What ratings products are available for companies seeking investment capital?
GIIRS offers a company seeking investment capital a rating of its social and environmental impact including:
- an overall rating;
- ratings in approximately 15 sub-categories;
- key performance indicators (KPI's) relevant to the company's industry, geography, size, and social mission; and benchmark data highlighting a company's performance as compared to its peers.
What is the value of a GIIRS rating for companies?
- Fundraising: GIIRS-rated companies can use their ratings to raise capital from mission-aligned investors, including angel investors, debt or equity funds and institutional investors. For a company in the marketplace raising capital, a GIIRS rating demonstrates impact achieved and specific social and/or environmental impact areas of excellence using a standardized impact assessment adopted by leading impact investors.
- Enhanced Visibility: All GIIRS company ratings are visible to GIIRS Analytics subscribers, including investment fund managers, large institutional investors, foundations, multi-lateral development institutions, angel investors and investment advisors. Leading angel groups and private equity exchanges such as Investors' Circle, Mission Markets, and the Social Venture Exchange have adopted GIIRS as a listing requirement.
- Performance Tracking & Industry Benchmarking: GIIRS provides companies a way to measure overall company social and environmental performance over time as well as performance within specific impact areas over time. By undergoing an independent assessment of strengths and weaknesses, company managers will have new information to manage operations, set goals and improve future performance.
- Reporting: GIIRS provides companies an efficient process for managing and reporting impact data. Impact ratings and metrics are easily reported to investors through distribution of an annual detailed GIIRS Rating Report.
- Leadership: By committing to being GIIRS rated, a company joins a growing list of prominent funds and companies which are helping shape industry standards for impact investing. Early GIIRS-rated companies qualify for lifetime Pioneer Company status.
- Industry Standards Adoption: Through GIIRS's partnership and use of IRIS compliant metrics and definitions, any GIIRS-rated company automatically adopts the Impact Reporting and Investment Standards (IRIS) and supports industry-wide initiatives for comparable definitions and data.
- Fulfill the B Corporation Certification Requirements: Companies that score at least an 80 on their GIIRS Assessment are eligible to pursue B Certification. To learn more about B Certification visit: www.bcorporation.net
What companies have received GIIRS ratings?
Today there are over 450 certified B Corporations, which have completed a B Impact Ratings System assessment. View the B Reports of these companies. Beyond the certified B Corporation community and additional 6,000 companies have accessed the B Impact Ratings System. In January, 2011 the approximately 200 portfolio companies associated with the GIIRS Pioneer Funds completed and provided feedback on version 3.0 of the B Impact Ratings System. These 200 companies will recieve GIIRS ratings starting in October.
