Impaakt Company Profile

Background

Overview

Impaakt, founded in 2018 and headquartered in Geneva, Switzerland, is a Certified B Corporation specializing in stakeholder-powered sustainability assessments and impact measurement. The company leverages collective intelligence to provide evidence-based sustainability data, enabling organizations to enhance transparency and accountability in their practices. Impaakt's mission is to help businesses assess and address critical social and environmental impacts, fostering sustainable growth and positive societal change.

Mission and Vision

Impaakt's mission is to empower organizations to achieve sustainable growth through innovative software solutions that facilitate large-scale stakeholder engagement. By enabling businesses to assess and address critical social and environmental impacts, Impaakt aims to enhance transparency and accountability, driving meaningful change for a better society and a healthier planet.

Industry Significance

As a global leader in ESG reporting, Impaakt has conducted over 1.3 million materiality assessments, collected nearly 100,000 ESRS data points, analyzed 5,000 companies, and engaged 60,000 stakeholders. This extensive experience underscores Impaakt's significant role in advancing sustainability practices and reporting standards across industries.

Key Strategic Focus

Core Objectives

Impaakt focuses on providing organizations with tools to understand stakeholder priorities, meet or exceed regulatory standards, and drive meaningful change in sustainability practices. The company's strategic objectives include enhancing stakeholder engagement, improving sustainability reporting, and fostering a culture of transparency and accountability.

Areas of Specialization

Impaakt specializes in stakeholder-powered sustainability assessments, impact measurement, and ESG reporting. The company offers tailored solutions for corporates, financial institutions, SMEs, and individual investors, addressing the unique needs of each segment in the sustainability landscape.

Key Technologies Utilized

Impaakt employs advanced technological platforms that integrate collective intelligence and AI-driven capabilities to assess and measure the environmental and social impacts of companies. These technologies enable scalable and flexible data collection, providing comprehensive and comparable impact data for companies of all sizes and sectors.

Primary Markets Targeted

Impaakt serves a diverse clientele, including large corporations, financial institutions, SMEs, and individual investors. The company's solutions are designed to meet the needs of organizations seeking to enhance their sustainability practices, comply with regulatory standards, and align investments with personal sustainability values.

Financials and Funding

Funding History

Impaakt has raised a total of approximately $11.72 million in funding. In April 2023, the company secured close to $8 million in its latest funding round, underscoring investor confidence in its mission to redefine impact measurement and empower business decision-makers with robust impact data and insights.

Utilization of Capital

The funds raised are intended to accelerate Impaakt's growth and sales, enhance market penetration, and strengthen strategic alliances. Additionally, the capital will support the expansion of Impaakt's community and the development of new services tailored for individual investors, further democratizing access to sustainability data and impact assessments.

Pipeline Development

Key Pipeline Candidates

Impaakt's primary focus is on developing and enhancing its technological platform for stakeholder-powered sustainability assessments and impact measurement. The company continues to expand its database of environmental and social performance metrics, aiming to provide comprehensive and actionable insights for organizations and investors.

Stages of Development

Impaakt's platform is continually evolving, integrating advanced technologies and methodologies to improve the accuracy and relevance of its impact assessments. The company is also expanding its community of contributors to enhance the depth and diversity of its data.

Target Conditions

Impaakt's solutions are designed to address a wide range of environmental and social impacts, aligning with the Sustainable Development Goals (SDGs) and supporting organizations in their sustainability journeys.

Anticipated Milestones

Impaakt anticipates further growth in its community engagement, expansion of its impact data repository, and the introduction of new services tailored to individual investors, enhancing personalized sustainable investing.

Technological Platform and Innovation

Proprietary Technologies

Impaakt's platform leverages collective intelligence and AI-driven capabilities to assess and measure the environmental and social impacts of companies. This approach enables scalable and flexible data collection, providing comprehensive and comparable impact data for companies of all sizes and sectors.

Significant Scientific Methods

Impaakt employs a collaborative methodology that integrates input from a diverse range of stakeholders, including sustainability professionals, industry experts, and members of civil society. This approach ensures that impact assessments are thorough, unbiased, and aligned with established frameworks like the European Sustainability Reporting Standards (ESRS) and the United Nations' Sustainable Development Goals (SDGs).

AI-Driven Capabilities

The integration of AI technologies allows Impaakt to analyze large volumes of data efficiently, identify patterns, and provide actionable insights into companies' environmental and social impacts. This capability enhances the accuracy and relevance of impact assessments, supporting organizations in making informed sustainability decisions.

Leadership Team

Executive Profiles

Bertrand Gacon: Co-Founder and CEO of Impaakt, Bertrand has extensive experience in the financial industry and is dedicated to advancing sustainability through innovative solutions.

Dr. Hanan Ahmed: As a Certified Impact Analyst, Dr. Ahmed specializes in ESG reporting and sustainable finance, contributing to Impaakt's mission of driving positive change through research and project-based initiatives.

Alexandra B. K.: A Certified Impact Analyst with expertise in ESG reporting and sustainable finance, Alexandra is passionate about driving positive change through research and project-based initiatives.

Leadership Changes

As of the latest available information, there have been no significant changes or appointments within Impaakt's leadership team.

Competitor Profile

Market Insights and Dynamics

The market for sustainability reporting and impact assessment is experiencing significant growth, driven by increasing regulatory requirements and a global emphasis on environmental, social, and governance (ESG) factors. Organizations are seeking innovative solutions to measure and report their sustainability performance accurately.

Competitor Analysis

Impaakt operates in a competitive landscape with several key players:

Pelt8: Focuses on sustainability reporting and ESG data management, offering platforms for the collection and reporting of environmental and social data.

Clarity AI: Provides AI-driven solutions for environmental and social insights across various sectors, integrating ESG and impact investing into investment workflows.

RepRisk: Specializes in identifying and analyzing ESG risks within the financial services and corporate sectors, offering due diligence and risk management solutions.

S Factor: Offers data analytics and insights for social impact within the investment and technology sectors, providing benchmarks and risk ratings to inform investment decisions.

Sphera: Provides Enterprise Sustainability Management performance and risk management software in the domain of Environment, Health, Safety & Sustainability, and Operational Risk Management.

Strategic Collaborations and Partnerships

Impaakt collaborates with a global community of over 60,000 contributors, including sustainability professionals, industry experts, and members of civil society, to gather diverse perspectives and enhance the quality of its impact assessments.

Operational Insights

Impaakt differentiates itself through its collaborative approach, integrating input from a wide range of stakeholders to provide comprehensive and unbiased impact assessments. This methodology enhances the credibility and relevance of its data, setting it apart in the competitive landscape.

Strategic Opportunities and Future Directions

Impaakt is well-positioned to capitalize on the growing demand for transparent and actionable sustainability data. The company's focus on personalized sustainable investing and its commitment to democratizing access to impact assessments align with emerging market trends, presenting opportunities for expansion and increased market share.