All FIT investments ultimately aim to contribute to the achievement of the United Nations’ Sustainable Development Goals (SDGs), in particular goal 8 (decent work and economic growth) and 10 (reduce inequality within and among countries).
In line with the SDGs as well as the social mission of the investee and FIT, social and environmental impact indicators are carefully selected and monitored on a quarterly basis for the duration of each investment cycle.
This monitoring serves as a measurement of the direct impact of the FIT funding, particularly in terms of additional funds raised and of expanding or upscaling activities. Targets to be achieved or aspects to be strengthened are also identified.
Supporting investees in strengthening their impact measurement methodology is an essential part of the partnership, as one of FIT's objectives is to facilitate access to capital from other impact investors.