Impact Measurement
We measure not just to track progress, but to guide decisions, assess additionality, and ensure every investment generates outcomes that are as verifiable as our financial results.
Our IMM Approach
We integrate impact measurement and management (IMM) across the entire investment cycle, using a structured methodology that maximizes learning, accountability, and long-term value creation.
Our Goal
Our goal is to capture the transformation we aim to achieve, both for the businesses we invest in and for the people, communities, and environments they serve.
Our integrated system
Our integrated system combines risk analysis, ESG criteria, and impact objectives to assess the eligibility and alignment of each company.
This approach ensures that our impact management is integrated, rigorous, and responsive, and a core part of how we invest.
This approach ensures that our impact management is integrated, rigorous, and responsive, and a core part of how we invest.
We focus on 4 core elements:
Transformational Due Diligence
Before investing, we assess not just risk and return, but also the company’s capacity to generate meaningful, measurable outcomes.
Custom Theory of Change
Co-developed with each company to define expected outputs, outcomes, risks, and long-term links.
Custom Impact Key Performance Indicators
Aligned with each company’s Theory of Change, contractually included, monitored regularly.
Ongoing monitoring and dialogue for continuous improvement
Investment teams actively engaged with each company, reviewing results, spotting trends, and developing action plans that improve impact, mitigate risks, and scale what works.
A unified method
to evaluate impact
To ensure consistency and comparability, GSI has developed a proprietary impact scoring tool that combines the highest international standards with a framework designed to go beyond compliance and truly manage for impact.
This tool allows us to assess both the expected and actual impact of each investment using a defined set of weighted criteria.
Key dimensions assessed
Adapted to each fund’s context but unified in methodology, our tool informs decision-making, improvement strategies, and capital allocation, driving continuous learning and action across the portfolio.
01
Reach and
depth of impact
02
Vulnerability
level of target groups
03
Environmental outcomes and climate contributions
04
Advancement
of inclusivegrowth
Standards and alignment
Our measurement and reporting practices are aligned with key industry standards
IRIS+
for indicator taxonomy and impact categories
Impact Management Project (IMP)
providing a shared logic for assessing impact
Operating Principles for Impact Management
providing a shared logic for assessing impact
SDGs
mapped at outcome level
2X Challenge
mapped at outcome level
Transparency and reporting
We publish detailed annual reports with aggregated results by strategy. Each report includes outcome metrics, selected case studies, and portfolio-wide analysis.
