Since 2020, Trill Impact has been a signatory of the Operating Principles for Impact Management (the “Impact Principles”), a framework to investors for the design and implementation of their impact management strategy, ensuring that impact considerations are integrated throughout the investment lifecycle.
Principle 9 among these Impact Principles, states that signatories shall publicly disclose the alignment of its impact management systems with the Impact Principles and arrange for independent verification of this alignment at regular intervals.
Accordingly, Trill Impact has now published its annual Disclosure Statement, which re-affirms that Trill Impact has the policies and procedures in place to manage impact investments in accordance with the Impact Principles. Trill Impact’s Disclosure Statement for 2023 is available here. It applies to two of Trill Impact’s three strategies: Impact Private Equity and Impact Ventures. Trill Impact’s third strategy, Microfinance, is managed and monitored by our partner, Developing World Markets (DWM).
Trill Impact has also engaged BlueMark, a leading independent provider of impact verification services in impact investing, to independently verify Trill Impact’s alignment with the Impact Principles. Trill Impact received the highest possible results, given that there have been no exits to date. BlueMark’s independent Verifier Statement for 2023 can be found here.
Trill Impact’s first verification was completed in 2021 and can be found here. Another third-party verification will be completed and published in 2025.
In addition to the verification, Trill Impact was included in the BlueMark Practice Leaderboard for the second year in a row during 2023. The Leaderboard highlights impact investors with best-in-class impact management practices. To earn a spot on the Leaderboard, verified investors must receive top quartile ratings across all of the Impact Principles. Read the full report here, with the 2023 Practice Leaderboard being presented on page 13.
We are proud of these accomplishments, and committed to improving our practices continuously, and to pushing the impact investing industry forward towards a more sustainable future for all.
BlueMark is a leading independent provider of impact verification services in the impact investing market. BlueMark is a subsidiary of Tideline Advisors, LLC, a specialized consulting firm that works with asset managers and allocators to design and implement best in class impact management and measurement systems.
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