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Impact Measurement and Management for Sustainable Development Goals

Welcome to Impact Measurement and Management for SDGs


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Welcome to the Impact Measurement and Management for SDGs course. My name is Cathy
Clark, and I teach impact finance and entrepreneurship at Duke University’s Fuqua School of
Business. I have worked as a professional investor, in philanthropy, and on policy. Through
this journey, I’ve been interested in how business and finance can be used to make the world a
better place. I, along with the team at CASE, am thrilled to bring this course to you.

WHY THIS COURSE


We designed this training because EVERY business and EVERY investor has impact on people’s
lives and the planet – both positive and negative, intended and unintended impacts. That’s a
fact. It’s also true that most businesses and investors don’t yet know what those impacts are.

A key way to contribute to sustainable development is to know what kind of impact you WANT
to have, how to MEASURE the impact you actually have, and how to MANAGE for improvement
over time.

That brings us to the purpose of this course: to teach you how to apply Impact
Measurement and Management for the SDGs. Let’s take a moment to define these terms.

DEFINITIONS
The SDGs are a set of 17 global
goals intended to achieve a
better and more sustainable
future for all. The SDGs were
designed by the United Nations
and over 190 countries have
signed on to work towards
achieving them by 2031. You
could say they are a global “to-
do list” for achieving sustainable
development.

They’ve been an effective call to action for many in the private sector, including corporations,
pension funds, investment funds, and small enterprises. It’s currently estimated that achieving
the SDGs will require an additional $2.5 trillion of funding annually.

Knowing whether or not we’re on track to achieving the SDGs requires robust practices around
Impact Measurement and Management (or IMM). These are the practices that help your
organization make informed decisions about how to improve the well-being of people and
planet you influence.

This training specifically focuses on the IMM practices you want to undertake to optimize your
impact on the Sustainable Development Goals (or SDGs) – although you could use these same
concepts to align with any impact goal you might have.

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We are excited to partner with the United Nations
Development Programme (or UNDP), to present this
course. SDG Impact, which is an initiative under the
UNDP, has created new practice and governance standards for private sector impact
on SDGs. This course will show you how to align your practices with those standards
and other major impact standards.

WHO THIS COURSE IS FOR


You might be here today because you want to align with standards like those created by the
UN. Or you might simply want to know the impacts your organization is having on its key
stakeholders. You might be interested or engaged in impact investing or sustainable finance.
You might be managing a small business or a major multinational corporation - and wanting to
better track and improve your impact on people and the planet. Regardless of where you sit or
your background, this course is for you if you are interested in using business and finance to
contribute to sustainable, equitable development.

So what may get in the way of you doing that? Well, the plethora of measurement standards
and reporting frameworks can make this a daunting task. It may seem overwhelming to try to
figure out how to measure and manage your impact. Or to figure out exactly what to integrate
into your practices and how. To choose the tool that is right for you. To figure out where to
start or what to do next.

Don’t worry, this course is designed to help you get past those barriers. We’ve distilled decades
of thinking and research on this topic into four universal steps you can take to improve your
impact management practices, no matter where you’re starting off – whether you are just
dipping a toe in the water and need to start with Step 1, or you’ve already waded out into the
impact measurement and management pool and are looking for ways to improve your swim
stroke.

As you’ll see, this training is for both enterprise and investor audiences. Enterprises and
investors have different roles to play when it comes to managing sustainable development, but
they play best together when they’re aligned and appreciative of each other's goals and
constraints.

LEARNING OBJECTIVES
The course will equip you with the knowledge and skills to:
● Understand and apply the universal 4-step process to measuring and managing impact,
● Align your work with the UN SDG Impact Standards.
● Share your progress, in ways that others trust, and
● Be recognized and rewarded for the impact you contribute.

Ready? Let’s get started by introducing you to the 4 universal steps of impact measurement and
management!

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BROUGHT TO YOU BY: WRITTEN & PRODUCED BY:

© United Nations3Development Programme

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