Sinzer recently announced the formal Data Partnership with the Global Value Exchange (GVE). We are presenting a series of blogs with more detailed information about the data sources GVE uses to extract outcomes, indicators and valuations from. This week we highlight the IRIS metrics from the Global Impact Investing Network (GIIN), which – through our new data partnership – can now be accessed through the Sinzer platform as well.
IRIS is managed by the GIIN, a non-profit organization dedicated to increasing the scale and effectiveness of impact investing. The GIIN offers IRIS as a free public good to support transparency, credibility and accountability in impact measurement practices across the impact investing industry. IRIS metrics (or indicators) are designed to measure the social, environmental and financial performance of an investment. The IRIS catalog contains a total of 488 indicators and is categorized into five sections, namely:
- Organizational description
- Product description
- Financial Performance
- Operational Impact
- Product Impact
The sections ‘Organizational Description’ and ‘Product Description’ contain general (descriptive) information. This may be useful for impact investors, but is not suitable to be used as indicators to measure change or impact using the Sinzer platform. The IRIS indicators part of the three other sections can be used to measure change and are linked to existing outcomes on the Global Value Exchange, which is now accessible through the Sinzer platform as well. These outcomes are all changes created or experienced by an organization (as a result of impact investment). The image below shows the outcomes that were linked to each section of the IRIS catalogue.
For more information on the IRIS metrics, click here. Are you interested to learn more about using these data in the Sinzer platform? We encourage you to request a free demo here.