Also known by its acronym “IRIS”, this is a catalog of generally-accepted metrics developed by the Global Impact Investing Network (“GIIN”) used by impact investors and social enterprises to measure and report on their social, environmental and financial performance.
They were made so that different businesses and ventures could be compared “apples to apples.” For example, if two companies report “jobs created” or “greenhouse gas emissions avoided” and both use the same IRIS definitions, it will be easier to compare how well they did compared to each other.