The Global Impact Investing Rating System (GIIRS, pronounced “gears”) is a system used to assess the social and environmental impact of companies and funds in developed and emerging markets. It uses a ratings and analytics approach similar to Morningstar’s investment ratings and Capital IQ’s financial analytics. Run by B Lab, GIIRS provides a series of tools that impact investors can use to aid them in making intelligent impact investing decisions. B Analytics, a tool launched in late 2014, is a customizable platform used to measure, benchmark and report on impact. Visit website.
Posts Tagged ‘certification’
ISO 14000 and its associated standards provide practical tools for companies focused on improving their environmental performance, including environmental management systems, life cycle analysis, and communication and auditing. The ISO site primarily serves companies looking to develop state of the art internal standards; investors may want to learn about the standards, but this is not a directory of companies that have adopted the standards. Visit website.
Green Seal develops life-cycle based sustainability standards for products, services and companies and offers third-party certification; website includes a directory of companies that have been certified. Visit website.
FairTrade.net features information on the fair trade issues for several key product categories, and links to Fair Trade organizations in many countries around the world. Their affiliated US partner is Fair Trade America, whose website includes a list of several dozen Fair Trade certified products available here. Another US group, Fair Trade USA, split off from the international group several years ago, and its site features a much larger list of products bearing its own certification label; see FairTradeUSA product guide.
Green Seal develops sustainability standards (based on life cycle) for products, services and companies. Green Seal offers third-party certification for those that meet the standards. The website includes a searchable database that can be filtered by type of product, broader categories, and manufacturer, as well as keywords. Green Seal also certifies lodging properties, cleaning services and restaurants. See website.
ULE 880 sets compliance standards in sustainability for manufacturers. A searchable database lets consumers or investors see what companies have certified products. The database offers the ability to search by manufacturer/brand, product and sub product, specific sustainability standards, and sustainable standards. See database.
Sustainable Forestry Initiative (SFI) is a labeling program that promotes sustainable forestry management, improved forestry practices and responsible purchasing of forest products. The label appears on a wide range of products, including furniture, printer paper, labels and packaging. The website includes a database of wood and paper products with SFI certification. Visit website.