Release of Joint Indicators for Impact Measurement
IFC and the GIIN harmonize impact standards-
The Joint Impact Indicators (JII) from the Global Impact Investing Network and International Finance Corp. bring together the GIIN’s IRIS catalog with IFC’s Harmonized Indicators for Private Sector Operations (HIPSO), which cover gender, equality, jobs, and climate.
The JII will help reduce reporting burden on investee companies and increase the availability of comparable impact data to inform decision-making. By setting clear and common indicators, the JII will help capture the economic, social, and environmental impacts of investments, allowing investors to improve their effectiveness, transparency, and accountability.