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When More Data Is Not Enough: The Unfinished Challenge of Impact Investing

Over the past decade, impact investing has made significant progress in the field of impact measurement. Today, it is difficult to find a fund or impact-oriented organisation that does not refer to recognised frameworks such as IRIS+, IMP, OPIM, or SDGs. These standards have contributed to professionalising the sector, creating a common language, and increasing the credibility of reported information.

Why Social Purpose Entities Need Better Impact Infrastructure

Social Purpose Entities increasingly recognise impact measurement as a strategic necessity, yet most still lack accessible and proportionate tools to do it effectively. Based on findings from the ADALTIM Market Needs Assessment, this article explores the structural barriers organisations face, the growing disconnect between investors and impact-driven organisations, and why building better impact infrastructure is essential for the future of the social economy.

Enabling impact culture: how organisations move from intention to transformation

In the growing debate around social impact, much of the conversation focuses on measurement standards: metrics, KPIs, and rating systems are indispensable for tracking the effectiveness of an intervention. Yet, data alone is not enough to trigger deep, lasting transformation.

The Missing Infrastructure of Impact Measurement

Over the past decade, impact investing has moved from the margins of finance into a rapidly growing global investment movement. Institutional investors, foundations, and asset managers increasingly seek not only financial returns, but also generate measurable social and environmental outcomes (Hockerts et al., 2022; GIIN, 2024; OECD, 2024).

Impact Measurement and Management in the AI Era

In recent years, companies and investors have faced growing pressure to demonstrate not only financial performance but also their social and environmental impact. From regulators to stakeholders, the focus has shifted from disclosure to accountability, asking not just what companies report, but what they actually change in the world. 

ADALTIM: A New Standard for Impact Measurement in Europe

Measuring social impact remains one of the biggest unresolved challenges for the social economy and the impact investing sector. Without shared, reliable, and transparent data, impact risks remaining a promise rather than a driver of real transformation.