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Our initial reaction was likely not, but after the recent OECD Global Action Summit on advancing the Social and Solidarity Economy, we’re optimistic. We had the chance to attend and speak at the conference, particularly on a panel about the importance of impact measurement and results based financing.

There have been countless articles in the last few months detailing the many failings of ESG. Perhaps the industry should consider using rigorously quantified, independently verified and valued social impacts as both more credible performance markers and valuable assets.