Bob Picciotto is a former Director General of the Independent Evaluation Group which oversees evaluation in the International Finance Corporation, an agency dedicated to the promotion of private sector development in developing countries. In this guest blog, he argues that the ethical investment community has much to learn from the Objectives-Based Evaluation (OBE) approach used by the multilateral development banks: OBE rates social and environmental sustainability performance as well as economic and financial returns.
use measures and indicators
We invited Mishkah Jakoet to share some thoughts on how metrics can be more useful for impact investing. Mishkah brings considerable experience in evaluation for impact investing, including contributing to the revision of the IRIS+ indicators.
This paper provides considerations for the creation of partnership indicators for tri-partite partnerships (private sector, public sector and civil society/NGOs) in water and sanitation provision for poor communities in developing countries. It draws on preliminary experiences from the projects of the Business Partners for Development (BPD) Water and Sanitation Cluster.
The Global Peace Index, an initiative of Institute for Economics and Peace (IEP), provides a ranking for each nation in regards to their peacefulness. It uses 23 different qualitative and quantitative indicators under three broad themes: the level of safety and security in society, the extent of domestic and international conflict and the degree of militarisation. The index includes a detailed 127 page report and a webiste with an interactive map that allows the user to click on specific countries and look at how well they are doing against the indicatotrs.
This guide from the Urban Institute outlines core indicators for 14 categories of not for profit organisations and then provides a common framework that can be used by all nonprofit programmes. The aim is to provide support in understanding what to measure and how to measure it.