Rating Services

Social Performance & Impact Rating

Our Social Performance & Impact Rating (SPIR) provides independent analysis to better understand how effective an organization is at translating its social mission into practice.

The SPIR is based on an analysis of the organisation's capacity and ability to oversee, manage and monitor its performance in its drive to achieve its social mission.

The analysis is based on 7 factors and more than 400 indicators, and it is fully aligned with the Social Performance Task Force’s Universal Standards for Social Performance Management and the Client Protection Principles.

7 factors of analysis:

1 - Social Mission
2 - Governance
3 - Beneficiary Focus
4 - Social Outcome or Impact
5 - Organization
6 - Environmental Concerns
7 - Financial Sustainability

Financial Sustainability Rating

Our Financial Sustainability Rating (FSR) provides independent analysis on long-term institutional viability and financial sustainability while at the same time integrating relevant social performance factors into the assessment such as client protection, governance, and environment.

The FSR assesses the organization’s financial strategy and operations to the extent they are aligned with its social mission or goals. The FSR captures the organization’s past financial performance, its current financial strength and risk factors. The assessment looks towards the overall sustainability and to what extent it balances the financial interests of all its stakeholders.

7 factors of analysis:

1 - Stakeholder Balance
2 - Effective Use of Financing Resources
3 - Capital Structure
4 - Asset Quality
5 - Management Strength
6 - Earnings Power
7 - Liquidity

Environmental, Social and Governance Rating

The Environmental, Social and Governance (ESG) ratings provides independent analysis about the environmental, social and governance performance and quality of ESG management of a company.

The ESG addresses issues such as corporate governance, including strategy and leadership, transparency or management of employees. Social criteria look to how effective the organization is translating its mission in the practice. With regards to the environmental criteria the rating looks at the organization policies, practices and environmental risks.

Factors being measured:

'E-dimension' or environmental criteria looks at how a company performs as a steward of the natural environment;
'S-dimension' or social criteria examines how a company manages relationships with its employees, suppliers, customers and the communities where it operates;
'G-dimension' or governance looks at a company's leadership, executive pay, audits, and internal controls, and shareholder rights.

Social Enterprise Rating

Social enterprises exist at the intersection of the traditional business, government, and non-profit sectors, aiming to address unmet needs and tackling social and environmental problems.

Our Social Enterprise Rating System (“SERS”) is a flexible tool to measure the social performance and impact of a social enterprise addressing the spectrum of nonprofit to for-profit entities.

3 factors of analysis:

1 - Mission Fulfillment: the capacity of identifying a problem, defining a mission statement, and formulating a response accordingly.
2 - Beneficiary Perspective: the approach towards the inclusion of the identified beneficiaries in its activities, as well as the matrix of benefits generated.
3 - Wider Impact: the additionality of the intervention vs the business-as-usual scenario, its impact multipliers, impact risk, innovative ideas, and responsible management.