A system of transforming inputs into outputs, outcomes and impacts that fulfill an entity’s strategic purpose. In the context of the SDG Impact Standards, this includes integrating impact management into decision-making and business models e.g. involving Stakeholders in decisions that impact them.

United Nations Development Programme. (2021). SDG Impact Standards
Glossary. https://sdgimpact.undp.org/assets/SDG-Impact-Standards-Glossary.pdf