OWNERSHIP AND LEADERSHIP

 

J-001 — Number of Women in Senior Management

J-002 — Number of Women on the Board

J-003 — Number of Investment Committee Members who are Female

J-004 — Number of Female Founded Enterprises

 

OWNERSHIP AND LEADERSHIP

J-001

Number of Women in Senior Management

DEFINITION:

Number of full-time equivalent (FTE) female employees in senior management roles working for the client company or project at the end of the reporting period. Senior management is generally a team of individuals at the highest level of organizational management (usually executive level positions) who have the day-to-day responsibilities of managing a company or corporation. They are often referred to as the “C-suite” and include positions such as Chief Executive Officer – CEO; Chief Financial Officer – CFO; Chief Marketing Officer – CMO; Chief Operations Officer – COO; Chief Information Officer – CIO; Chief Legal Counsel – CLC, etc. Within different corporations, they can also sometimes be referred to as executive management, top management, or upper management.

GUIDANCE:

This metric is intended to capture female representation in Senior Management. Practitioners will need to collect "Total Number of Senior Managers" to get a percentage. Female Senior Managers may also hold ownership stakes or Board or Investment Committee positions in the enterprise. As such, Practitioners should avoid double-counting women who fill multiple roles within an organization by not aggregating HIPSO's "Number of Women in Senior Management" with "Number of Women on the Board", "Number of Investment Committee members who are female", or "Female Direct Jobs Supported (Operations and Maintenance)". Practitioners may also refer to sector-specific gender leadership benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org).

Applicability: All clients, where applicable. Practitioners may also use this metric for Investees of Investment Funds, where applicable, but it may be difficult to apply to beneficiaries of other intermediated structures, such as onlending through financial intermediaries (e.g. commercial banks).

Unit: #

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J-002

Number of Women on the Board

DEFINITION:

Number of women on the 'Board of Directors' of the client company at the end of the reporting period. A board of directors is the governing body of a corporation, composed of a group of individuals that is legally/fiduciarily responsible for overseeing the organization’s management and operations and guiding its strategy. The board is accountable to the shareholders and other relevant stakeholders. A governing body with a different name (e.g., "advisory body") may be considered a Board of Directors provided it has a fiduciary responsibility to shareholders and/or other relevant stakeholders.

GUIDANCE:

This metric is intended to capture female representation within the board of directors, supervisory board, or governing body of an organization. Practitioners will need to collect "Total Number of Board Members" to get a percentage. Female Board Members may also hold ownership stakes, Senior Management positions, or Investment Committee positions in the enterprise. For Financial Intermediaries, the metric refers to the Female Board Members of the Financial Intermediary. For Equity Funds, the metric refers to the Female Board Members of the General Partner. For Investment Fund Investees, also refer to the HIPSO metric "Number of Female Founded Enterprises". Practitioners should avoid double-counting women who fill multiple roles within an organization by not aggregating HIPSO's "Number of Women on the Board" with "Number of Women in Senior Management", "Number of Investment Committee members who are female", or "Female Direct Jobs Supported (Operations and Maintenance)". Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org)

Applicability: Direct Equity client, General Partner of a Debt or Equity Fund client, and Investees of Debt and Equity Fund clients

Applicability: Financial Intermediary client or a General Partner of a Debt or Equity Fund client

Unit: #

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J-003

Number of Investment Committee Members who are Female

DEFINITION:

Number of female Investment Committee members who are counted as voting members of the investment committee of a Debt or Equity investment Fund or other Financial Intermediary as of the end of the reporting period.

GUIDANCE:

This metric is intended to capture the size of the female representation on the investment committee of a financial intermediary or a general partner of a debt or equity fund. Practitioners will need to collect "Total Number of Investment Committee members" to get a percentage. Practitioners should avoid double-counting women who fill multiple roles within an organization by not aggregating HIPSO's "Number of Investment Committee members who are Female" with "Number of Women on the Board", "Number of Women in Senior Management", or "Female Direct Employment Supported (Operations and Maintenance)". Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org)

Applicability: Direct Equity client, General Partner of a Debt or Equity Fund client, and Investees of Debt and Equity Fund clients

Applicability: Financial Intermediary client or a General Partner of a Debt or Equity Fund client.

Unit: #

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J-004

Number of Female Founded Enterprises

DEFINITION:

Number of enterprises in which there is an active female founder(s). Female founder(s) must retain an active role in the organization as of the end of the reporting period. An active role may include acting in an advisory capacity for key decisions and does not necessarily require a full-time role at the organization.

GUIDANCE:

Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (www.2xchallenge.org)

Applicability: Direct Equity client, General Partner of a Debt or Equity Fund client, and Investees of Debt and Equity Fund clients

Unit: #

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J-012

GHG Emissions

Amount of GHG emissions emitted during the reporting period, measured in tons. Project-level emissions information provided by client can be used to calculate derivative indicators (e.g. emissions savings/reduction/avoidance) according to the most relevant methodology.

Unit: t(CO2e)

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J-013

GHG Emissions Sequestration

Amount of GHG emissions sequestered during the reported period, measured in tons.

Unit: t(CO2e)

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J-014

Water Consumption

Energy consumption measured in kilowatt-hours or megajoules of energy consumed during the reporting period. Distinguishing heat and electricity consumption is recommended. This indicator may be used to measure performance (e.g. kWh/m2 for a green building) or could be an absolute measure (e.g. before and after comparison).

Unit: m3(water)

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J-015

Wastewater Treatment

Amount of wastewater treated to appropriate standards during the reporting period, measured in cubic meters. May also include the amount of untreated wastewater discharges avoided.

Unit: m3(wastewater)

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J-016

Energy Consumption

Energy consumption measured in kilowatt-hours or megajoules of energy consumed during the reporting period. Distinguishing heat and electricity consumption is recommended. This indicator may be used to measure performance (e.g. kWh/m2 for a green building) or could be an absolute measure (e.g. before and after comparison).

Unit: kWh or MJ(energy)

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J-017

Land Use

Hectares of land used during the reporting period. May be used to assess land use efficiency (e.g. MW/ha for reservoirs, i.e. megawatts of power produced per hectare of land used for water storage).

Unit: # ha(land)

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J-018

Sustainable Management of Natural Resources

Hectares of land covered by sustainable land management practices, verified as being sustainable managed according to internationally recognized standards. Sustainable management of living natural resources includes both biodiversity and environmental services. Proxys of certification through an independent audit and verification process may be used to determine sustainable use. Distinct methodologies may need to be used for forestry, farmland, etc.

Unit: # ha(land meeting standards and/or certified)

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H-06

Number of full-time equivalent construction workers employed for the construction of the company or project’s hard assets during the reporting period. Part-time jobs for construction are converted to full-time equivalent jobs on a pro rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr/week job would be equal to 0.6 FTE job; a full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year). If the information is not available, the rule-of-thumb is two part-time jobs equal a full-time job.
Note: employment for the client company’s operations and maintenance is not to be included in this indicator. For such jobs, please use the indicator Direct Employment – Operations and Maintenance.

Units: #FTE