six dimensions, examing its implementation , and raising key questions. The six dimensions are intentionality, additionality, contribution, materiality, measurability and attribution. Practitioners can use these dimensions to describe different sub-clusters of how the term "impact investing" is used in research and practice.

UR - https://ernop.eu/wp-content/uploads/2023/06/2023.16-Hehenberger3.pdf

M3 - Articles in scientific forums or blogs

T3 - The ERNOP Research Notes for Philantrophy Practitioners

ER -