The FinTech Impact Report: Working through the world’s to-do list #FinTechforImpact Defining impact against global goals Using the SDGs, we have devised a framework to assess the multi-faceted impact of FinTech in the UK across five impact categories: people, planet, place, productivity and peace 9 SDG Mapping The United Nations’ SDGs , established in 2015, are a comprehensive call to action aiming to eradicate poverty, safeguard our planet, and ensure PEOPLE prosperity and peace for all by 2030. As an unparalleled foundation for the assessment of impact, we organised the SDGs across five impact categories: people, planet, place, productivity and PLANET peace. Each category is directly and uniquely linked to the 17 SDGs, enabling us to holistically assess FinTech's influence on these underlying key areas. s eri A 500-strong representative sample of the UK’s biggest revenue generating go and most recently formed FinTechs was identified by The Data City. Then, ate PLACE delving beyond superficial assessments and internal operations, Vested Ct Impact assessed and mapped their business activities to the relevant UN SDG c pa targets, and we evaluated their broader societal and environmental Im contributions, and the communities they impact. PRODUCTIVITY Utilising Vested Impact’s proprietary algorithm, we analysed the depth of a company's impact based on the importance, value and effect of change the PEACE business activities contribute. This algorithm leverages over 300 million data points, including academic studies and scientific research, ensuring an evidence-based evaluation.10 If you wish to learn more about our approach, please see the Appendix. 13
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