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IMPACT

How do you decide whether a project is impactful or not?

At Goparity, we focus on providing investment opportunities in sustainable projects. To determine whether a project is impactful, we align our definition of sustainability with the United Nations Sustainable Development Goals (SDGs): "Development that meets the needs of the present without compromising the ability of future generations to meet their own needs."

For a project to be considered impactful or sustainable, it must contribute to at least one of the 17 SDGs, evaluated based on their specific targets. Some projects may address multiple SDGs, while others focus on a single goal. 

The primary factor in determining a project’s impact is the purpose of the funding—specifically, how the campaign funds will be used. For instance, a project funding the installation of solar panels at a factory to reduce its ecological footprint contributes to SDGs 7 (Affordable and Clean Energy), 9 (Industry, Innovation, and Infrastructure), and 12 (Responsible Consumption and Production). In such cases, we measure the direct impact of the financed activity.

In other cases, we consider the overarching mission of a company or organisation. For example, a project funding treasury or operational costs for organisations dedicated to achieving SDGs—such as Schools of Heroes or Peru II Organic Cocoa—is also deemed impactful. Here, we evaluate the broader impact of the organization's work.

While our mission encompasses all 17 SDGs, we prioritise projects related to the following:

• #1: End poverty in all its forms everywhere.
• #6: Ensure availability and sustainable management of water and sanitation for all.
• #7: Ensure access to affordable, reliable, sustainable, and modern energy for all.
• #11: Make cities and human settlements inclusive, safe, resilient, and sustainable.
• #13: Take urgent action to combat climate change and its impacts.
• #14: Conserve and sustainably use oceans, seas, and marine resources.
• #15: Protect, restore, and promote sustainable use of terrestrial ecosystems.

Based on the projects funded to date, we have created 5 categories to which we attribute the different projects we have:

1. Water and Blue Economy.
2. Sustainable Energy.
3. Business in Transition.
4. Social Economy.
5. Sustainable Land Use.