Kate Ruff is Co-Director at Carleton Centre for Community Innovation (3ci) and an Assistant Professor of Accounting at the Sprott School of Business at Carleton University. She researches how organizations measure and report their impacts on society. Her research has won international awards. She is recognized for her work on standard setting in the social impact arena. She has a MSc from the London School of Economics and a PhD from the Schulich School of Business at York University. She serves on the boards of Social Value Canada and Social Value International. She sits on the UN SDG Impact Investment Fund Research Council. At present, Kate is leading a pilot study of a Common Approach to Impact Measurement for Social Enterprises, linking flexible organizational-level indicators to the global Sustainable Development Goals (SDGs).
Impact measurement for impact investing: what is possible, what is not and what you can do
The success of impact investing is predicated on the ability to measure impact. Investors need to know if impact was achieved, and if so, how much. Investors want this information in simple, standardized numbers. Is such a thing possible? Reflecting on evaluation and performance measurement know-how that has long been prevalent in the sector for nonprofit sector, and on new and recent innovations, this talk will review what is possible, what is not, and what social sector can reasonably do today. Along the way we will touch on lessons from history (Impact measurement standards from 1905) and the present (Hogwarts Sorting Hat) to make sense of this crazy impact measurement world.