H-65

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 Number of Investment Committee members to get a percentage.

Note:

• 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 Female Direct Jobs Supported in the Intermediary
• Practitioners may refer to specific gender benchmarks and application guidance as needed, such as those specified by the 2X Challenge (2xchallenge.org).

Applicability: Fund investment where possible and relevant, not intermediated finance.

Related indicators: This indicator is a subset of the parent indicator Number of Investment Committee Members.

Unit: #

H-63

DEFINITION:

Number of full-time equivalent female workers, as per local definition, working for the intermediary.

This includes women hired directly and women hired through third party agencies, as long as those women provide services related to the operations and maintenance of the intermediary. This also includes full-time equivalent work by seasonal, contractual and part-time workers.

GUIDANCE:

This is indicator is a subset of the Direct Jobs Supported in the Intermediary. This indicator reflects the number of full-time equivalent female workers in the investee company at the time of reporting or during the reporting period. This is a separate indicator from direct jobs supported in direct operations, different to the indicator on Female Direct Jobs in the investee company, and does not apply to other intermediated operation other than debt/equity funds.

Scope:

Whenever possible and feasible report the number of female workers that work in the project or client company. It should not include those of the investee companies, and it should not include fund services purchased (e.g. outsourced fund administration and accounting services).

Reporting period:

Report number of Full Time Equivalent (FTE) workers at the end of the reporting period, unless there is significant seasonal variation in the number of non-permanent workers, in which case please average the number of FTEs over the reporting period for temporary workers, using the FTE calculation below.

Full time Equivalent (FTE):

Part-time jobs 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). Full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year. Seasonal or short-term jobs are prorated on the basis of the portion of the reporting period that was worked (e.g., 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.  Where companies employ piece-rate workers, a piece rate per hour or per day will need to be estimated, in order to calculate the FTE. Where there are a large number of workers on variable hours, including day labourers, please include typical number of workers on site at any one time.

Applicability: Fund investment where possible and relevant, not intermediated finance.

Related indicators: This indicator is a subset of the parent indicator Direct Jobs Supported in the Intermediary. Apart from this indicator several jobs metrics exist. This indicator is similar to Direct Jobs Supported (Operations and Maintenance) for direct operations but focusses on the equity/debt fund. It is different to the indicator Female Direct Jobs Supported in the Intermediary as this refers to the investee company only, not the intermediary. The indicator is also different from Direct Jobs Created (Operations and Maintenance). The latter measures the increment or any counterfactual scenario whereas Direct Jobs Supported in the Intermediary - female measures the current number of female jobs in the fund.

Unit: # FTE

H-61

DEFINITION:

Value of export sales of the product or service over the reporting period.

GUIDANCE:

Applicability: typically not applicable to intermediated operation (Fund investment, intermediated finance).

Unit: # currency

H-59

DEFINITION:

Gross value of sales during the reporting period.

GUIDANCE:

Sales revenue of investee companies should be revenue resulting from the ordinary operating activities of an organization. This is commonly referred to as earned revenue. Note this is distinct to total revenue given earning from financial activates, sales of assets, etc.

Note:

• Sales should be expressed in terms of the agreed reporting currency (typically USD, EUR, or local currency). Ideally, currencies should be complemented by exchange rates as used at the time of computation to allow for future use.

Applicability: Direct operations, Fund investment, not intermediated finance

Unit: # currency

H-57

DEFINITION:

All transfers to the government made by client company over the reporting period. At a minimum, this includes payments to the government in the form of corporate income or profit taxes. Additional forms of transfer to be reported as appropriate include (i) sales taxes, (ii) net VAT, (iii) royalties, (iv) dividends and related taxes, (v) management and/or concession fees, (vi) license fees, (vii) tax on payment of interest, and (viii) other material payments net of any direct subsidies received.

GUIDANCE:

Applicability: Fund investment, not intermediated finance

Unit: # currency