GIIRS: Rating and analytics for impact investing
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Transcript of GIIRS: Rating and analytics for impact investing
You Be the JudgeOctober 23, 2012
is powered by
a 501(c)3 non-profit that supports the world’s leading entrepreneurs using business to solve social and environmental problems
What are you passionate about?
Fair
Trade
Local
Employee Ownershi
p
Green
Diversity
What does impact mean to you?
What does it mean to invest with impact?
Impact investments are investments made into companies, organizations, and funds with the intention to generate measurable social and environmental impact alongside a financial return.~The GIIN
Ecosystem
Impact Investin
g
Entrepreneurs
Fund Mangers
Advisors
Exchanges
Incubators &
Accelerators
Investors & Investor
Associations
Banks
The Invisible Hand
• Analog = GAAP or IFRS• IRIS is a set of standardized metrics that can be used to describe an organization’s social, environmental, and financial performance
GIIRS Ratings & Analytics
• Analog = S&P • Ratings, data, research, &
analytics• Largest database of social &
environmental performance data for private companies
• Only ratings product focused on impact investing that is:– Available cross-sector, geography, &
company size
– Transparent, comprehensive, independent, & verified
Why Ratings & Analytics Matter To Companies, Funds, & Investors
1. 3rd Party Validation
2. Collecting & verifying impact data
3. Benchmarking & reporting performance to investors
4. Improving impact performance
5. Conducting due diligence
6. Fundraising
Data Collecti
on
Ratings
Analytics
How GIIRS Approaches Measuring Impact
• Comprehensive• Comparable• Scalability & Action-Oriented• Leverages 3rd Party Standards• Education & Management Tool• Transparent• Dynamic
A Standard Is Only As Good As Its Governance Process …
Continue
Feedback
Collection
SAC Approve
s Changes
Private Beta
Public Beta
New Version Release
2-year cycle
Current Version =
3.0
Company Assessment
Company Assessment
Verification: Garbage In, Garbage Out
Review Call Background Check
Documentation Review
Onsite Review
Ratings
Data Collecti
on
Ratings
Analytics
Analytics
Data Collecti
on
Ratings
Analytics
GIIRS in CanadaFunds, Partners,
& InvestorsCompanies
• Hypothetical: Looking for project finance
• Certified B Corporation
Water Power Group develops community-based & community invested, carbon positive small hydro projects under the Ontario Feed-In-Tariff program.
• Hypothetical: Raising series A
• Has both a retail and a commercial product
Puralytics has pioneered an entirely new photochemical technology for water purification. Powered by the sun or LEDs, the Puralytics process effectively destroys the broadest range of contaminants without creating a hazardous waste disposal problem.
You Be the Investor
• Which company would you invest in based upon the information in the GIIRS ratings reports?
• What other information about the company’s impact would be useful for you to have to help you make an investment decision?
• You are focused on investing in companies that improve the environment & serve the poor
• You are a financial first investor
Capital To Impact
Impact Investi
ng
Reducing Inequality
Strengthening
Communities
Restoring the
Environment
Providing Quality Jobs