The Snowball Fund’s annual impact outcomes per £1 million invested.

Impact measurement is central to impact investing. According to the widespread Global Impact Investing Network (GIIN) definition, impact measurement is a core characteristic of impact investing, as distinct from ESG. Expert impact management is also crucial to building successful, profitable companies that can improve outcomes for society and our world.

Snowball is committed to setting best practices in how we measure and report our impact.

For the first time, we are sharing an illustration of the collective annual positive impact associated with a £1 million investment in the Snowball Fund. This demonstrates the depth and breadth of impact occurring in the portfolio.

The reported data is attributable to the Snowball Fund, accounting for Snowball’s percentage ownership of the underlying holdings.

Footnotes

¹ Assumes that one meal is equivalent to 550g.

² International Civil Aviation Organization carbon emissions calculator LDN to JFK.

³ Ofgem average gas and electricity usage.

⁴ Average UK households’ annual waste. Department for Environment Food & Rural Affairs Official Statistics (2022).