> For the complete documentation index, see [llms.txt](https://wiki.oikos-international.org/sustainable-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.oikos-international.org/sustainable-finance/activities/workshops/integrated-capital-game/impact-covenants.md).

# Impact Covenants

**ANTI-DISPLACEMENT PRACTICES** Require that real estate investments do not displace local residents and businesses, thereby contributing to accelerated speculation and gentrification.

**COMMUNITY EMPLOYMENT** Require a percentage of jobs to be created and sustained from target populations (e.g. returning citizens, immigrants and refugees, neighborhood workers, etc.).

**COMPENSATION RATIO** Cap the difference in total compensation between the highest paid and lowest paid workers in an enterprise.

**DISTRIBUTED OWNERSHIP** Require a percentage of enterprise ownership to be distributed to workers.

**GENDER EQUITY** Designate a percentage of board seats, management and/or staff to be filled by women based on recruiting and retention efforts.

**LIVING WAGE** Require wages to approach, meet or exceed a calculated wage target that covers the cost of living in the enterprise's Community.

**PROCUREMENT: EQUITABLE** Require a percentage of supplier relationships or dollars to come from enterprises owned by people of color and/or women.

**PROCUREMENT: LOCAL** Require a percentage of supplier relationships or dollars to come from local providers.

**RACIAL EQUITY** Designate a percentage of board seats, management and/or staff to be filled by people of color based n recruiting and retention efforts.

**WORKPLACE DEMOCRACY** Require the creation or maintenance of internal systems that distribute information and decision-making power among staff (e.g. cooperatives governance, participatory decision-making, open book accounting, etc.).