We are thrilled to announce that the Joint Impact Model (JIM) has reached a new milestone! As of March 2023, we have granted access to the JIM to over 150 institutions, enabling them to estimate financial flows through the economy and its resulting economic, social, and environmental impact.
The JIM is a powerful tool that allows users to estimate and report on the contribution of individual institutions to the decarbonization pathways, Just Transition, and EU sustainable finance regulation. Using input data such as outstanding amounts per economic activity from investment portfolios, the Joint Impact Model enables financial institutions to estimate financial flows through the economy and its resulting impacts.
It being a collaborative effort between multiple organizations, we have been able to develop a tool that supports decision-making and accountability, while also promoting sustainable development. However, we do not wish to stop the developing now, and the new version of the JIM will be released in Q3 of this year. The upcoming update will improve the existing version through advanced statistics, enhanced granularity, updated interface and increased capacity. Furthermore, new features will be available such user-friendly outputs for easiness of reporting which will include SFDR PAIs.
We are excited to see the continued growth of the JIM community and look forward to supporting more institutions as they work towards a more sustainable future. If you are interested in learning more about the JIM or gaining access to the tool, please visit our website or contact us directly.