giirs: rating and analytics for impact investing
DESCRIPTION
2012 Social Finance Forum, Workshop: "Getting into GIIRS"TRANSCRIPT
![Page 1: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/1.jpg)
You Be the JudgeOctober 23, 2012
![Page 2: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/2.jpg)
is powered by
a 501(c)3 non-profit that supports the world’s leading entrepreneurs using business to solve social and environmental problems
![Page 3: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/3.jpg)
What are you passionate about?
Fair
Trade
Local
Employee Ownershi
p
Green
Diversity
![Page 4: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/4.jpg)
What does impact mean to you?
![Page 5: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/5.jpg)
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
![Page 6: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/6.jpg)
Ecosystem
Impact Investin
g
Entrepreneurs
Fund Mangers
Advisors
Exchanges
Incubators &
Accelerators
Investors & Investor
Associations
Banks
![Page 7: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/7.jpg)
The Invisible Hand
![Page 8: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/8.jpg)
• 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
![Page 9: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/9.jpg)
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
![Page 10: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/10.jpg)
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
![Page 11: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/11.jpg)
How GIIRS Approaches Measuring Impact
• Comprehensive• Comparable• Scalability & Action-Oriented• Leverages 3rd Party Standards• Education & Management Tool• Transparent• Dynamic
![Page 12: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/12.jpg)
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
![Page 13: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/13.jpg)
Company Assessment
![Page 14: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/14.jpg)
Company Assessment
![Page 15: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/15.jpg)
Verification: Garbage In, Garbage Out
Review Call Background Check
Documentation Review
Onsite Review
![Page 16: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/16.jpg)
Ratings
Data Collecti
on
Ratings
Analytics
![Page 17: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/17.jpg)
Analytics
Data Collecti
on
Ratings
Analytics
![Page 18: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/18.jpg)
GIIRS in CanadaFunds, Partners,
& InvestorsCompanies
![Page 19: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/19.jpg)
• 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.
![Page 20: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/20.jpg)
• 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.
![Page 21: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/21.jpg)
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
![Page 22: GIIRS: Rating and analytics for impact investing](https://reader034.vdocuments.us/reader034/viewer/2022051323/5484adeeb4af9f7d0d8b4c2a/html5/thumbnails/22.jpg)
Capital To Impact
Impact Investi
ng
Reducing Inequality
Strengthening
Communities
Restoring the
Environment
Providing Quality Jobs