NCIF partners with IRIS in our impact measurement initiatives. Our Social Performance Metrics are fully mapped to IRIS's standardized catalogue of metrics for impact investors. IRIS is an intiative of the Global Impact Investing Network ("the GIIN"). Learn more.
NCIF pioneered the creation of its Social Performance Metrics (SPM), a quantitative and qualitative set of metrics to evaluate the social performance of banks. In an effort to standardize taxonomy, measurement and possible rating, NCIF has harmonized its data collection efforts with the IRIS global standards.
This will help provide consistency in reporting across the industry for Community Development Banking Institutions (CDBIs) and hence assist investors, regulators, and other stakeholders to use this data in an effective way. In addition, the tools can be used by the banks themselves to benchmark their social performance to strengthen the sector. IRIS users can reference the NCIF SPM to learn about reporting performance consistently with IRIS and best practices for community banks.
See NCIF's IRIS Registry profile for more details about our involvement.