Successful impact strategies are awarded
A top-class alliance has come together to jointly support one of the most important missions of our current and future generations - the achievement of the Sustainable Development Goals (SDGs): UN Global Compact, Toniic Institute, Impact Hub Vienna, the Ban Ki-moon Centre for Global Citizens as well as the initiators Mercer and Institutional Money award the "Money 4 Change - Impact Award".
The "Money 4 Change - Impact Award" is presented in four categories to those participants who successfully integrate the 17 goals for sustainable development set by the United Nations into their business model and generate innovative impact solutions and/or approaches, effective impact strategies and/or processes for asset owners, companies and entrepreneurs. The award focuses on best practices that serve as a role model for innovative approaches and solutions with a recognizable impact.
Categories
Asset Owners
This category recognizes asset owners who already have an increased focus/adjustment to SDGs and/or are
making
increased investments in the area of Social/Climate Impact and/or take climate risks into account in the
decision-making process. An ESG process has long been established.
Corporates
This category honors corporates that use sustainable people management to help ensure that the people in the
organization are treated responsibly and can therefore act responsibly themselves. The focus is on
corporates that
consciously encourage and empower employees to initiate changes in their daily work towards sustainability.
Entrepreneurs
This category honors entrepreneurs who have put their focus on Social or Climate Impact. With their
innovative
impact solutions they support the SDGs.
Cooperation
This category honors asset owners, companies and entrepreneurs who have jointly (with at least 2 of the
categories
listed) achieved a successful implementation of one of the SDG goals or jointly implemented innovative
solutions.
Jury Members
Minimum criteria
Asset Owners/Corporates
- Membership at UNPRI and/or UNGC
- Planned membership of UNPRI and/or UNGC
- Nomination by an existing member of UNPRI/UNGC to submit the award
- Asset managers are not included in the category asset owners/corporates, due to the fact that as investment managers they represent an independent category according to the UN PRI definition.
Entrepreneurs
- The business solution must focus on social or climate impact
Process & Evaluation Criteria
In a two-stage jury process, consisting of a pre-selection of the nominees and the subsequent final selection of the award-winners, the evaluation is based on the IMP 5 dimensions, focusing on the implementation of the respective strategy/processes/solutions and the resulting impact.
Meet the Team
If you need further information please feel free to contact the Institutional-Money Team anytime.