Joint Impact Model is a non-profit platform that provides financial institutions with tools to calculate financed emissions, assess climate risk, and measure economic impacts, including indirect job support. By aligning with industry standards such as ISSB S2 and PCAF, it enhances transparency and accountability in sustainable finance, particularly in developing countries.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions often lack standardized, accessible tools to accurately measure the environmental and social impact of their investments, particularly in developing countries. This makes it difficult to assess financed emissions, evaluate climate-related risks, and quantify the broader economic effects of investment portfolios. The absence of consistent methodologies hinders transparency and limits the ability to direct capital towards sustainable development.
Solution
The Joint Impact Model (JIM) provides a non-profit platform that enables financial institutions to measure and disclose the environmental, social, and climate-related impacts of their portfolios. The JIM toolkit allows users to calculate financed greenhouse gas (GHG) emissions, assess climate risk across multiple physical hazards, and quantify economic value added and indirect jobs supported. Aligned with industry standards such as ISSB S2, EU SFDR, and PCAF, the platform promotes transparency and accountability in sustainable finance, with a particular focus on unlocking sustainable finance in developing countries. The JIM aims to standardize impact modeling methodology, offering unified indicators, reporting standards, and implementation tools on a non-profit basis.
Target Audience
The primary users are financial institutions, including bilateral and multilateral development banks, international finance institutions, asset managers, and commercial banks, particularly those with portfolios in developing countries.
Features
- Calculation of financed greenhouse gas (GHG) emissions aligned with industry standards (ISSB S2, EU SFDR, PCAF)
- Assessment of portfolio climate risk across multiple physical hazards
- Quantification of economic value added and indirect jobs supported by investments
- Secure and user-friendly interface for data input and analysis
- Standardized impact modeling methodology for consistent reporting
- Alignment with industry standards to enhance transparency and comparability