Number of new businesses created as a result of investments made by the organization during the reporting period.
New Businesses Created: Total (PI4583)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2020. New Businesses Created: Total (PI4583). v5.1.
Footnote
Organizations should footnote all assumptions used.
Usage Guidance
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This metric is intended to capture the number of new businesses as a function of economic activity.
Related metrics
This metric has 1 related submetrics.
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.5
- SDG Target 1.4
Industry, Innovation and Infrastructure
- SDG Target 9.3
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Metric History
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January 2020 - IRIS v5.1 Released (current version)
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
Immaterial change. Minor revision to metric name in order to align with the catalog's structure and style.
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March 2014 - IRIS v3.0 Released
No change.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
No change.
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September 2010 - IRIS v2.0 Released
Immaterial change. New Businesses Created (PI4583) replaced New Businesses (CD10). IRIS ID / metric name changed due to framework upgrade. Minor revision to definition language for clarity.
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September 2009 - IRIS v1.0 Released
New metric. New Businesses (CD10) developed via Original IRIS Working Group.
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To use IRIS metrics—and the resulting data—to understand impact performance, IRIS metrics should be used and analyzed in generally accepted sets and according to well-defined objectives. IRIS+ gives you access to generally accepted Core Metrics Sets aligned to common Impact Themes and Sustainable Development Goals (SDGs).