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Allocation and Impact Reporting SOCIAL BONDS2022FEBRUARY 2024Contents 1Undic, an Economic and Social Buffer32Undics Social Bond Issuances63Allocation of FundsRaised114Impact Assessment165Contribution
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Start by understanding the purpose and scope of the harmonised framework for impact.
02
Identify the key stakeholders and gather their inputs for the framework.
03
Analyze the impact areas and determine the indicators to measure the impact.
04
Develop a comprehensive plan on how to collect, analyze and report the impact data.
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Implement the framework in a systematic manner and monitor the progress regularly.
06
Review and update the harmonised framework for impact periodically to ensure its relevance and effectiveness.

Who needs harmonised framework for impact?

01
Nonprofit organizations
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Government agencies
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Corporate social responsibility departments
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Philanthropic foundations
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The harmonised framework for impact is a standardized approach designed to assess, report, and enhance the impact of organizational activities on social, environmental, and economic factors, ensuring comparability and transparency.
Organizations and entities operating in specified sectors that meet certain thresholds for impact assessment are required to file the harmonised framework for impact.
To fill out the harmonised framework for impact, organizations need to gather relevant data, follow the guidelines provided, and complete the designated sections regarding their impact activities, metrics, and outcomes.
The purpose of the harmonised framework for impact is to provide a structured method for organizations to evaluate and communicate their impact, promoting accountability and encouraging improvements.
Information that must be reported includes organizational goals, impact metrics, evaluation methods, outcomes achieved, and plans for future impact assessments.
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