Describes the compensation practices for members of the board of directors or other governing body of the reporting organization.
Organizations should footnote details on the remuneration provided. See usage guidance for further information.
This metric is intended to capture the compensation paid to members of the organization’s board of directors, a group of individuals legally responsible to govern a corporation and responsible to the shareholders and other relevant stakeholders. A governing body with a different name (e.g., "advisory body") may be considered a Board of Directors provided it has a fiduciary and/or social responsibility to shareholders and/or other relevant stakeholders.
Organizations should only report remuneration provided to members of the Board of Directors who are not paid employees of the reporting organization.
Examples of details to footnote on the type of remuneration provided include: yearly or monthly salaries, additional compensation for meetings attended, stock options, insurance, and other benefits.
Metrics identified as "cross-category" are those that are relevant to any IRIS+ Impact Category or Impact Theme (i.e., these metrics are not specific to any particular industry/category or theme).
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
January 2020 - IRIS v5.1 Released
No change.
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Material change. Metric definition language and reporting format modified to maintain consistency with changes to IRIS structure.
March 2014 - IRIS v3.0 Released
New metric. Board of Directors Remuneration (OD3292) was developed via the IRIS Taxonomy Group.
IRIS Metrics Work Better in Sets
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).