Martin Rich, Co-founder Of Future Fit Foundation - Impact Measurement: We Have Created The Tools & Framework To Get The Data

Martin Rich is the Co-founder and Executive Director of Future Fit Foundation. He is an international thought-leader, solution-builder and speaker on sustainability, impact and responsible investment.

The Future Fit Foundation is a non-profit organisation whose vision is a future in which everyone on Earth can flourish. The Future-Fit Business Benchmark is a free tool to help companies and investors transform how they create long-term value, for themselves and society as a whole.

Highlights of this episode:

• Impact investment is a mindset
• The biggest challenge of founding Future Fit Business
• How understanding finance helped Martin's transition
• The 'breakeven' goals for companies and becoming a Future Fit business
• Impact measurement tools that are open source
• How investors can understand impact using Future Fit Benchmarks
• How Future Fit works with other certification
• Growing the global community of Future Fit industries and changemakers
• How faith drives Martin's personal and professional life

Useful links:

Martin Rich Linkedin - https://www.linkedin.com/in/martin-rich/

Future Fit Business - http://futurefitbusiness.org/

Future Fit Business Benchmark - http://futurefitbusiness.org/about-the-benchmark/

Framefork For Strategic Sustainable Development -http://www.alliance-ssd.org/framework-for-strategic-sustainable-development-fssd/

Sir Ronald Cohen - https://en.wikipedia.org/wiki/RonaldMouradCohen

Bridges Fund Management - https://www.bridgesfundmanagement.com/

Volans - https://volans.com/

B Corp -https://bcorporation.uk/

Shell Foundation - https://shellfoundation.org/

Friends Provident Foundation - https://www.friendsprovidentfoundation.org/

Paul Boateng - https://en.wikipedia.org/wiki/Paul_Boateng

John Elkington - https://en.m.wikipedia.org/wiki/JohnElkington(business_author)

Chapter: 

[03:13] What is impact investing?

[12:16] What impact am I having on the world?

[20:04] Moving from One to Three Dimensional Investments

[24:48] "The purpose of a system is what it does"

[26:53] Taking time to realise the interconnectedness of the system

[30:02] How do businesses become Future Fit?

[33:59] The framework for strategic sustainable development

[36:26] Breakeven goals and reinforcing boundary conditions

[48:42] Being open source so people can challenge

[54:59] Changing conversations in organisations and purpose of companies

[1:00:27] What is the forward-looking journey from investors and companies point of view?

[1:05:55] How we can encourage investors going on the impact journey?

[1:12:03] Changemaker programme to change companies and growing the community

[1:16:11] How do you fit it with BCorp? Future Fit Business's business model

[1:20:36] Being a charity and working with grant funders

[1:24:21] Who inspires Martin Rich? Faith and having a higher purpose and having mentors

[1:34:40] What makes a good leader?

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Impact Leaders is produced by Podcast Publishing