Measuring Impact and the Guidelines for Good Impact Practice were developed by the Impact Measurement Working Group of the Social Impact Investment Taskforce established by the UK’S presidency of the G8. It was co-chaired by the GIIN and New Philanthropy Capital (NPC).
Upcoming GIIN Webinar Series
The Global Impact Investing Network (GIIN) invites you to attend a webinar series on the findings from the Social Impact Investment Taskforce and insights from the four working groups—Impact Measurement, Asset Allocation, Mission Alignment, and International Development—which were created to address challenges critical to the advancement of impact investing. Click here for more information.
Reports from the Social Impact Investment Taskforce
On September 15, 2014, the Social Impact Investment Taskforce, established by the G8, launched a linchpin report and a suite of supporting materials to catalyze the global market for impact investing. Established in June 2013 at the G8 Social Impact Investment Forum in London, the Taskforce brought together a global group of thought leaders in government, finance, business, and philanthropy to make recommendations for market development.
SBA Identifies IRIS as the Preferred Means of Impact Measurement
The U.S. Small Business Administration (SBA) announced that fund managers applying to the SBA’s newly expanded Impact Investment Fund "must commit to measure their social, environmental or economic impact using an assessment system based on The GIIN’s Impact Reporting and Investment Standards." The initiative, which was launched in 2011 as part of the federal government’s efforts to support the growth and development of the United States’ impact investing industry, commits to make $1 billion available to licensed Impact Small Business Investment Companies (SBICs) over the course of five years.
GIIN Releases IRIS User Guide
The GIIN released Getting Started with IRIS, a guide to help impact investors select and apply social, environmental, and financial performance metrics from the IRIS catalog. IRIS contains more than 400 generally-accepted performance metrics, including metrics commonly used in impact sectors such as agriculture, energy, health, and financial services.