Number of female members of the organization’s investment committee as of the end of the reporting period.
Investment Committee Members: Female (OI8709)
- Reporting Format Unit Referenced within Metric Definition
- Metric Type Submetric
- Metric Level Organization
- IRIS Metric Citation IRIS, 2021. Investment Committee Members: Female (OI8709). v5.2.
Footnote
Organizations should footnote all assumptions used.
Usage Guidance
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This metric is intended to capture the number of members of the organization’s investment committee who are women. An investment committee is the governing body that is charged with overseeing investments and developing investment policies for board approval.
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To report against 2X Challenge requirements, organizations at which female investment committee members do not play an active role on the investment committee should not be counted. The share of women on the investment committee should also exceed the legal minimum for the organization’s domicile country.
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This metric is multi-dimensional with regard to the five dimensions of impact. It may help describe the WHO dimension when the stakeholder group represented by the metric is the stakeholder group targeted by the investment or organization. It may also help measure the HOW MUCH Scale dimension, which helps estimate the number of the targeted stakeholders experiencing the outcome. For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.
Related metrics
This is a submetric of Investment Committee Members: Total (OI7829), which has 0 other related submetrics.
Impact Categories & Themes
Cross Category
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).
SDG Goals & Targets
Gender Equality
- SDG Target 5.1
- SDG Target 5.5
Decent Work and Economic Growth
Reduced Inequality
- SDG Target 10.2
Joint Impact Indicators (JII)
Investment Committee Members: Female (OI8709) is required for Joint Impact Indicator: Number of Investment Committee Members who are Female.
JII definition: Number of female Investment Committee members who are counted as voting members of the investment committee of a Debt or Equity investment Fund or other Financial Intermediary as of the end of the reporting period.
JII guidance: This metric is intended to capture the size of the female representation on the investment committee of a financial intermediary or a general partner of a debt or equity fund. Practitioners will need to collect "Total Number of Investment Committee members" to get a percentage. Practitioners should avoid double-counting women who fill multiple roles within an organization by not aggregating HIPSO's "Number of Investment Committee members who are Female" with "Number of Women on the Board", "Number of Women in Senior Management", or "Female Direct Employment Supported (Operations and Maintenance)". Practitioners may also refer to specific gender leadership benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org).
JII applicability: Financial Intermediary client or a General Partner of a Debt or Equity Fund client.
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.