Impact: At the forefront of risk and return management

Wednesday 16 June 2021 | 18:00 - 19:00 | Webinar

This event has been organised by CFA UK's Impact Investing special interest group.

In this webinar, we invite a panel of experts to discuss the Impact Weighted Accounts Initiative (IWAI). The IWAI by Harvard Business School aims at driving the creation of financial accounts that fully reflect a company’s financial, social, and environmental performance. This event will explain how the initiative will help to incorporate external factors in financial reporting, quantifying impact and driving investor and managerial decision making.

Olivia Prentice, COO of Impact Management Project (IMP), will start by discussing the impact investing ecosystem, the scope of work and the soon to be launched system of standards by IMP. She will also discuss how impact could be monetized and what the global legislative outlook for impact is right now.

Rob Zochowski of Harvard Business School will talk through the IWAI, highlighting new insights into firm risks across both environmental and employment impact, and explain how investors and companies are putting the IWAI to use.

Finally, Tom Beagent, Director of sustainability at PWC, will answer: what does the impact reporting change from an auditing and accounting perspective?

This event will be moderated by Alicia Rubí, CFA, Partner of Attalea Partners. 

Where recordings are made, these are a member benefit that are accessed through the member-only platform, CFA UK Discover.


Registration: 17:55

Event: 18:00 - 19:00

CPD Points: 1:00


Olivia Prentice, COO and Head of Content, Impact Management Project

A co-founder of the IMP, Olivia has worked since the project’s inception to facilitate market consensus on sustainability and impact measurement, management and reporting. She focused on leading the development of best practices for investors, such as defining approaches for integrating impact considerations into traditional portfolio construction norms. Prior to this, Olivia worked in emerging market impact investing at the UK’s Development Finance Institution, CDC, and with the DFID Impact Fund.

Olivia has an MA in international relations from King’s College London, and a BA (Hons) in history from Durham University. 

Rob Zochowski, Program Director, Harvard Business School

Rob is the Program Director and Senior Researcher for Multi-Faculty Sustainability and Impact Investing Special Projects, including The Impact-Weighted Accounts Project, the Social Impact Collaboratory, and the Project on Impact Investments at Harvard Business School. Previously, Rob was a Vice President at Goldman Sachs where he had roles in investment product innovation, strategy & development, alternative investment strategies, and private wealth management. Rob is a board member for the Greater New England Chapter of the National MS Society and has served on the national strategic planning and impact metrics advisory committees.

Rob is the 2019 recipient of the Carson Family Changemaker Award which recognises commitment to the field of social enterprise. Rob earned his Bachelor’s Degree in economics from Georgetown University where he graduated Magna Cum Laude.

Tom Beagent, Director Sustainability and Climate Change, PwC

Tom has 20 years' experience, leading and advising investors and businesses develop to become more sustainable. Tom sits on a number of advisory boards including HRH Prince of Wales’ Accounting for Sustainability initiative, the Impact Management Project, HBS’s Impact Weighted Accounts Initiative, and BVCA (UK PE and VC industry association) Impact Investing Advisory Group.

Tom also leads PwC’s work related to its Total Impact Measurement & Management (TIMM) framework, which allows organisations to measure and value the social, environmental, economic and fiscal impacts resulting from their operations, as well as their extended value chains.

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