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BlueMark Practice Leaderboard

Spotlighting market leaders to push the impact investing industry forward.

Introducing BlueMark’s Practice Leaderboard

Collaboration and continuous learning are core tenets of the impact investing industry. In that spirit, BlueMark is committed to spotlighting industry leaders to make it easier for market actors to assess top performers and identify areas for improvement.

The “Practice Leaderboard” was first introduced by BlueMark in early 2022 as a way to highlight impact investors with best-in-class impact management practices. To earn a spot on the Leaderboard, verified investors must receive top quartile ratings across all the Impact Principles—an established framework for best practices in impact management—in the benchmark for that year. Learn more about the Practice Benchmark and our methodology for the Leaderboard below.

 

BlueMark Practice Leaderboard

The inaugural edition of the Practice Leaderboard was introduced in BlueMark’s third annual Making the Mark report on best practices in impact management. The Leaderboard was updated again in BlueMark’s 2023 Making the Mark report. Click on each investor name to download their most recent verification statement.

AgDevCo
VERIFIED June 2021 ASSET CLASS Private Equity, Private Debt IMPACT THEMES
  • Sustainable Agriculture

Verification commissioned by asset allocator and therefore verifier statement is not publicly available.

BlueOrchard
VERIFIED Feb. 2024 ASSET CLASS Private and Public Debt, Private Equity, Real Assets IMPACT THEMES
  • Multi-theme
Bain Capital Double Impact
VERIFIED April 2023 ASSET CLASS Private Equity IMPACT THEMES
  • Health & Wellness
  • Education & Workforce Development
  • Sustainability
Blue Earth Capital
VERIFIED Feb. 2023 ASSET CLASS Private Equity, Private Debt, Funds IMPACT THEMES
  • Multi-theme
British International Investment
VERIFIED June 2022 ASSET CLASS Private Equity, Private Debt, Funds IMPACT THEMES
  • Productive, Sustainable and Inclusive
Calvert Impact Capital
VERIFIED April 2023 ASSET CLASS Private Debt IMPACT THEMES
  • Access to Community Service
  • Financial Inclusion
  • Climate Change
Finance in Motion
VERIFIED Oct. 2023 ASSET CLASS Private and Public Debt, Private Equity IMPACT THEMES
  • Green Economy
  • Climate Finance
  • Entrepreneurship & Livelihoods
  • Financial Inclusion
LeapFrog Investments
VERIFIED Jan. 2023 ASSET CLASS Private Equity IMPACT THEMES
  • Financial Inclusion
  • Healthcare
  • Climate Solutions
Nuveen (Private Equity Impact)
VERIFIED June 2022 ASSET CLASS Private Equity IMPACT THEMES
  • Resource Efficiency
  • Inclusive Growth
Nuveen (Fixed Income Impact)
VERIFIED June 2022 ASSET CLASS Public Debt IMPACT THEMES
  • Affordable Housing
  • Community & Economic Development
  • Renewable Energy & Climate Change
  • Natural Resources
Schroders
VERIFIED Sept. 2023 ASSET CLASS Private Equity, Public Equity, Public Debt, Private Debt, Infrastructure, Real Estate, Funds IMPACT THEMES
  • Environment
  • Health & Wellness
  • Inclusion
  • Responsible Production and Consumption
  • Sustainable Infrastructure
Trill Impact
VERIFIED Jan. 2022 ASSET CLASS Private Equity, Private Debt IMPACT THEMES
  • Multi-theme (SDG-aligned impact)

Methodology

To earn a place on the 2023 edition of the Practice Leaderboard, verified investors must have received an Advanced score on Principles 1, 4, and 5, and a score of High or above on Principles 2, 3, 6, 7, and 8. This reflects the top quartile scores in the 2023 version of the Practice Benchmark.

The Leaderboard will be updated annually, meaning that BlueMark will refresh the list of “Practice Leaders” based on those impact investors that meet the criteria against the updated Benchmark each year.

Only impact investors that have been verified within the previous two years will be eligible for each year’s Leaderboard to ensure that Leaders are continuously reassessed against the current state of the market amid evolving peer practices.

Please contact us at [email protected] with any questions about the Practice Leaderboard or our methodology.

 

BlueMark Practice Benchmark

The Practice Benchmark, which categorizes practice trends by quartile, is designed as a tool for investors who want to compare themselves to their peers and to learn from others in the market. The quartiles include:

LEADING PRACTICE represents the top quartile of our sample (75th percentile and above). Leading practice incorporates all of the core elements of impact management, as well as several leading-edge practices that may go above and beyond the requirements of the Impact Principles.
MEDIAN PRACTICE reflects the impact management practices of the median impact investor in our sample (50th percentile). The Practice Median represents the current standard and incorporates many of the core elements of impact management.
LEARNING PRACTICE represents the bottom quartile of our sample (25th percentile and below). These investors may have good intentions, but lack many core practices necessary to effectively manage positive impact. Many are early in their impact investing journeys, while others have yet to embed impact considerations at key stages of the investment process.

2023 Practice Benchmark

BlueMark ratings of investor alignment with the Impact Principles*

LEARNING
PRACTICE

represents the bottom quartile of our sample (25th percentile and below)

MEDIAN

Median Practice reflects the impact management practices of the median impact investor in our sample (50th percentile).

LEADING
PRACTICE

Leading Practice represents the top quartile of our sample (75th percentile and above).

Principles Principle 1 Impact objectives Principle 2 Impact management Principle 3 Investor contribution Principle 4 Impact screening Principle 5 ESG risk management Principle 6 Impact monitoring Principle 7 Impact at exit Principle 8 Impact review
LOW
MODERATE
HIGH
ADVANCED

*Data as of May 2023. Sample representing 84 practice verifications.