The Tipping Point Fund on Impact Investing (“TPF”) today announced a series of grants to support public goods critical to the continued growth and fidelity of the impact investing market.

Below is more information about the grant-funded projects.

Global Impact Investing Network (GIIN) – With funding from the TPF, the GIIN will work to integrate the Operating Principles for Impact Management (or Impact Principles) into the GIIN’s operations following a transfer of the initiative from the International Finance Corporation (IFC) in November 2022. This represents the first step in laying the groundwork for the cohesion and interoperability of the Impact Principles with the GIIN’s portfolio of activities that aim to drive impact performance by providing investors with resources to manage, measure, compare, and analyze their impacts.
The ImPact – With funding from the TPF, The ImPact will produce recommendations for the field around the concept of impact-linked compensation to explore different ways to hold impact fund managers financially accountable for their impact performance. Specific outputs will include a report on best practices on impact-linked compensation, articles published in industry publications, virtual convenings among key market actors, and interviews with both GPs and LPs that already use some form of impact-linked compensation.
ShareAction – With funding from the TPF, ShareAction will work to engage investors and shape the upcoming International Sustainability Standards Board (ISSB) corporate reporting standards on social and human capital topics to ensure they reflect leading practice for company disclosures about their workforce risks and impacts, to promote decent work. The work will be carried out by ShareAction’s Workforce Disclosure Initiative (WDI) and its Investor Coalition, which collectively oversees more than $10 trillion in assets under management.
Shift – With funding from the TPF, Shift will provide research and analysis regarding the essential characteristics of high quality social or “S” indicators and metrics for use in corporate reporting and ESG analysis across markets. The project has the potential to drive the market towards more consistent disclosure of comparable, meaningful, and robust “S” data from companies and investors.
Wharton – With funding from the TPF, the ESG Initiative at the Wharton school will lead a convening of business school leaders who seek system-level change by harnessing the power of business research and education to address urgent sustainability challenges. Among other goals, the effort will seek to change current business-school research and pedagogy to embrace a broader understanding of a more sustainable long-term multi-stakeholder capitalism. The convening will seek to develop a working agenda of collaboration among the schools that would engage asset owners, philanthropists and corporate foundations.

The TPF provides grants in two core areas: Public Policy (i.e., work related to policy development, advocacy, and implementation) and Data, Metrics, and Measurement (i.e., work related to impact measurement, management, standardization, and data interoperability).

About the Tipping Point Fund on Impact Investing

The Tipping Point Fund on Impact Investing (TPF) is a donor collaborative developed with the mission of creating and supporting public goods critical to the continued growth and fidelity of the impact investing market. The funding provided by the TPF will build on existing field building efforts by prioritizing the areas that are chronically underfunded, are best suited for collective action, and require additional support beyond that provided by individual grantmakers. Learn more at www.tpfii.org.