IRIS+ and 2X Challenge Gender Lens Indicators
The GIIN and CDC (acting on behalf of the Gender Finance Collaborative), and the 2X Challenge teams worked collectively to align the 2X Challenge indicators to IRIS metrics. The resulting IRIS+ system is a foundational gender lens investing framework, which a JEDI lens can be layered upon.
The Women’s Empowerment Principles Gender Gap Analysis Tool
What is your company doing to advance gender equality? Identify strengths and areas where further action can be taken with WEP’s tool, a foundational gender lens investing framework upon which to layer on a JEDI lens.
Equileap Gender Equality Scorecard
The Equileap Gender Equality Scorecard is an example of a gender-focused frameworks where a JEDI lens can be integrated. For each gender criterion, one or several metrics have been identified to evaluate it. Last, a score and weighting has been allocated to each criterion to reflect that some issues may be more important for furthering gender equality than others.
A Guide to Investing in First-Time Women and Diverse Fund Managers
This guide from GenderSmart is a tool to help asset allocators and advisors - as well as fund managers - be inspired by the investors leading the way, understand the structural solutions to backing more of these funds and structured vehicles, find deal flow, and understand how to diligence and move capital into these innovative managers. While the guide focuses largely on gender, a JEDI lens can be easily integrated.
Fund Manager’s guide to gender-smart investing
Part of the CDC’s Gender Toolkit, this is an example of a gender-focused framework where a JEDI lens can be integrated.
Investing in Women for the Future of Southeast Asia
Sweef Capital’s Gender ROI™ is an example of a gender-focused frameworks where a JEDI lens can be integrated. Capital can empower the voices of equality and enable women to realise their potential as leaders of economic and social development and agents of change in their communities. The disruption ahead is a major shift in recognising the power of women taking charge of their futures, which will unlock significant new value.
The GIIN Racial Equity Theme
GIIN's IRIS+ Racial Equity theme consists of three Strategic Goals:
Shifting Power by Addressing Racial Bias and Ensuring Equitable Representation and Decision-Making;
Shifting the Perception of Risk through Equitable Deal Sourcing, Due Diligence, and Terms;
Increasing Inclusive Capital to Create Equitable Outcomes for Communities of Color (Justice)
These goals have been designed to apply to the full spectrum of investors, and support the intentional integration of racial equity awareness and action in their investment strategies, portfolio decisions, and evaluation of their return on investment.
Addressing Capital’s Effects on Racial Justice: How Investments Drive Injustice and What Investors Can Do About It
Also focused on impact, social inclusion and justice, this Transform Finance research outlines indicators around : i) job access and quality, ii) availability of funds for an emergency, iii) health outcomes, iv) access to good and affordable education, degree of career growth and many others
Inclusive Economy Indicators: Framework & Indicator Recommendations
Grounded in social impact, this Rockefeller research defines inclusive economies as those that “expand opportunities for more broadly shared prosperity, especially for those facing the greatest barriers to advancing their well-being”. It identifies five critical characteristics: equitable, participatory, growing, sustainable, and stable. Indicators include:
Education sector: Percentage of students with higher educational attainment than their parents (disaggregated by gender, race)
Equitable wealth: Ratio of income/consumption of highest to lowest quintile, highlighting the extent of inequality between income classes (disaggregated by gender, race)
Percentage of informal workers
Financial Services Skills Commission’s Inclusion Measurement Guide
This inclusion measurement guide is split across 4 levels based on the maturity of the inclusion measurement already in place in organisations. There are three types of measurement tools included in the guide: questions to be included in engagement surveys or inclusion surveys to measure inclusion; examples of data tracking which can be built into existing structures; and free text questions which can be included alongside any of the questions.
Measurement Framework for Equality and Human Rights
This measurement framework from the UK Equality and Human Rights Commission uses five different components of evidence collection and analysis – protected characteristics; socio-economic group; geographical analysis; people at higher risk of harm, abuse, discrimination or disadvantage; and intersectionality - over six domains (Education, Work, Living standards, Health, Justice and personal security, and Participation).
Increasing Inclusive Capital to Create Equitable Outcomes for Communities of Color
This resource includes an overview of the approach for achieving this Strategic Goal, supporting evidence, core metrics that help measure performance toward goals, and a curated list of resources to support collecting, reporting on, and using data for decision-making.
The 2020 Belonging Pledge – A Commitment to Advance Racial Equity
“We commit to discussing racial equity at our next investment committee meeting. We will move our agenda forward on this. We will share our next steps and results (perhaps privately), so that we can help to identify industry-wide barriers and the technical resources required to advance the practice of investing with a racial equity lens.” -Confluence Philanthropy
Impact Management Project (IMP) Glossary
A comprehensive impact management glossary with hundreds of terms and counting. When it comes to managing impact, many terms mean different things to different people, or different words are often used to mean the same thing. This glossary attempts to clarify the similarities and differences in language usage among a number of impact-focused disciplines that often interact.
Racial Equity Investing: The Time Is Now
This report from Cambridge Associates discusses the renewed sense of urgency around racial equity investing and puts forward three actions investors can take to address the inequities inherent in our society.
How Can Investors Help Confront Racial Injustice?
This impact brief from Zevin Asset Management is an update of their original call to action and a review of their continuing work to build an awareness of racial justice into investment — both as an analytical lens and an economic reality. Doing so helps to protect the value of their portfolios and channel their clients’ voices to help create positive change.
Racial Inequality is a Business Risk
The events of 2020 drew heightened attention in corporate America to the issue of economic inequality. Following the protests across the United States sparked by the murder of George Floyd at the hands of Minneapolis police officers, nearly half of the companies in the S&P 500 issued public statements denouncing discrimination or pledging a review of policies and practices related to diversity and inclusion, according to an S&P Global Ratings report. Simply recognizing the problems of racism and inequality, however, is not enough. The private sector can play a leading role in addressing social issues, and investors can help lead the charge. Investors should integrate the risk posed by economic inequality into their investment decision-making and hold portfolio companies accountable for addressing this critical issue. Inaction on these fronts can have financially material effects that undermine corporate value and threaten fund performance.
Think racial and ethnic diversity is better in impact and ESG investing? Think again...
In this article from Responsible Investor, Paul Hodgson explores the progress being made on diversity and inclusion in the sustainability world.
The United States Prosperity Index 2021
The Legatum Institute’s United States Prosperity Index provides a comprehensive picture of prosperity for the 50 states of the Union and Washington D.C., as well as the 1,196 counties of 12 selected states: California, Colorado, Florida, Georgia, Iowa, Kentucky, Minnesota, Montana, Nebraska, New York, Oklahoma, and Texas.
Action for Racial Equity
In 2020, Citi and the Citi Foundation announced Action for Racial Equity, a comprehensive set of strategic initiatives that harness the core capabilities of each institution to help close the racial wealth gap in the U.S. The intiative's website provides updates and key statistics.