Impact Management Review
IRIS+
To measure & compare

IRIS+

A catalog of 600+ impact metrics from the GIIN—creating a “common language” for measurement.

Overview

IRIS+ is a catalog of impact-measurement metrics developed and maintained by the GIIN (Global Impact Investing Network). It consists of 600+ standardized metrics (IRIS Metrics) and theme-based metric sets (Thematic Taxonomy). With recommended metric sets for 14 themes—agriculture, education, energy, finance, healthcare, and more—it aims to create a “common language” of impact among investors, companies, and NPOs.

When to use it

  • When setting KPIs to explain to impact or ESG investors
  • When you want to compare and benchmark impact against other organizations
  • As reference metrics when starting KPI design from scratch
  • When preparing a report aligned with GIIN standards

How to use it

1
Clarify the impact goal

Define “what you want to change” in 1–2 sentences. This becomes the basis for selecting IRIS+ metrics.

2
Select a theme

Choose the closest of the 14 IRIS+ themes (agriculture, education, energy, etc.).

3
Review the Core Metrics

Refer to the recommended metric set (Core Metrics) for the chosen theme and select what you can measure.

4
Narrow to 3–5 core KPIs

Don’t try to measure everything. Set 3–5 that show the most important change as core KPIs.

5
Design the measurement & reporting cycle

Decide data-collection frequency, owner, and aggregation method, and build a quarterly/annual review.

Pros

  • ·Internationally recognized standard metrics lower the cost of explaining to investors and partners
  • ·With 14 themes and 600+ metrics, it covers almost any business domain
  • ·Free to use (via the GIIN website)
  • ·Designed to integrate with the IMP framework and B Impact Assessment

Cautions

  • ·So many metrics that choosing is hard; beginners struggle to narrow down
  • ·Metric definitions are English-based and may need interpretive adjustment in the Japanese context
  • ·IRIS+ does not cover the implementation (operational design) of data collection

Use cases

Impact-investment funds adopt it to standardize KPIs across portfolio companies
Social enterprises in healthcare and agriculture use it for impact-report metrics
Corporate ESG teams adopt it as a standard for supply-chain impact measurement