GIIN's IRIS
IRIS+ provides streamlined, practical, how-to guidance on integrating social and environmental factors into investment decision making. It is free to use.
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OVERVIEW
The IRIS+ System is a comprehensive framework developed by the Global Impact Investing Network (GIIN) to assist investors in measuring, managing, and optimising their social and environmental impact. It offers a structured approach to integrating impact considerations into investment decisions, alongside financial factors.
The system provides a set of tools and guidance that translate impact intentions into measurable outcomes. It includes the IRIS+ Core Metrics Sets, which are evidence-based indicators aligned with common impact themes and the United Nations Sustainable Development Goals (SDGs). These metrics enable investors to assess and compare the impact performance of their investments consistently.
For finance professionals, IRIS+ offers several benefits:
– Standardisation: It provides a common language and set of metrics for impact measurement, facilitating consistent reporting and comparison across investments.
– Guidance: The system offers practical, how-to guidance for integrating impact considerations into investment processes, aiding in the development of impact strategies and setting measurable goals.
– Data clarity: By increasing data clarity and comparability, IRIS+ supports informed decision-making and enhances transparency in impact reporting.
By utilising IRIS+, finance professionals can enhance their ability to evaluate and manage the social and environmental outcomes of their investments, aligning financial performance with broader impact objectives.