Hoping to be a one-stop shopThe Global Impact Investment Network, a nonprofit advocacy group, has operated the IRIS rating system for the past decade. The new version, IRIS Plus, is meant to translate impact investing goals like gender equity, climate change and affordable housing into results, said Amit Bouri, the chief executive of GIIN. The revised IRIS system is also an acknowledgment that impact investors want more ratings they can act on, he said. “Before, the people doing impact investing were do-gooder organizations by design,” Mr. Bouri said. “When I fast-forward to today, and I have a conversation with the chief investment officer of an investment fund or the chief executive of an asset manager, they all want to talk about impact investing.

Source: New York Times May 03, 2019 13:00 UTC