Impact Measurement

As a GIIRS Pioneer Fund, Mergence is committed to reporting social and environmental performance alongside financial returns. Mergence will utilise the new Impact Reporting & Investments Standards [IRIS] 2.0 taxonomy for impact measurement, and the Global Investing Reporting Standards [GIIRS].

 

Impact Reporting & Investment Standards [IRIS]

IRIS provides an independent, standardised set of metrics for organisations to track their impact. The benefits of adopting standardised social and environmental performance measurement include credibility, comparability, and consistency. Representatives on the various IRIS committees include the International Finance Corporation [IFC], the World Resources Institute [WRI], Deloitte, PriceWaterhouseCoopers, the Gate's Foundation, the Calvert Foundation and the Acumen Fund.

 

Global Impact Investing Ratings System [GIIRS]

GIIRS assesses the social and environmental impact of companies and funds using a ratings approach analogous to the S&P credit risk ratings. Driven by IRIS, GIIRS provides transparent and independently governed company and fund impact ratings. Representatives on the various committees and working groups of GIIRS include Goldman Sachs, JP Morgan, Prudential, Bank of America, Moody's Corporation, Risk Metrics, Bernstein Global Advisors, Harvard University and the Rockefeller Foundation.

Investment Managers