CDFI: Community Development Finance Institution
These are institutions that seek to reduce poverty in economically depressed areas through credit, financial, and other services.
CSR: Corporate Social Responsibility
A management concept where companies integrate social and environmental concerns into their business model. The goal is to embrace responsibility for how a company’s business activities impact people and the planet.
ESG: Environment, Social, and Governance
ESG issues are central to measuring the sustainability and ethical impacts of a company.
GIIN: Global Impact Investing Network
This network drives thought leadership on a variety of key topics and themes within the impact investing industry.
GIIRS: Global Impact Investing Ratings System
This assesses the social and environmental impact (but not the financial performance) of companies and funds, using a ratings method.
GSIA: Global Sustainable Investment Alliance
A collaboration of membership-based sustainable investment organizations from around the world.
IRIS: Impact Reporting and Investment Standards
A set of standardized metrics that can be used to describe an organization’s social, environmental, and financial performance. These are increasingly accepted by the impact industry as a universally accepted set of measurement principles.
KPI: Key Performance Indicators
KPIs are a commonly used measurable value by which an organization can evaluate its success or the success of a particular activity.
MDG: Millennium Development Goals
These 8 international development goals were established following the United Nations Millennium Summit in 2000 with measurable targets and clear deadlines for improving the lives of the world's poorest people. . They’ve since been updated by the 2016 UN SDGs.
MFI: Microfinance Institution
Any kind of financial institution that provides banking products and services to low-income clients.
MRI: Mission-Related Investment
An investment made using assets from a foundation’s endowment to create social impact as well as financial returns.
PRI: Program-Related Investment
An investment made by a foundation that qualifies as a charitable expense. They may then include the investment as part of the 5% of assets it distributes philanthropically each year to maintain its non-profit status.
SASB: The Sustainability Accounting Standards Board
These standards are intended as a complement to financial accounting standards, such that they can be evaluated side by side to provide a complete view of corporate performance and prospects.
SDG: Sustainable Development Goals
These 17 international development goals were established by the United Nations following the expiration of the MDG in 2015.
SGB: Small and Growing Business
A commercially viable business that has significant potential for expansion and social impact in the communities where it operates.
SME: Small and Medium Enterprise
Generally, a company characterized by the number of its employees or annual sales or assets. A small enterprise meets two of the these three criteria: minimum 50 employees, under $3 million in each assets and sales. A medium enterprise meets two of the following three criteria: up to 300 employees, total assets and total sales of up to $15 million.
SRI: Socially Responsible Investing
SRI primarily employs negative screening meaning that investors don’t invest in companies whose profit-generating activities produce negative social or environmental outcomes.
USSIF: United States Social Investment Forum
This forum leads the talks in advancing sustainable, responsible, and impact investing across all asset classes.