Socialsuite launches pivotal Impact Investing Solution
Published 01-OCT-2018 13:11 P.M.
2 minute read
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Socialsuite has announced the launch of its Impact Investing Solution aligned with the United Nations (UN) Sustainable Development Goals (SDG).
The global leader in impact measurement software will allow banks, superannuation/pension funds, foundations, governments and impact investors to measure and report the impact of their investments against the UN SDGs.
After extensive consultation with the sector, Socialsuite identified a pivotal niche in the market for a platform that allows organisations to track their investment frameworks against globally renowned standards such as the UN SDGs.
Socialsuite’s solution will not only enable organisations to map their investments against relevant SDGs, but provide a data collection point that will allow organisations to define and collect data for their SDG metrics. From this process, organisations will generate intuitive dashboards and reports that showcase the size of impact against each SDG area.
Impact investing growth is fuelled by a generational shift where individuals and organisations are now looking to generate a measurable, beneficial social and/or environmental impact alongside a financial return. The Global Impact Investing Network (GIIN), a New York-based NGO, records US$230 billion of such investments outstanding globally, with an average size of US$3 million.
Socialsuite CEO Brad Gurrie commented on the development, “Our vision is a future where organisations use technology to report impact as effectively as financial performance. We see the launch of the impact investing solution as an important step in our vision.”
Socialsuite is the global leader in Impact Measurement Software, with customers in Australia, the United Kingdom and North America. Socialsuite’s Software as a Service (SaaS) solution is powering the impact revolution.
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