Aligning to leading frameworks
The challenge
IDB Invest reached out to Flag with the goal of reporting its positive impact in Latin America and the Caribbean. The objective was to provide a Sustainability Report to funders, governments and employees, demonstrating how development financing is benefiting the region. To align with its parent company, IDB Invest also provided disclosures against the GRI Standards in a separate GRI index.
Identifying and addressing material issues
The process
To prepare the foundation of this first report, Flag identified IDB Invest’s material issues, which included conducting interviews, detailed research and a consensus-building workshop with key senior stakeholders.
Reaching stakeholders, crossing barriers
The solution
Based on our conclusions, we created a content plan around these material issues to structure the report. We developed the copy and design for the Sustainability Report and GRI index, producing an additional Spanish version of both reports to reach IDB Invest’s key Spanish-speaking audience.
Our work with IDB Invest also enabled us to create a messaging framework to help guide IDB Invest’s vision: Scaling for Impact. This framework articulates in one concise document how IDB Invest defines impact investing.
