We make markets work for more people, more often

Calvert Impact enables investors to finance organizations that strengthen communities, increase access to capital, and address climate change. In doing so, we help develop the infrastructure needed to move more money from investors to high impact organizations around the world.


Our Impact Strategy

Our impact does not end with jobs created, homes built, CO2 reduced, etc. We also assess the impact we have on the market overall and evaluate how we are changing the system through which capital is allocated. We measure and manage our impact in three ways:

  • the impact we have on our investor community;
  • the value our capital provides to our portfolio partners and projects; and
  • the outputs and outcomes that our capital has on the community and the planet.

Each of our products and portfolios have specific impact strategies and sector theories of change, and we measure how our work contributes to gender equity, racial justice, and climate solutions across all of our investments. We also assess our contribution to each of the 17 Sustainable Development Goals (SDGs).

We know that standardization and clarity around impact measurement is essential for impact investing to grow. We're proud to align with and contribute to industry-leading best practices for impact management and measurement (IMM). For example, Calvert Impact is a founding signatory to the Operating Principles for Impact Management, we participated in the first Impact Frontiers cohort, and align our impact framework with the Global Impact Investing Network's (GIIN) IRIS+ system.

Learn more about our IMM practice and check out the resources below and on our Impact Management News & Resources page.

2023 Impact Report

Our 2023 Impact Report features the impact we and our portfolio partners and projects have had on the environment and communities around the world throughout 2022 and 2023.

Sustainable Development Goals

The Sustainable Development Goals (SDGs) provide a powerful framework for investors looking to achieve impactful, long-term investment results. By investing in our products and portfolios or co-lending alongside us in a syndicated facility or small business recovery fund, investors and co-lenders gain access to our portfolio organizations and projects working in a variety of impact sectors.

Impact Success Stories

Our impact continues even after our portfolio partners repay their loans. While these organizations may no longer be in the Community Investment Note portfolio, we are always looking for ways to continue to support them, and for now we celebrate their successes and the insights we have gleaned through years (or often decades) of working with them.

Impact Map

The organizations in the Community Investment Note portfolio create diverse impacts across over 100 countries, including the United States, the District of Columbia, and Puerto Rico. Last quarter, 50% of the Community Investment Note portfolio was invested in the US and 50% was invested internationally.

Data updated as of date above. Country exposure by dollar amount is highest in the dark blue shades and lowest in the light blue shades. Country exposure shows where the end borrower operates.