Impact Measurement FrameworkGlobal Impact Investment Report System (GIIRS)

Author(s): B Lab

Target Market: Corporate businesses, public agencies, small to medium enterprises, non-governmental organisations, industry groups

Overview: Provides a reporting framework with ratings across the following areas:

  • Community
  • Environment
  • Workers
  • Governance

Data Collection / Measurement Method:

  • Organisations complete an online questionnaire on http://giirs.org/
  • Undergo assessment review through providing documentation and on-site
  • Receive ratings report

Scoring Method: Ratings comprise percentile rankings benchmarked against other organisations. GIIRS is externally assessed by B Lab.

Key Points:

  • Cost based on revenue of the organisation being assessed
  • Can range between $500 – $25,000
  • Easy to implement and can be completed online within hours
  • Standardised metrics that can be easily benchmarked against other organisations