Indicates whether the investing organization applied a racial equity–focused negative screen to all investments during the reporting period, including at least an analysis of potential harmful effects on communities historically marginalized due to race and/or ethnicity.
Racial Equity Negative Screen (ID0120)
- Reporting Format Yes/No
- Metric Type Metric
- Metric Level Investing Organization
- IRIS Metric Citation IRIS, 2022. Racial Equity Negative Screen (ID0120). v5.3.
Footnote
Organizations should footnote all assumptions used, including locally relevant definitions of historically marginalized groups due to race and/or ethnicity and which criteria led to exclusion from the portfolio.
Usage Guidance
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This metric is intended to capture whether the investing organization screens potential investees for practices, policies, or outcomes that are harmful to groups historically marginalized due to race and/or ethnicity.
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For further guidance and examples, see the IRIS+ Racial Equity theme as well as Adasina Social Capital (https://adasina.com/investments/) and FreeCap Financial (https://www.freecapfinancial.com/).
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This metric aligns with the Corporate Racial Equity Alliance’s (https://corporateracialequityalliance.org/) Investor Blueprint for Racial Equity and CEO Blueprint for Racial Equity (https://corporateracialequityalliance.org/2021-blueprint).
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.4
Zero Hunger
Good Health and Well-being
Quality Education
Gender Equality
Decent Work and Economic Growth
- SDG Target 8.5
Reduced Inequality
- SDG Target 10.2
- SDG Target 10.3
- SDG Target 10.4
Sustainable Cities and Communities
Responsible Consumption and Production
Peace and Justice Strong Institutions
Metric History
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June 2022 - IRIS v5.3 Released (current version)
New metric. Racial Equity Negative Screen (ID0120) was developed via the IRIS+ Racial Equity Expert Subgroup.