The GIIRS – Global Impact Invesment Rating System – certification is the main social and environmental impact assessment for impact funds.
Developed by B-Lab and with global presence, the certification is based on the good practices of the funds and in the B Impact Assessment of its portfolios’ companies.
FIP MOV 1, MOV’s current investment vehicle, received the Platinum medal (highest classification) in relation to the impact capacity of the business models of its investees.
Some improvements since the last rating, in 2016, are relevant and reinforce MOV’s commitment with its impact mission and vision.
Órigo Energia was certified as a B Corporation and stood out by reaching vulnerable populations, for whom de access to energy was precarious;
TriCiclos encouraged the local economy by increasing its expenses with local suppliers;
Terra Nova improved the involvement of the communities by cultivating diversity and inclusion;
Biofílica offered more economic opportunities and promoted the empowerment of families involved in its projects; and
Tuneduc contributed with its workers achievements by having a fairer remuneration and better communication.