Aeris is the information service for investors who champion economic justice in underserved markets. Since 2004, Aeris has provided data, analysis, and consulting to support investment in community development financial institutions (CDFIs). Its proprietary ratings help investors evaluate opportunities that meet their impact goals and risk parameters. More than 60 of the nation’s leading community investors subscribe to Aeris’ data and analysis products. For more information on Aeris, their rating and data tools, visit: www.aerisinsight.com.
U.S. Community Investment (USCI) has focused on providing access to credit and other financial services to underserved markets for decades, largely through CDFIs. As the number and size of CDFIs grows, there is a desire for additional sources of capital to spur investment in these markets from investors who share the goal of addressing social, economic, and environmental challenges through safe, impactful community investments.
The Aeris team undertook this partnership with the IRIS team in an effort to better connect impact investors to CDFIs by codifying a core set of IRIS-aligned metrics that are commonly reported by CDFIs and applicable to a range of community investments. While Aeris will begin collecting standardized data from CDFI loan funds in 2017 through the Aeris® Cloud, these metric sets are also broadly applicable to other community investors looking for standardized sets of IRIS metrics.