The Global Impact Investing Rating System: GIIRS
Geschreven op 10-10-2010 - Erik van Erne. Geplaatst in InvesterenImpact investments aim to solve social or environmental challenges while generating financial profit. Impact investing includes investments that range from producing a return of principal capital (capital preservation) to offering market-rate or even market-beating financial returns.
Although impact investing could be categorized as a type of “socially responsible investing,” it contrasts with negative screening, which focuses primarily on avoiding investments in “bad” or “harmful” companies – impact investors actively seek to place capital in businesses and funds that can harness the positive power of enterprise.
The impact investing industry is facilitating investments that are not only socially responsible, but which also actively create positive social and environmental impact. In order to scale the impact investing marketplace, investors require an independent third-party impact ratings product that is comparable, transparent, and easy to use. GIIRS, a project of the independent non-profit B Lab, will assess the social and environmental impact (but not the financial performance) of companies and funds using a ratings approach analogous to Morningstar investment rankings or S&P credit risk ratings.
GIIRS will include the following features: Company Ratings and Fund Ratings; Ratings in developed and emerging markets globally; Aggregate ratings, as well as ratings within numerous impact areas and industry sectors; Social and environmental performance metrics and key performance indicators specific to different industries, impact areas, and investor preferences; and Benchmarking and analytics for longitudinal comparability.
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