By Britta Foulis – Content Marketing Manager
We have done it again! Asilia Africa has, once again, been awarded the Platinum Status for the Global Impact Investing Rating System (GIIRS) for the year 2018/19.
As a company, Asilia believes in one thing – We are committed to empowering crucial wilderness areas in East Africa, benefitting people and nature alike.
In saying this, we are extremely proud to have received this rating and will do all we can to continue to help empower the people and wilderness areas that we support. By staying with Asilia, you directly impact the people and wildlife of the area, so a huge thank you goes out to all of our guests for their continued support.
You can have a look at our Positive Impact Report to see exactly how our impacts are making a difference.
What is GIIRS?
These ratings are the gold standard for measuring impact investing. Assessments are done across 176 industries worldwide and in Asilia’s industry, eco-tourism, they’re proof that we’re at the top of the first league.
Adopted by 15,000 companies in 57 countries the GIIRS Rating uses a methodology developed by B Analytics, a project of the non-profit B Lab that serves a global movement of entrepreneurs who apply the power of business to solve social and environmental problems. A company is rated in two broad areas: Impact Model and Impact Operations.
The Impact Model recognizes business models that are specifically designed to solve social or environmental problems through company products or services.
The Impact Operations rating evaluates the impact of the business in how it operates. This is sometimes referred to as ESG, or Environmental, Social and Governance, practices.
The questionnaire covers four categories: Community, Environment, Workers and Governance.
Community questions cover the company’s impact on external community stakeholders, including suppliers, distributors, the local economy and community, as well as the company’s diversity, job creation, civic engagement and charitable giving practices and performance.
Environment focuses on indirect and direct environmental impact of the company and its operations. It covers both practices employed to reduce environmental harm as well as to generate a positive impact on ecosystems.
Workers looks at how the company treats its workers through its compensation practices, benefits, training, worker ownership and work environment.
Governance focusses on issues related to a company’s mission, stakeholder engagement, governance structure, controls and overall transparency.