About the Job
In partnership with PolicyLink and CapEQ, the Global Impact Investing Network (GIIN) is developing a new Racial Equity theme in IRIS+, the generally accepted system for measuring, managing, and optimizing impact among impact investors.
The Navigating Impact project – an IRIS+ initiative – was created by the Global Impact Investing Network (GIIN) to help investors align their impact goals and expectations with credible, evidence-based metrics ‘starter kits’ that are shown to be valid indicators of performance. The project materials, which were developed in consultation with industry experts, impact investors, standards setters, and designed to align to emerging industry conventions and norms, provide an onramp for impact strategy development, metrics selection, target setting and re-setting.
The Navigating Impact project and IRIS+ provide investors and others with an investment theme-based approach to impact strategy and metrics identification. Stakeholders consulted agreed that this approach is consistent with the way an investor thinks about their portfolio, allowing the user to either take a deep dive into one investment theme, such as affordable housing or gender, or to look at the probable outcomes within multiple investment themes and assemble a combination of strategies that complement their portfolio goals. IRIS+ is provided to the industry as a free public good. For more on IRIS+, its history, and the processes and principles that underpin its development, see here.
The GIIN seeks consulting support to proactively engage and incorporate the voices and feedback of Black and Indigenous communities as well as other communities of color in the development of the Racial Equity and Health themes. Individuals with lived experience as part of these communities are encouraged to apply.
In this engagement, the consultant would review and provide feedback on ten (10) draft strategic goals (example) provided as guidance to investors aiming to invest toward a more equitable future for communities of color. In this engagement:
- The GIIN is responsible for communicating project timeline, guiding project decisions as needed, and ensuring consistency and complementarity in all outputs and managing overall content promotion. The GIIN would lead the final integration of content into other relevant resources, such as IRIS+.
- The consultant is responsible for participating in kickoff and launch webinars at the beginning and end of the project, providing reviews of preliminary and final drafts of strategic goal drafts for the Racial Equity and Health (racial equity lens update) themes, and engaging and synthesizing feedback on drafts from focus communities.
Implementation and Deliverables:
The consultant will be responsible for the following deliverables:
- Deliverable 1: Summary document providing feedback and suggested additions to ten (10) strategic goal drafts for Racial Equity theme and Health themes, building on both the consultant’s expertise and published works by key communities on these topics. For an example of a strategic goal, see here.
- Deliverable 2: Synthesized notes document from 1-3 feedback phone calls with focus community stakeholders, as agreed upon by the consultant and the GIIN.
For each of these deliverables, the GIIN will provide a template.
Qualifications and Expertise:
This project will require the consultant to:
- provide feedback on preliminary and semi-final drafts of the Racial Equity and Health themes, including highlighting existing equity- and justice-related resources and measurement frameworks for impact investing and related fields;
- organize and hold 1-3 feedback calls on strategic goal drafts with members of key communities (in particular Black and Indigenous communities);
- synthesize feedback from those calls to share with the GIIN; and
- present feedback key messages on group calls led by the GIIN and partners, as needed.
The consultant should therefore:
- Have a knowledge of key and addressable issues related to racial and ethnic inequities, particularly in relation to ESG and impact investing;
- Have knowledge of impact measurement and management frameworks and approaches, especially related to racial equity; and
- Be able to comfortably lead stakeholder group feedback calls with the support of the GIIN, including soliciting, receiving, and synthesizing feedback.
LOCATION: Temporary role (virtual/remote)
Email cover letter and CV to Human Resources at firstname.lastname@example.org. State “Impact Measurement Consultant – Racial Equity + Health” in the subject line of your email. Please indicate where you saw the job posting in your cover letter.
No phone calls please. Only qualified candidates will be contacted. The GIIN is an Equal Opportunity Employer.
Global Impact Investing Network (GIIN)
The Global Impact Investing Network (GIIN) is a not-for-profit organization dedicated to increasing the scale and effectiveness of impact investing around the world.
Impact investing is one of the most important social innovations of our time, and interest in it is exploding. The GIIN, now nearly ten years old and backed by leading funders such as The Rockefeller Foundation, Ford Foundation, USAID, the UK Department for International Development, Prudential, and J.P. Morgan, has a growing membership network of over 325 members in 45 countries. The GIIN works to mobilize a global network of leading financial institutions and others to dramatically increase the amount of capital being deployed effectively to social and environmental issues around the world. To learn more about the work we do and impact investing, please visit www.thegiin.org