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How to measure impact a work in progress
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Amit Bouri said the GIIN’s catalog of performance metrics, called IRIS+, gets its 17,000 users ‘speaking the same language.’
Institutional investors require certain tools for making decisions clear definitions of asset classes, performance benchmarks, ratings and ways to compare.
When it comes to impact investing, however, those tools are still works in progress.
In May, the Global Impact Investing Network released its Compass methodology to give investors insight into three critical impact performance figures: scale, pace and efficiency. It also makes it possible to compare impact results. The ultimate goal of the methodology is to help develop impact benchmarks, ratings and other tools.
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Global development groups including International Finance Corp (IFC) said they will explore helping African producers such as Aspen Pharmacare Holdings Ltd (APNJ.J) boost vaccine manufacturing in Africa, which received relatively few COVID-19 immunizations produced by rich nations. The news comes after the European