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In addition to or in lieu of company-specific impact metrics, the parties may agree to assess social and environmental performance against standards set by a third party organization such as GIIRS (Global Impact Investing Rating Service), a ratings tool that assesses overall social and environmental performance. Other standards for overall social and environmental performance include the Ceres Roadmap to Sustainability and the Global Reporting Initiative.

Sample measurement language

[As long as the Investors hold at least X percent of the Shares purchased] OR [During the term of the Loan], the Company shall [annually complete the GIIRS Ratings Process] OR [describe the time period and define the standard for overall social and environmental performance measurement].

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