Measuring impact performance

If entrepreneurs and investors choose to measure and report on impact metrics specific to the company, they will need to consider whether to develop completely customized metrics or to use standardized frameworks. The parties may also want to think about whether an independent audit of impact performance would be desirable. In addition to, or in lieu of, measuring and reporting on company-specific impact metrics, the parties may choose to evaluate and/or certify general social and environmental performance against third party standards.