Impact investors can achieve their social, environmental, and financial goals.
The Impact Evaluation Lab brings the rigor of the capital markets to impact investing
We provide a first line of financial and impact due diligence, applying third party data and analytics to assess impact and financial performance. So, allocators can invest capital with full confidence.
The impact investing sector is experiencing tremendous innovation and evolution. At the same time we are seeing growing scrutiny from regulators and others demanding greater transparency and accountability. For impact to scale further, the sector must provide investors with the same high caliber data and decision-making frameworks that they expect from other asset classes.
IEL’s products are grounded in finance and designed to bring greater trust, transparency, and accountability to impact investing, for allocators and fund managers alike.
The Impact Authenticity Score
Verification & Validation
The Impact Authenticity Score (IAS) is IEL’s proprietary third-party assessment methodology, designed to evaluate how credibly and consistently an investment fund delivers on its stated impact and financial objectives.
Grounded in capital market expectations, the IAS applies a structured, evidence-based framework that examines 49 weighted metrics across three key dimensions:
Mission alignment - Fidelity between stated purpose and investment strategy
Impact execution - Strength, credibility, & consistency of impact measurement, management, and disclosure practices
Financial performance - Consistency in delivering stated financial return objectives
Developed to serve both allocators and fund managers, the IAS functions as a trusted signal of authenticity and accountability—while providing actionable insights that strengthen strategy, build trust, and improve transparency across the impact investing landscape.
See our report on the Impact Authenticity Score.
The Impact Navigator Database
Discovery & Visibility
Built as a discovery and due diligence tool for allocators and advisors, the Impact Navigator is a clear, comparable, and searchable database of today’s most credible impact funds — and the teams behind them. Whether impact-first or new to the space, investors can explore mission-aligned firms and investment strategies through an intuitive platform designed for trust, structure, and transparency.
As a two-sided platform, the Navigator also serves as a visibility and credibility engine for fund managers. Verified firm and fund profiles, structured data rooms, and standardized disclosures help managers showcase their strategies, differentiate their approaches, and connect with allocators actively seeking authentic impact opportunities.
Our Products
A two-part solution accelerating the mainstream adoption of impact investing
IEL’s two flagship products work in tandem – built to reinforce one another and address the core barriers holding impact investing back. Together, these products create a powerful feedback loop: verification builds credibility, and visibility builds capital flow.
The IEL Ecosystem:
How Our Products Work Together
Step 1: Assess →
Funds complete the Impact Authenticity Score (IAS) or IASp (provisional for early-stage funds), which examines 49 weighted metrics across mission fidelity, impact execution, and financial performance — establishing a rigorous baseline for credibility.
Step 2: Verify →
IEL conducts a comprehensive review — including data validation, strategy analysis, document review, and manager interviews — to independently evaluate how well a fund delivers on its stated goals. Each assessment produces a standardized third-party IAS Performance Report, equipping allocators with trusted due diligence insights and providing fund managers with actionable guidance to strengthen future strategy.
Step 3: Discover →
Assessed funds and the firms behind them are featured in the Impact Navigator Database, where verified profiles, structured data rooms, and standardized disclosures provide allocators with the information they need to source and evaluate high-integrity impact strategies. This uniquely comprehensive analysis contextualizes both the impact generated by an investment approach and its financial potential — increasing discoverability, trust, and access to capital.
Trust, Transparency, & Accountability
IEL’s uniquely comprehensive ecosystem incorporates financial and impact analysis and builds trust in the impact investing market so the sector can attract greater capital flows from the mainstream capital markets.
Allocators get the impact and financial insights they need to invest with confidence.
Assessed funds stand out from the pack, showcased in front of investors looking to allocate capital to today’s greatest challenges.
The IEL Difference
Built with the market: Framework developed in collaboration with leading investors, allocators, and fund managers.
Grounded in finance: Methodology designed to meet institutional capital markets expectations.
Third-party validation: Independent assessments, free from marketing spin.