B Impact Assessment (and GIIRS Rating) Aligned Metrics

The B Impact Assessment (BIA) is a tool to assess a company’s overall social and environmental performance.  It does so by measuring the impact of a business on all stakeholders through an online, easy to use platform.  The BIA is a free, confidential service administered by the non-profit organization B Lab.  Companies and funds that use the BIA can be recognized for their performance by electing to become a certified B Corporation or Global Impact Investment Rating System (GIIRS) rated.

The BIA (and therefore GIIRS rating system) uses IRIS metrics in conjunction with additional criteria to come up with an overall company or fund-level rating, as well as targeted sub-ratings in the categories of governance, workers, community, environment, and socially and environmentally-focused business models. The BIA varies based on the sector and market in which the fund or company operates.

The table below documents the set of IRIS metrics that are included in the BIA for organizations operating in developed and emerging markets.

As with all IRIS metrics, it is important to state that interpretation of these metrics must also take into account other aspects of a company's context, and changes over time. Stand alone numbers cannot by themselves indicate positive or negative performance, or necessarily be compared across companies or products.

Financial Metrics

Data-compliant metrics tracked in the core B Impact Assessment, with a focus on financial performance.

Governance Metrics

Data-compliant metrics tracked in the core B Impact Assessment, with a focus on governance.

Worker Metrics

Data-compliant metrics tracked in the core B Impact Assessment, with a focus on employment practices.

Community Impact and Supplier Metrics

Data-compliant metrics tracked in the core B Impact Assessment, with a focus on the community impact of an organization, particularly through its supply chain.

Environment Metrics for Developed Markets

Data-compliant metrics tracked in the Development Markets B Impact Assessment, with a focus on the environmental practices of an organization.

Optional Business Model Impact Metrics

Optional metrics within the B Impact Assessment that organizations can choose to report based on their unique socially or environmentally-focused business model.