Market building
We’re building up the social finance market so that it is strong and vibrant, with diverse participants who have the many networks, lived experience, knowledge and abilities needed to find, foster and invest in solutions that accelerate social equity and support sustainable development throughout Canada’s towns and cities.
In addition to managing Realize Fund I, we will be building up the social finance market in two key ways.
Impact Data Standard
In collaboration with all managers and through a partnership with Common Approach to Impact Measurement, we’ll help to implement the Common Impact Data Standard for all Social Finance Fund participants. This will support easier sharing of impact measurement and improved reporting.
- The Common Impact Data Standard will provide investors with a clear understanding of the outcomes and impact achieved by investments
- A flexible, shareable approach to collecting critical data will ensure we all better understand the distribution of capital to equity-deserving communities
- Education and capacity building will facilitate adoption by the broader impact investing sector
New Fund Managers
Through a program of intentional outreach and targeted assistance, we’ll be working to uncover opportunities in traditionally underserved communities in order to build a more diverse set of fund managers across Canada.
“Impact measurement is key component of market building. Impact data is foundational to a strong social finance ecosystem. Data that is trustworthy, reliable and relevant to decision-makers will build investor confidence in the sector, ensuring it can thrive.
At Common Approach, we believe that impact measurement will be improved by centering the needs of social purpose organizations and empowering them to measure what matters most to them. When data flows from the bottom up, rather than being imposed from the top down, it becomes more trustworthy and reliable. The measurement approach must work for the world views of all Canadians including Anglo-western outcomes-focused measures, Indigenous methodologies, and Social and Solidarity economy approaches.”
– Read more in their blog
Norme sur les données d’impact
En collaboration avec tous les grossistes et dans le cadre d’un partenariat avec l’Approche commune de la mesure d’impact, nous contribuerons à la mise en œuvre des données d’impact communes pour les participants au Fonds de finance sociale. Cela facilitera le partage des mesures d’impact et améliorera les rapports.
- La Norme commune des données d’impact permettra aux investisseurs de comprendre clairement les résultats et l’impact des investissements.
- Une approche à la fois flexible et partageable de la collecte de données critiques nous permettra à tous de mieux comprendre la distribution des capitaux aux communautés méritant d’être financées par des fonds propres.
- L’éducation et le renforcement des capacités faciliteront l’adoption par le secteur de l’investissement d’impact au sens large.
Nouveaux intermédiaires
Grâce à un programme de sensibilisation et d’assistance ciblée, nous nous efforcerons de découvrir des opportunités dans les communautés traditionnellement mal desservies afin de créer un ensemble plus diversifié d’intermédiaires de finance sociale à travers le Canada.
“L’approche de mesure du Fonds doit tenir compte de l’opinion mondiale de toutes les personnes canadiennes, y compris les mesures axées sur les résultats à l’échelle anglo-occidentale, les méthodologies autochtones et les approches de l’économie sociale et solidaire.“
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