How It Works for Clients - Frequently Asked Questions

The Impaakt Team

11 min Read Time | May 17th 2023

We've compiled a list of some of the most frequently asked questions our team receives from clients and prospects.

Hopefully, you can find your answer here, but if not get in touch at

1. What is impact data ?

Impact data looks at the impact companies have on the planet and society. It focuses on environmental and social data and materiality. Impact data can be both quantitative and qualitative and should reflect more than a simple output. Impact data focuses on the immediate or long-term results that occur as a result of the core business, the operations, or the actions of a company.

2. How is impact data different from ESG ?

ESG assessments often focus on processes, policies, and risk management.

Impact data focuses on environmental and social materiality, or, the most important impacts of a company on the environment and society.

3. What does Impaakt do ?

We are a fintech that assesses the impact of businesses on the environment and society. We leverage collective intelligence to gather research and ratings from our diverse community of over 50,000 members, providing comprehensive and timely data to help investors make informed and sustainable decisions. Through our research and ratings, we generate impact scores that make sense. Discover our story and why we do what we do.

4. What methodology does Impaakt use ?

Our community of 600 Certified Impact Analysts documents and summarizes the impacts of various topics for the companies in our universe. Our Certified Impact Raters have supported us in making over 1 million impact materiality assessments. These assessments are made across multiple impact topics and are then aggregated to create the final impact score. By ​​avoiding the single-expert approach, our impact scores are opposable and anti-greenwashing. Read more about our Methodology here.

Our community allows clients to fill the gap in their coverage and get inputs on any company in their portfolios. Our fully scalable and responsive research platform can be used to support research and investment teams who require on-demand impact research. 

Our impact topics are mapped across various industry-recognized frameworks, such as the SDGs, ILG, and more, allowing for impact scores at a more granular level. More information about our frameworks can be found here.

5. Who does the Impaakt community consist of ?

Our community consists of over 600 Impact Analysts and 50,000 Impact Raters. They are highly diversified, coming from over 75 countries, with an almost equal gender split (53% male vs. 47% female). 89% of our members have a higher education degree, and the top field of study is Business & Economics.

Their prime incentive to write and/or rate is to make this world a better, more sustainable place. Other reasons to contribute are educational purposes, training, monetary rewards, and community engagement. More information about our community can be found here.

6. How does Impaakt gather data ?

Our community of Certified Impact Analysts gathers and compiles freely accessible data and submits analyses on specific impact topics. All the data extracted and all impact analyses go through a multi-layer, human verification, and clean-up process that never stops. We are constantly challenging the quality of the data.

7. Why should we rely on collective intelligence when AI tools can gather impact data ?

Collective intelligence offers distinct advantages even in the presence of AI tools capable of collecting impact data. It taps into the collective knowledge, diverse perspectives, and human judgment to address complex problems and make informed decisions and judgments, While AI tools provide efficient data collection and analysis, the power of collective intelligence lies in its ability to leverage human wisdom and reflect the voice of civil society, enabling comprehensive scores and data.

8. How long has Impaakt been gathering and assessing data ?

We are building a database of historical data starting from 2021. Although historical data is not yet accessible on our platform, it can be provided to clients through a data feed.

9. How often does Impaakt update the data ?

When data is available, we update and refresh all of our data on an annual basis.

10. Does Impaakt provide actual or estimated data ?

If the data exists through a freely-accessible source, we will ensure our community writes and assesses the matter at hand. However, in cases where the data is unavailable and depending on the impact topic, we are able to produce peer-based scores based on industry peer groups and revenue.

11. What type of client solutions does Impaakt offer ?

We provide a variety of solutions stemming from our impact research. We are able to produce impact scores, metrics & advanced analytics to help investors and financial players assess the impact of their investments.

Additionally, we provide customized, on-demand impact solutions to support clients in integrating sustainability into their strategies, as well as complying with regulatory requirements.

Learn more about our different solutions now.

12. What are Impaakt's use-cases ?

While our use-cases range depending on the different stakeholders, here are some examples of how our data is used:

Retail Investors: Our impact assessments and analytics help investors evaluate companies based on their social and environmental impact. Investors can use this information to make sustainable investment decisions aligned with their values and sustainability goals. Through their own

Asset Managers: Asset managers can leverage our data to incorporate impact research and scores into their investment strategies and portfolio management. This enables them to offer sustainable investment products and meet the growing demand for socially responsible investments. This also enables investors to justify their sustainable products, such as Article 8 or 9 funds, or to create thematic certificates, for example.

Private Equity Investors: Private equity investors face challenges related to the lack of sustainability data and coverage on private companies. They also need to justify Article 8 & 9 funds and the lack of sustainability data makes it difficult. Finally, there is an increasing demand from clients for clarity and transparency. Our on-demand impact research is the right solution to help support these clients.

ESG Engagement Specialists: ESG Engagement Specialists need to manage clients’ financial goals with their ESG commitments and stay up-to-date with rapidly changing ESG standards and regulations. By using Impaakt's data, they can easily identify potential investees aligned with clients’ ESG commitments and communicate this in a clear and tangible manner.

Corporations: Companies can utilize our impact assessments to understand their own social and environmental impact better. This information can help them identify areas for improvement, enhance their corporate social responsibility efforts, and communicate their sustainability performance to stakeholders. They can also get insight into how their own internal stakeholders see them, from a sustainability perspective, by getting these impact assessments done internally.

Researchers and Academia: Our platform provides a valuable resource for researchers and academia interested in studying companies' social and environmental impact across different sectors. They can access impact data and metrics and use this as a source for research papers.

And more! 

13. What differentiate’s Impaakt from competitors ?

Many of our competitors provide ESG data, which focuses on processes, policies, and risk management, not capturing the true impact a company has on the planet and society.

Further, some of our competitors also focus on using A.I. to gather data and assess companies. Although this approach may be effective in the collection of data, the interpretational dimension is missing, as A.I. cannot measure up to human judgment when it comes to addressing complex problems and making informed decisions.

Finally, our competitors tend to use a single-expert approach to giving the ratings and scores for companies. This opaque, biased method can lead to scores that don’t represent the voice and view of civil society.


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