A new era for social investing: GIIRS
I recently wrote about a new global rating system for social enterprises, called Global Impact Investment Rating Systm (GIIRS), that could really shake up the world of social investing. It’s on the agenda at the Social Capital Marketsconference in San Francisco in early September. It’s an important step and merits more discussion. The goal is to allow major investors–institutions, family offices and so on–to determine whether they’re going to get their money’s worth. That is, they can use GIIRS to compare the potential social and environmental impact of various companies they’re considering as investments.
http://trueslant.com/annefield/2009/08/12/a-new-era-for-social-investing-giirs/
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