Vital Capital Becomes Signatory to the Operating Principles for Impact Management09-06-2021
Vital Capital is proud to have become a signatory to the International Finance Corporation-led Operating Principles for Impact Management. The Impact Principles are an important milestone in moving the dial forward towards greater accountability, transparency, and standardization in impact investing management practices. Vital is committed to contributing our partnership to this industrywide collaboration.
Introduced in 2019, the Operating Principles for Impact Management is a leading impact framework that provides nine principles for investors to purposefully and reliably report on their impact management systems, enabling collective industry measurement and alignment. Within a year of becoming signatories to the Impact Principles, investors must publish annual public disclosure statements demonstrating how their practices align with the Principles. These documents are independently verified at regular intervals.
“Impact-focused decision-making has always been at the core of Vital’s investments, and we strongly support the Operating Principles of Impact Management’s framework for consensus in our impact management practices.” said Head of ESG and Impact Tamar Pashtan. “We look forward to this partnership and sharing our expertise in impact investing in Sub-Saharan Africa.”
Vital Capital is a member of the GIIN, WEF, and was recently identified as an Emeritus Manager in the ImpactAssets 50, reflecting its longstanding impact investing industry leadership.
Vital manages Vital Capital Fund as well as the Vital Impact Relief Facility that was initiated to help Sub-Saharan African businesses weather the Covid-19 pandemic.