It is argued that the active pursuit of output data may distract or detract a social enterprise from its impact objectives. It is also argued that impact accounting imposes a compliance burden that acts as unnecessary overhead.
One of the more startling figures offered in the report was a stat from a recent survey by the CFA Association that discovered that 66 percent of financial advisers were unaware of impact investing. Two-thirds of the investment professionals hadn't even heard of it? C'mon.
I moved to Astoria on a February day, when the daffodils were in full bloom and the snow was on the red, red roses. I didn't need a green thumb to figure out what had been staring me in the face: These flowers were fakes.