Commitment to Action

Launch of GIIRS Ratings & Analytics

Commitment by

The Rockefeller Foundation, Global Impact Investing Rating System (GIIRS), Inter-American Development Bank, JPMorgan Chase & Co., B Lab

In 2011, B Lab committed to launch GIIRS (Global Impact Investing Rating System) Ratings & Analytics, with the support of 12 Pioneer Investors and Funders. GIIRS Impact Ratings will provide an assessment of companies' and funds' social and environmental impact, while GIIRS Analytics will provide a subscription-based analytics tool that enables industry-wide benchmarking, portfolio management, and due diligence screening. Through this commitment, GIIRS Pioneer Investors will declare an investment preference for GIIRS rated companies and funds, and will commit to utilizing GIIRS Ratings & Analytics across their existing and new impact investment portfolios, totaling $1.3 billion in impact assets under management. GIIRS Pioneer Funders have pledged $4 million in philanthropic funds to accelerate industry adoption and development of a robust analytics technology platform. In five years, GIIRS aims to provide Impact Ratings for more than 2,500 companies and more than 350 funds, providing more than 150 institutional and high net-worth investors, for the first time, the ability to benchmark social and environmental impact in the same way financial performance is benchmarked today.

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Overview
Summary

Commitment

Launch of GIIRS Ratings & Analytics

Launched

2011

Est. Duration

5 years

Estimated Total Value

$19,000,000

Region

Northern America

Countries

Global

Commitment by

The Rockefeller Foundation, Global Impact Investing Rating System (GIIRS), Inter-American Development Bank, JPMorgan Chase & Co., B Lab

Partner(s) of the Commitment Maker(s)

RSF Social Finance, Calvert Foundation, W.K. Kellogg Foundation, Armonia LLC, KL Felicitas Foundation, Capricorn Management LLC, The Tony Elumelu Foundation, Deloitte & Touche Llp, The Gatsby Charitable Foundation, The Annie E. Casey Foundation, Farm Credit Services, Prudential Financial, Inc., Impact Investing Foundation, Skoll Foundation