Alice Chapple is an economist and a specialist in impact investment and impact assessment. She established Impact Value in October 2012. She has spent her career working to find ways in which companies and investors can have a meaningful impact beyond financial returns. In recent months, Alice has worked with funds to design impact assessment frameworks for investments in 'inclusive' or pro-poor businesses; with commercial companies to evaluate their impact in developing countries; with foundations to assess the impact of their portfolios; and with NGOs to explore the structural barriers that exist to prevent capital flowing to areas that create the most positive social and environmental impacts.
Before establishing Impact Value, Alice worked as Director of Sustainable Financial Markets at Forum for the Future. She worked on projects exploring the scope for innovative financial instruments, more effective valuation techniques, better risk assessment, and longer-term investment strategies. Areas of research while at Forum for the Future included finance for clean technologies, sustainability reporting, the market potential for impact investment, the future of social impact bonds, and structural barriers preventing the transition to a low-carbon economy. She worked with a wide range of organisations including Aviva Investors, Barclays, the Co-operative Group, the Department for International Development, Friends Provident Foundation, Actis and the Rockefeller Foundation.
Prior to Forum for the Future, she worked for many years at UK development finance institution CDC as financial analyst, fund manager and social and environmental advisor. In the late 1990s, she established a programme for evaluation of development impact and in the 2000s she designed processes for fund managers to assess the environmental, social and governance (ESG) aspects of their investments.
Alice is also a Director of a not-for-profit organisation established to align capital markets with efforts to tackle climate change. The first project is the Carbon Tracker Initiative.
Alice has an MA in Economics from Cambridge University and is a chartered accountant.