The central premises of LeapFrog’s approach is the synergy between Profit and Purpose: Social purpose can drive stronger long-term financial returns, as well as reduce and diversify risk. Growth and profitability in turn can drive wider and deeper impact.
Hear from partner, Karima Ola on the future of Profit with Purpose
To measure and manage our impact, for more than a decade LeapFrog has pioneered a proprietary measurement framework tool – FIIRM (Financial, Impact, Innovation and Risk Management).
We use FIIRM, which incorporates financial and operational KPIs and governance indices, to drive
and benchmark performance, both within our own business and across our partner companies.
FIIRM incorporates measurement of financial and operational Key Performance Indicators as well as governance indices, which are benchmarked to global best practice standards such as GIIRS, IRIS+, and PRI.
In recognition of our market-leading approach to impact measurement and management, LeapFrog was asked to play an instrumental role in the creation of the market standard for Impact Investing: the World Bank Group’s Operating Principles for Impact Management, which were co-launched by our CEO Andy Kuper.
The report, by the IFC, is the most comprehensive assessment so far of the potential global market for impact investing. It estimates that as much as $26 trillion of the financial assets held by institutions and households across the world is potentially available for investment. The report includes a comprehensive overview of LeapFrog’s proprietary measurement framework, FIIRM, developed and refined over a decade of investing in some of the most innovative emerging markets businesses, and measuring commercial and social impact outcomes.
LeapFrog’s Responsible Investment Code
Our Responsible Investment Code sets out the overarching policy, standards and guidelines that enable LeapFrog and our portfolio companies to deliver both financial and social results by incorporating best practices across environmental, social, governance and impact management.
We assist and support our portfolio companies to adopt the Code for the effective and on-going management of the risks and opportunities they face. In recognition that best practice evolves over time, the Code is regularly updated.
Profit with purpose, in your inbox.
Subscribe to our newsletter to stay updated on the latest in impact investing and new models of business and leadership.