Best practices for measuring climate and environmental impact include:

  • Right-size your climate and environmental IMM based on your capacity. Many organizations feel intimidated by climate and environmental impact measurement because it may seem to require scientific or technical expertise. However, selecting a small set of key performance indicators (KPIs) that capture your climate and environmental impact can be powerful when communicating your values to stakeholders such as customers and potential investors.  
  • Define your scope. Climate and environmental action encompasses many different subsectors. Being focused on conservation and biodiversity will require a different metrics set than an organization interested in emissions mitigation. By clearly defining what climate and environmental impacts are directly related to your business activity, you can right-size your IMM efforts and generate more usable data.
  • Draw from established tools and guidelines. This recommendation is an overall IMM best practice; however, it is especially important when measuring climate and environmental impact. It is much harder to build a method of measuring climate change emissions from the ground up – even if you have the technical and scientific expertise.  There are internationally established standards for measuring indicators such as biodiversity, adaptation, mitigation, and conservation, including carbon credits, created and tested by experts in the field. There are also existing tools that simplify these technical aspects for non-specialists.

Resources about IMM for climate and environmental action