This metric aligns to Joint Impact Indicators Number of Female Founded Enterprises, Female Direct Employment Jobs Supported (Operations and Maintenance), and Female Construction Jobs (Temporary Construction).
JII Guidance for Number of Female Founded Enterprises:
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Client Organizations Founded: Total (PI7869) and Target Stakeholder Demographic (PD5752). Refer to each metric's usage guidance for details.
JII definition: Number of enterprises in which there is an active female founder(s). Female founder(s) must retain an active role in the organization as of the end of the reporting period. An active role may include acting in an advisory capacity for key decisions and does not necessarily require a full-time role at the organization.
JII guidance: Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org).
JII applicability: Direct Equity client, General Partner of a Debt or Equity Fund client, and investment fund investees. For investment fund investees, refer to guidance for “Number of Active Fund Investments in Female Founded Enterprises” and “Number of Realized Fund Investments in Female Founded Enterprises”.
JII Guidance for Female Direct Employment Jobs Supported (Operations and Maintenance):
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874), Jobs Type (OD0660), and Target Stakeholder Demographic (PD5752). Refer to each metric's usage guidance for details.
JII definition: Number of full-time equivalent female workers, as per local definition, working for the client company or investment project at the end of the reporting period unless there is seasonal variation (see guidance for “Direct Jobs Supported (Operations and Maintenance)”).
This includes female individuals hired directly and female individuals hired through third party agencies, as long as those female individuals provide services related to the operations and maintenance of the client company or investment project. This also includes full-time equivalent worked by seasonal, contractual and part-time workers.
JII guidance: Refer to guidance for “Direct Jobs Supported (Operations and Maintenance).”
JII applicability: All client companies, where relevant, but typically not used for clients of intermediated finance (e.g. commercial banks). For financial intermediary clients, refer to “Female Direct Jobs Supported in the Intermediary.” For investment fund investees, refer to “Female Direct Jobs Supported in the investee company.”
JII Guidance for Female Construction Jobs (Temporary Construction)
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874), Jobs Type (OD0660), and Target Stakeholder Demographic (PD5752). Refer to each metric's usage guidance for details.
JII definition: Number of temporary full-time equivalent workers hired for the construction of the investment project’s hard assets during the reporting period.
JII guidance: Refer to guidance for “Construction Jobs (Temporary Construction)”. Applicability: All clients, where applicable. Practitioners may also use this metric for Investees of Investment Funds, where applicable, but it may be difficult to apply to beneficiaries of other intermediated structures, such as on lending through financial intermediaries (e.g. commercial banks).
JII applicability: All client companies, where relevant, but typically not used for clients of intermediated finance (e.g. commercial banks) or investment funds.
