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