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IRIS+ and Toniic

Original alignment date: 2012

Core “cross-portfolio” metrics and additional sets of “sector-specific” metrics used by Toniic members for early stage enterprises.

Toniic is a global network of impact investors, both individuals and institutions, focused on funding and nurturing early-stage social enterprises. In order to create a shared framework for its members to use when collecting and reporting their impact performance, Toniic identified five core “cross-portfolio” IRIS metrics and an additional set of core “sector-specific” IRIS metrics that it recommends its members use in addition to thematic metrics set. Toniic established these recommendations based on analyses of investments made by the members.