IRIS is the catalog of generally-accepted performance metrics for the impact investing industry. Why IRIS?
One-stop-shop: By cataloging the most useful metrics from across the industry in one place, IRIS takes the guesswork out of which performance metrics to use.
Aggregate and Compare: By providing a standard common language to talk about results, IRIS makes it easier to compare investments and aggregate information across a portfolio.
Increase Credibility: 98% of investors recognize the importance of standardized metrics and over 5,000 organizations are using IRIS to evaluate, communicate and manage their social and environmental performance.
Reduce Reporting Burden: IRIS doesn’t reinvent the wheel and incorporates and aligns with widely accepted 3rd party standards wherever possible. Organizations can use IRIS as the anchor for their diverse reporting requirements.
Part of Solutions
- Using IRIS Metrics
- IRIS Case Study
Apart from maximizing its own impact through strategic investing and grant making in social enterprises, the KL Felicitas Foundation (KLF) is an early adopter of emerging standards measuring the impact of these investments. Because of its close relationships with the Rockefeller Foundation and the Global Impact Investing Network (GIIN), starting in 2009 KLF began applying the Impact Reporting and Investment Standards (IRIS) across its investment portfolios, and is using IRIS performance indicators as a key evaluation tool to identify new grants and investments.
- IRIS Impact Metrics Homepage
IRIS is managed by the Global Impact Investing Network (GIIN), a nonprofit 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.
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