Insights

Terra Alpha Receives High Impact Authenticity and Execution Marks from Impact Evaluation Lab

In 2024, Terra Alpha was among the first cohort of impact firms assessed by Impact Evaluation Lab (IEL) in their effort to create a new framework for evaluating funds that claim to have impact. Founded to help inform asset owners with growing interest in impact investing, IEL aims to bring greater standards, discipline, and accountability to assess the viability of a fund’s impact strategy and the firm’s actual execution to deliver their stated impact goals.

Terra Alpha received an IEL Impact Authenticity Score of 87 out of a possible 100, and an Execution Score of 97. We were recognized for our “rigor and thoroughness in incorporating impact through the investment process.”

Following the evaluation, our Co-Founder and CIO, Tim Dunn, joined IEL’s CEO Terry Keeley for a video discussion on sustainable investing in public equity markets.

“I did not expect Terra Alpha to come through our process as well as you did, Tim, I really didn’t.” Terry admitted. “I have been skeptical about public equity funds. I am thrilled to eat my words…I think there are a lot of people who claim to do what you do and don’t do it.”

Terry also dove deeper in a companion article, “Can Public Equity Funds Have Impact?” where he reflects on Terra Alpha as a firm not merely claiming to make a difference, but consistently doing the hard, disciplined work to align financial performance with real-world environmental outcomes – demonstrating that public equity can be a powerful lever for meaningful change.

At Terra Alpha, we believe large companies have the potential to drive significant change – which is why we engage with them directly, encouraging progress toward a more sustainable future. In the article, Terry explores how our investment approach aims to deliver competitive financial returns, superior environmental outcomes, and real-world impact.

Read the Full Article: Can Public Equity Funds Have Impact?

Watch the Interview:

We encourage our readers to visit Impact Evaluation Lab’s website to learn more about the evaluation process.