The Global Impact Investing Network’ (GIIN) ImpactBase, a searchable and online database of impact funds, designed for accredited investors, has reached a milestone of 400 funds.
ImpactBase provides insights on the current impact investing fund landscape supplying investors with a guide to help make the most strategic investment decisions.
The funds covered by ImpactBase have a combined USD31.2 billion in committed AUM. Funds with a track record of three years or greater represented almost 40 percent of the funds on ImpactBase and 75 per cent of capital commitments.
In addition, impact investment funds and products are now available in six continents and are influenced by various social and environmental investment themes, while over 50 per cent of funds use IRIS metrics.
Data shows that IRIS-based impact measurement is rapidly gaining traction in the impact investing industry.