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First Cohort Members Announced for Innovative Impact Program

June 1, 2021

Impact leaders are coming together to make investing more impactful. The McConnell Foundation, Foundation of Greater Montreal, BlackRock Global Impact Fund and Fair Finance Fund have signed on as the first four cohort members of Impact Frontiers in Canada.

Impact Frontiers is a collaborative education program that supports investors to build new capabilities to measure and manage impact and integrate impact into their investment practices.

We believe Impact Frontiers will elevate the field of impact investing. The strong interest we’ve seen in this program suggests others agree, and that the time is right for this program.

The program has been designed for asset managers of all asset classes and for asset owners such as foundations, endowments, pensions and family offices. The wide-ranging expertise and experience, and variety of asset classes represented in just these first four members suggests the program is on track to make a big difference to investing in Canada. We’re excited to finalize arrangements for the remaining cohort members and launch this summer.

The new cohort will start July 20 and follow a structured program, beginning with creating an expected impact rating (August), selecting a measure of risk-adjusted financial return (September), and learning change management for impact professionals (October). A full schedule can be found on the Impact Frontiers FAQ page. Investors interested in joining the cohort should contact Kelly today.

Impact Frontiers was created by the Impact Management Project. Rally Assets is working in partnership with others to deliver the program in Canada. The program is also running in the US and Asia, with cohort members including Snowball, UnLtd and Moonshot.

Collaborative, ecosystem-wide initiative




"The IMP is thrilled to team up with Rally Assets and partners throughout the Canadian market to support investors in setting -- and achieving -- integrated sustainability and financial goals. We are working hard to establish similar collaborations with leading partners in other geographies, following the pioneering example set here in Canada. Our vision is that over time, any investor in any asset class or geography will be able to access content and a community of like-minded peers to help them advance their impact management practice, so that capital markets can better serve the needs of people and planet."

- Mike McCreless, Executive Director, Impact Frontiers

"Most investors can’t tell you if their investments have had a positive impact on people and the planet, let alone if positive impact is correlated to financial return. It’s time to empower investors with this information to enable greater change.  Rally is thrilled to convene this important conversation with the IMP, our partners and Canadian investors in Impact Frontiers. This practical, applicable approach will support investors to learn, build and invest better."

- Kelly Gauthier, Managing Director and Partner, Rally Assets

"The Responsible Investment Association has a vision to align capital with sustainable and inclusive development as codified in the Paris Agreement and the UN Sustainable Development Goals. Impact investing and collaboration are going to play an important role in achieving these objectives, so we are pleased to support the Impact Frontiers program as it will foster collaboration and strengthen impact measurement practices in Canada."

- Dustyn Lanz, Chief Executive Officer,  Responsible Investment Association

"By making impact management strategies accessible to capital allocators across the country, Impact Frontiers will help move the Canadian investing landscape forward in demonstrating impact at a time where the imperative has never been stronger. MaRS is excited to be a part of helping this innovative program contribute to a vision for economic growth in Canada that is sustainable and impact-driven."

- Jason Sukhram, Senior Manager, MaRS

"Ensuring that we properly design the practice of impact measurement and management for Canada is instrumental to the success of our market. There's no better way to do this than by bringing in voices from across the country. Impact Frontiers' approach to ecosystem building, collaboration, and learning represents an important step towards advancing our ability to measure and manage impact. We're extremely excited to be part of Impact Frontiers and look forward to working with everyone involved."

- Bruno Lam, Manager of Research & Operations, Canvas

Let's connect

While the cohort is not accepting new members at this time, please connect with us if you've questions about the program.

Impact Frontiers is a global initiative. The first Impact Frontiers ran from 2018-2020 in the US. This initiative in Canada (2021-2022), co-convened with Rally Assets, builds on that important work.