"Impact due diligence creates value for a broad range of stakeholders across the impact investing ecosystem, including impact investors, investees and the field at large. Key benefits include fostering internal alignment around intended impacts and priorities, deepening understanding of investees’ activities, supporting the construction of more positively impactful portfolios, improving investor and investees’ ability to communicate impact, strengthening relationships between investees and investors, and increasing firms’ ability to attract additional capital. In combination, the benefits of widespread adoption of impact due diligence should attract additional capital to the field and thereby foster the formation of more inclusive and sustainable financial markets."Impact Due Diligence: Emerging Best Practices" is the first of two reports intended to elevate the practice of impact due diligence."

"Community Development Financial Institutions (CDFIs) are uniquely positioned to address the troubling trend of rising wealth and income inequality in the United States by focusing on the creation of higher quality jobs. To move toward a reality where quality jobs are the standard- not the exception-CDFIs must build consensus around a common definition of a quality job, undertake practical efforts to foster the creation of quality jobs, and measure results to understand what works.

This discussion paper seeks to answer two important questions at the center of Community Development Financial Institutions' (CDFIs) efforts to create quality jobs: what is a quality job, and how can CDFIs measure job quality?"