Architects of a "Social Investment Data Engine"
An article in the Financial Times (FT) features Rockefeller Foundation grantee GIIN -- The Global Impact Investing Network. FT reporter Tom Stabile explains how GIIN and its partners aim to introduce metrics that define the social benefit of investments. The core products of their work are the Impact Reporting and Investment Standards (IRIS), which is a common language and framework for measuring social and environmental performance of impact investments, the Global Impact Investment Rating System (GIIRS), which is an impact investment rating system, and Pulse which is a web-based portfolio management software application designed to help money managers track the socially positive impact of investments.
A new group is aiming to revolutionise the standard maths used to select investments for billions of dollars worth of assets by constructing a data engine that contrasts – and quantifies – the tangible social benefits of investing opportunities.
© Copyright 2010 Financial Times
