Bridges Ventures Impact Report December 2011
Measuring impact is often subjective and difficult to quantify. However, it is encouraging to see a range of third-party measurement systems and benchmarks increasingly gaining support from the impact and sustainable investment community.
– The Impact Reporting and Investment Standards (IRIS), backed by the Rockefeller Foundation and the Global Impact Investing Network (GIIN) provides a framework made up of a number of indicators designed to apply across sectors and geographies. We are in the process of upgrading our IMPACT Scorecard to conform with the IRIS standard measures.
– The Global Impact Investing Rating System (GIIRS) aims to create a globally applicable ratings system or assessment framework to ensure impacts by one company can be directly compared to another.