2021 ANNUAL MEETING:  8 – 9TH  DECEMBER

Platform for common impact management approaches, and knowledge sharing

Virtual Meeting: Webex

Background:

The 2020 HIPSO Annual meeting provided an opportunity for members to share ideas on how HIPSO could explore opportunities as a robust platform for common impact management approaches, and knowledge sharing.

Some of these opportunities include enhancing the scope of work of the HIPSO Work Streams as a community of practice that goes beyond metrics development to include activities that focus on: (i) sharing knowledge around  common impact reporting approaches and tools to improve the efficiency of collecting and reporting data from our clients/investees; (ii) tapping into the knowledge from sector/thematic area experts to enhance the robustness of products delivered by the streams (iii) learning from data collected from our clients to enable the continuous fine-tuning of the indicators; and (iv) impact management thought leadership.

It was also agreed that HIPSO would partner with other private sector players for example impact investors to cross-fertilize and learn from each other around metrics development and impact management frameworks.  HIPSO would also partner with other standard setting initiatives for enhanced convergence towards common impact metrics and underlying methodologies.

HIPSO’s activities for 2021 also included the setting up of other work streams - health and education and agribusiness, to revisit and enhance the current HIPSO indicator sets for these sectors.

Objective of the meeting:

On Day 1, the objective is to engage in dialogue to cross-fertilize and exchange knowledge with a wider audience beyond the HIPSO members. This year’s discussions would therefore provide overviews of other standard setting partner initiatives, and impact investors activities around impact management. Additionally, there would be discussions around the current HIPSO metrics architecture, and an overview of the position paper for measuring development investment outcomes for impact investing.

On Day 2, a panel discussion would take place in regards to enhancing and maximizing the role of HIPSO as a platform for common impact measurement approaches, and knowledge sharing.

Also, on Day 2 HIPSO members would discuss topical issues around results management approaches and tools stemming from the Work Streams’ activities, to include: approaches and tools for measuring climate and environment impacts; collecting and utilizing gender disaggregated data from financial intermediaries; intricacies of impact management for job quality and indirect jobs; digitalization trends during COVID-19 and beyond. Additionally, on Day 2, an overview of the HIPSO collaboration space and SDG dashboard would be provided.