Standardized impact metrics are becoming an investor benchmark

Evidence

Such is the objective pursued by the Impact Reporting and Investment Standards (IRIS), issued to create a common framework of definitions and management of the performance for ”impact investors”. Currently, these criteria are gradually becoming established as a benchmark for impact reporting to major investors such as JP Morgan and Cre´dit Suisse. All reports prepared in compliance with these specific metrics are collected in an Impact Base, which is a database managed by the Global Impact Investing Network. — Ève Chiapello, Financialisation of Valuation, 72

Categorization

• CANDY: A quick factoid for finance people: JP Morgan and Crédit Suisse benchmark against IRIS impact metrics.
• ADDENDUM: Extends the financialization-of-value thread running through the reader’s existing infrastructure/sacrifice essays.
• XREF: connects to: Investor-style valuation techniques now shape public policy with coercive force — Ève Chiapello, Financialisation of Valuation, 108; Managers benchmarked to an index converge on closet indexing to avoid career risk — Donald MacKenzie, An Engine, Not a Camera: How Financial…, 381

Broader Connections

• Managers benchmarked to an index converge on closet indexing to avoid career risk #exemplifies (0.75) — Donald MacKenzie, An Engine, Not a Camera, 381
• Investor-style valuation techniques now shape public policy with coercive force #expands (0.72) — Ève Chiapello, Financialisation of Valuation, 108