2012 Social Finance Forum, Workshop: "Getting into GIIRS"

1. You Be the Judge
October 23, 2012

2. a 501(c)3 non-profit that
supports the world’s leading
entrepreneurs using business to
solve social and environmental
problems
is powered by

3. What are you
passionate about?
Diversit
y
Local

4. What does impact
mean to you?

5. 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

6. Ecosystem
Entrepreneur
s
Fund
Banks
Mangers
Impact
Investing
Investors &
Investor Advisors
Associations
Incubators &
Exchanges
Accelerators

7. The Invisible Hand

8. • 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

9. 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

10. Why Ratings & Analytics Matter
To Companies, Funds, &
Investors
1. 3rd Party Validation
Data
Collection 2. Collecting & verifying impact
data
Ratings
3. Benchmarking & reporting
performance to investors
4. Improving impact performance
Analytics
5. Conducting due diligence
6. Fundraising

11. How GIIRS
Approaches
Measuring Impact
• Comprehensive
• Comparable
• Scalability & Action-Oriented
• Leverages 3rd Party Standards
• Education & Management Tool
• Transparent
• Dynamic

12. A Standard Is Only As Good
As Its Governance Process
…
Continue
Feedback
Collection
2-year
cycle New SAC
Version Approves
Release Changes
Current
Version =
3.0 Public Private
Beta Beta

13. Company Assessment

14. Company
Assessment

15. Verification: Garbage
In, Garbage Out
Background
Review Call
Check
Documentation
Onsite Review
Review

16. Ratings
Data
Collection
Ratings
Analytics

17. Analytics
Data
Collection
Ratings
Analytics

18. GIIRS in Canada
Funds, Partners, & Companies
Investors

19. Water Power Group develops
community-based & community • Hypothetical:
invested, carbon positive small Looking for project
hydro projects under the Ontario finance
Feed-In-Tariff program.
• Certified B
Corporation

20. Puralytics has pioneered an entirely new
photochemical technology for water
• Hypothetical:
purification. Powered by the sun or Raising series A
LEDs, the Puralytics process effectively
destroys the broadest range of
contaminants without creating a • Has both a retail
hazardous waste disposal problem. and a commercial
product

21. You Be the Investor
• Which company would you
• You are focused on
invest in based upon the
investing in
information in the GIIRS
companies that
ratings reports?
improve the
environment & serve
• What other information about the poor
the company’s impact would
be useful for you to have to • You are a financial
help you make an first investor
investment decision?

22. Capital To Impact
Reducing
Inequality
Providing Impact Strengthening
Quality Jobs Investing Communities
Restoring the
Environment

23. Please contact Beth Richardson at
beth@giirs.org with questions