B Lab Honors World’s Leading Impact Investors Using New GIIRS System
Friday, December 9, 2016
B Lab, in partnership with B the Change Media, announced today the honorees of the 2016 Best for the World Funds, celebrating 50 impact investment funds that have created exceptional social and environmental impact, including in areas of microfinance and technology.
All Best for the World Funds have been given a GIIRS (Global Impact Investing Rating System) Rating, the gold standard in impact measurement within the impact investing community. Developed by B Lab, the GIIRS certification allows investment managers to measure, manage and benchmark the total impact of their portfolio’s companies using the B Impact Assessment.
“We developed the GIIRS system in response to the desire for a standardized way to measure the social and environmental impact of investments,” says Andrew Kassoy, a co-founder of B Lab. “We believe that you can’t manage what you don’t measure and are proud to honor members of the impact investing community that have committed to doing so.”