LOOM Impact

Berlin, DEImpact-drivenConsultancyESG & CSR ReportingSustainable Finance

Impact3Sustainability Goals

LocationBerlin

About LOOM Impact

LOOM Impact, operating as LOOMPACT, is a German organization based in Berlin focused on valuing, measuring, and monetizing social and ecological impact. It helps for-profit and non-profit organizations plan, report, audit, sell, and buy their positive environmental and social effects. LOOMPACT pioneers the "impact as a product" approach through Impact Credits, utilizing NFT technology to transform impact into financial value and generate new income streams. The company emphasizes transparency, accountability, and adherence to the Impact Model Verification Standard (IMVS), aligning its services with the UN Sustainable Development Goals, particularly SDGs 17 and 12.

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Sustainability Goals

Partnerships for the Goals

Global Partnerships for SDGs via Impact Finance
LOOM Impact builds an infrastructure for measuring, verifying, and financing impact. This strengthens collaboration among businesses, investors, and civil society to achieve the UN Sustainable Development Goals.

Responsible Consumption & Production

Sustainable Consumption and Production Through Transparency
The organization combats greenwashing through transparent impact assessment and auditing of Impact Credits. This guides companies towards more sustainable production methods and promotes responsible consumption.

Industry, Innovation & Infrastructure

Innovative Infrastructure for Sustainable Industry
LOOM Impact develops an innovative financial and reporting infrastructure using 'Impact as a Product' and NFT technology. This enables industries to integrate sustainability and finance projects effectively.

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FAQs

What is LOOM Impact's core mission?

LOOM Impact, operating as LOOMPACT, focuses on valuing, measuring, and monetizing social and ecological impact. Its mission is to help organizations plan, report, audit, sell, and buy their positive environmental and social effects, positioning impact as the world's first "impact as a product" via Impact Credits.

How does LOOM Impact monetize positive impact?

LOOM Impact monetizes verified impact through its LOOMPACT NFT technology. This enables organizations to issue impact credits based on their generated and externally audited outcomes, thereby creating new revenue streams.

Which Sustainable Development Goals (SDGs) does LOOM Impact primarily support?

LOOM Impact primarily supports SDG 17 (Partnerships for the Goals) and SDG 12 (Responsible Consumption and Production). SDG 9 (Industry, Innovation and Infrastructure) is also of secondary relevance to the organization.

What is the Impact Model Verification Standard (IMVS)?

The Impact Model Verification Standard (IMVS) is a framework promoted by LOOMPACT for auditing output or outcome claims. It ensures the correctness and validity of impact reports, especially in the absence of other global guidelines.