Common Good Reflections 2024
Thank you for journeying with us!
On behalf of the entire CGM team, we want to express our sincere gratitude for joining us this year as we work to bring tradable impact into the mainstream. Building a new asset class and marketplace to trade it is a challenge, but one we find both exciting and rewarding. Looking back, it's the partnerships, verified impact, and the groundbreaking organizations we've worked with that have fueled our passion. We feel incredibly fortunate to have pioneered and participated in this innovative space, and we are deeply grateful for your support. Once again, thank you for being part of this journey, and here’s to an incredible summit year in 2025!
VIA Transaction Alerts: SAP, Schwartz Family Foundation, and Imagine Worldwide
We’re excited to share two more game-changing transactions between SAP and CGM Supplier Imagine Worldwide as well as the Schwartz Family Foundation and Imagine Worldwide. These transactions tangibly advance SDG 4: Quality Education, specifically increasing learning outcomes for primary age students in Malawi. SAP purchased VIAs delivering $100,000 in social value. The Schwartz Family Foundation granted over $160,000 to Imagine Worldwide achieving more than $660,000 in social value and a 4:1 SROI ratio (social return on investment). As a result, CGM delivered 125 Verified Impact Assets (VIAs) from Imagine Worldwide to SAP and 829 VIAs to the Schwartz Family Foundation, which delivered the verified impact claim of improved learning outcomes of 537 primary school students in Malawi.
View the Transaction Reports here.
Reflections on 2024–our most impactful year yet.
2024 was our most impactful year yet. As we reflect on the past year, here are some highlights and milestones that advanced an impact marketplace advancing the SDGs for the common good.
$2.1m - We transacted $510,000 of Verified Impact Assets (VIAs) that delivered over $2.1m worth of social value and advanced access to essential health services, reduced mortality for mothers and babies and tangibly increased learning outcomes for youth.
$96m - We issued more than $96m of VIAs spanning Sustainable Development Goals 1: No Poverty, 3: Good Health and Well-being, 4: Quality Education, and 10: Reducing Income Inequality.
Bronze - We were recognized by the Anthem Awards with a Bronze for Innovation in the Humanitarian Action & Services sector and listed alongside leading organizations like Global Clinton Initiative, World Food Program and Pepsico Foundation.
$1b - We evaluated large scale programs like SAP’s Africa Code Week that delivered up to $1 billion of social value utilizing our Impact Framework and were able to support the design of the growing Social Procurement ecosystem.
We know there is still much, much more to do, but we want to look back with you to celebrate and be grateful for all that’s been accomplished. And we are just getting started.
Visit our blog to see the rest of our 2024 highlights.
Looking forward to 2025
Next year will be a pivotal, summit year. We look forward to sharing a major report and initiative we’ve been working on with world-class organizations since May this year that will change the landscape and attention of trading impact. While we can only project what the impact will be, it has the opportunity to open up new capital flows to verified impact and scale this marketplace in ways we always dreamed of. So stay tuned and follow us on LinkedIn if you don’t already.
We’ll also be updating, expanding and opening up our Marketplace in ways that will engage more and more organizations to participate in listing, auditing and funding VIAs. We want more pioneers to engage the Marketplace and we’d like to invite you to bring more of them into the CGM ecosystem in two ways: create your own marketplace account or refer a fellow changemaker to do so. The first step is easy.
You can follow one of the links below to get started and then we’ll follow up with you!
Register for a Marketplace Account here
Start the Supplier Journey here