Proven impact
DWM’s investment products meet rigorous, institutional-quality financial standards and the highest impact standards.

DWM has been at the forefront of impact investing in emerging markets for more than two decades.
Our singular dedication to impact investing means that investing for measurable social, environmental and economic progress is not a side mission. DWM believes that by understanding the needs of underserved segments of society, investors can bring about positive change—and do so while achieving risk-appropriate returns that can unlock capital even from sources whose central mandate is not impact.
“In our view, impact is never ‘competing’ with financial returns, because a strong return proposition naturally coincides with addressing underserved areas of an economy. You must vet the business—as we do—for impact alignment and financial strength.”
–Peter Johnson, Co-Founder and Managing Partner
“In our view, impact is never ‘competing’ with financial returns, because a strong return proposition naturally coincides with addressing underserved areas of an economy. You must vet the business—as we do—for impact alignment and financial strength.”
–Peter Johnson, Co-Founder and Managing Partner
Proven impact
To ensure that capital is invested in businesses with strong alignment with DWM’s impact goals, DWM engages in extensive impact-related due diligence and post-investment impact monitoring and assessment. This process includes the proprietary DWM Impact Questionnaire & Scorecard, which gathers more than 150 data points across six vectors.
DWM Impact Questionnaire & Scorecard assessment
- Outreach to underserved segments of society
- Client benefit and welfare
- Governance
- Environmental policies
- Gender equity
- Responsibility to stakeholders, community and staff
- Contributions to the UN Sustainable Development Goals
100%
of entities funded by DWM identify alignment with at least one of the UN Sustainable Development Goals (SDGs).
93%
identify alignment with two or more of the UN Sustainable Development Goals (SDGs).
54%
identify alignment with five or more of the UN Sustainable Development Goals (SDGs).
The most frequent areas of impact for DWM investments
Small & Medium Enterprises
Financial Inclusion
Women’s Economic Opportunity
Water & Sanitation
Housing
Renewable Energy
Displaced People
Education
Agriculture
We’re dedicated to achieving and demonstrating impact
With our proprietary impact assessment protocols, incorporation of external impact-assessment frameworks, and ongoing DWM monitoring and reporting, DWM sets a high standard for impact achievement and transparency.
DWM is a signatory to the Operating Principles for Impact Management (OPIM), inaugurated in 2019, and one of the earliest to obtain an independent audit of our fulfillment of these principles. DWM’s most recent independent audit by BlueMark earned DWM a spot on BlueMark’s Practice Leaderboard , indicating top-quartile ratings across all the Principles.
DWM is also an early signatory to the Net Zero Asset Managers Initiative, launched in late 2020, signifying our commitment to investing aligned with the goal of net-zero greenhouse gas emissions by 2050.
“The DWM team’s ethos of openness and dedication to learning and improvement are crucial for raising the bar on best practice in the market.”
–Sarah Gelfand, BlueMark President
Impact partners
DWM collaborates with partners worldwide to contribute to the development of a more effective, transparent and sustainable impact investing industry.