Impact Assessment

See how our method translates into practice.

Phenix Capital Group evaluates funds on 45 criteria split into 6 themes.

Download sample report

For fund managers and institutional investors

Both impact fund managers and institutional investors can request an Impact Fund Assessment to measure the robustness of a fund’s impact proposition.

Created with investor and impact experts

Phenix Capital Group's Impact Fund Assessment was designed in close collaboration with experienced institutional asset owners and industry collaborators.

Aligned to industry best practices

Our impact fund assessment is aligned with best practices and industry standards such as the Impact Measurement Project and the Operating Principles for Impact Management.

A standardised impact due diligence report

The Impact Fund Assessment was created to support insitutional investors peform impact due diligence on funds

Design impact funds based on industry best practices

Our Impact Fund Assessment supports fund managers in structuring and launching impact funds with robust practices

Ready for further implementation

The Assessment methodology is continuosly updated based on industy practices, supporting continuous improvements of the industry

This theme assesses 'what' by evaluating the impact intention of the fund

In particular the social and environmental benefits that the fund seeks to achieve. It also looks at how this intention is reflected in the investment activities and values of the Fund Manager's organization as a whole.

This theme assesses whether the fund has a clear pathway

The assessment evaluates how the portfolio has been structured to ensure alignment with the strategy and the intention of the fund. It also looks how investees are managed to maximize positive impact.

This theme assesses the extent to which the fund assesses and records the impact created

The criteria assesses the quality, transparency and coverage of impact measurement. It also looks at the extent to which impact reporting gives a complete and contextual view of the social and environmental performance of the fund.

This theme assesses the integration of impact within the investment decision making process

It looks at how the fund allocates responsibility for impact measurement and management (IMM) and how impact is safeguarded in the organisational and incentive structures.

This theme assesses to which extent the fund identifies and mitigates risks arising from Environmental Social and Governance aspects related to the investments as well as the fund managers' own responsible investing practices.

While impact funds have a clear strategy to achieve positive impact, it is important that potential negative impacts are assessed and mitigated as well.

This theme assesses whether the fund manager, and the underlying fund, promote best practices and standardisation across the impact investing industry

The criteria incorporates whether the fund manager actively contributes to the impact investing industry, such as using standardised impact taxonomies and through the creation of tools and resources.

Receive a score and benchmark against the impact industry and peers

Phenix's impact Fund Assessment provides the fund or the investor with a scorecard and benchmark versus impact industry practices and its asset class peers. The total score is based on performance on each of the 45 criteria assessed, grouped in six impact dimensions. The criteria assess impact at the fund, investee, and fund manager level, evaluating the consistency and alignment of the impact proposition throughout the chain.

Phenix's Impact Fund Assessment allows us to demonstrate our commitment to thorough impact investing practices. The Phenix team is assessing impact funds from an institutional investor perspective. Phenix has a helicopter view on the impact market and this was useful in the discussion around the criteria. Gaining external perspectives on our performance has been insightful, and the new recommendations and resources deck was genuinely helpful. Overall, it's been a great experience with a nice, collaborative approach.

Willemijn Verloop

Founding Partner, Rubio Impact Ventures

The Impact Fund Assessment is much more than just a label; it is an extensive, in-depth framework that gives asset owners a thorough picture of the measures a fund has put in place to achieve a positive impact (...).

Louise Kooy-Henckel

Managing Director, (Former) Wellington Management

Phenix's Impact Fund Assessment helps asset owners to compare impact investment strategies and funds in a consistent way, and it sets the blueprint for asset management best practices.

Hadewych Kuiper

Managing Director, Member of the Management Board at Triodos Investment Management

The Phenix's Impact Fund Assessment is based on a real in-depth analysis of the fund`s investment strategy and not merely on the simplistic aggregation of ESG ratings of the underlying constituents. (...)

Melchior de Muralt

Managing Partner, de Pury Pictet Turrettini & Co

Request a fund assessment

Assess your strategy versus the industry practices and of your peers, engage with your investors and improve your impact strategy.

At the end of a fund evaluation, receive advice and a scorecard with the fund's final score, together with the benchmark for adequate fund comparison.