H-54

DEFINITION:

Value of active invested capital on a cost at investment basis to 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:

This is indicator is a subset of the Amount of active Fund Investments. It measures the Amount of investments in female founded companies.  Refer to Amount of Active Fund Investments for further methodological guidance. The methodology it follows is the same.

 

Note:

• This measures the amount of investment. This is distinct from Value of find investments. The former measures the value at costs (how much was invested) while the latter measures the valuation of the investment at the time of reporting. The two can be complementary. The amount is used for tracking the in and out of the investments, the value assesses the growth or the value of the investments at exit, which is often also measured with other indicators.
• To ensure female ownership is retained and not crowded out through the investment the female founder(s) must retain and active role still in the organization at the time of reporting. 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
• 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 Amount of active Fund Investments. It is expressed as the amount of investments not number (for this use Number of active Fund Investments in Female Founded Enterprises). It measures the current amount of active investments, not realized ones (this is covered under Number of realized Fund Investments). This indicator is distinct from Value of Loans Outstanding. Value of Loans Outstanding should be used for intermediated operations through banks etc. whereas Amount of active Fund Investments is used for funds, both equity and debt funds.

Unit: # currency

H-52

DEFINITION:

Number of realized fund investments in 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:

This is indicator is a subset of the Number of realized Fund Investments. It measures the number of female founded companies the fund had invested in but has realized. Refer to Number of Realized Fund Investments for further methodological guidance. The methodology it follows is the same.

This indicator reflects the number of realized investments a fund has at the end of the reporting period. These should be counted as unique investee companies, not as the number of tranches. Each investee, irrespective of the number or volume of investments should be counted as a single investment. Even if a combination of debt and equity is provided, a single counterpart should be counted once.

Note:

• To ensure female ownership is retained and not crowded out through the investment the female founder(s) must have retained and active role still in the organization throughout the investment. 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
• 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 realized Fund Investments. It is expressed in number of investments not amount unlike Amount of realized Fund Investments in Female Founded Enterprises. It measures the number of realized investments, not active ones (this is covered under Number of active Fund Investments in Female Founded Enterprises).

Unit: #investments

H-50

DEFINITION:

Number of active fund investments in 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:

This is indicator is a subset of the Number of active Fund Investments Refer to Number of Active Fund Investments for further methodological guidance.

 

This indicator reflects the number of unique investee companies in which a fund holds an interest at the end of the reporting period. Each investee company, irrespective of the number or volume of investments and/or types of investment instruments should be counted as a single investment.

 

Note:

• To ensure female ownership is retained and not crowded out through the investment the female founder(s) must retain an active role in the organization at the time of reporting. 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
• 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 active Fund Investments. It is expressed in number of investments, not amount, unlike Amount of active Fund Investments in Female Founded Enterprises. It measures the current number or active investments, not realized ones (this is covered under Number of realized Fund Investments in Female Founded Enterprises). This indicator is distinct from Number of Loans Outstanding. Number of Loans Outstanding should be used for intermediated operations through banks etc. whereas Number of active Fund Investments is used for funds, both equity and debt funds.

Unit: #investments

H-48

DEFINITION:

Number of full-time equivalent female workers, as per local definition, working for the investee company at the end of the reporting period unless there is seasonal variation.  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 investee company. This also includes full-time equivalent work by seasonal, contractual and part-time female workers.

GUIDANCE:

This is indicator is a subset of the Direct jobs supported in the investee company (O&M). It measures the number of female employees in the investee company. The methodology it follows is the same.

This indicator reflects the number of female full-time equivalent workers in the investee company at the time of reporting or during the reporting period.

Scope:

Whenever possible and feasible report the number of female workers that work in the project or client company.

If a company facilitates the trading of goods or services between two parties, but does not itself purchase those goods or services, these jobs should not be included (e.g. gig economy, independent contractors and freelancers should not be considered employees of platforms through which they operate).

Reporting period:

Report number of Full Time Equivalent (FTE) female workers at the end of the reporting period, unless there is significant seasonal variation in the number of non-permanent female 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). 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.

Construction Jobs:

Only include construction jobs if the company is itself a construction or real estate company, and the jobs are therefore not expected to cease at the end of the construction phase of any individual asset. Construction Jobs supported during the construction phase of a company’s assets are not included in this metric. All jobs associated with time bound construction projects should be captured under refer to the metric: Construction Jobs.

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

Related indicators: Direct jobs supported in the investee company (O&M) is the broader indicator this indicator is a subset of. Other related jobs indicators include: This indicator is similar to Female Direct Jobs Supported (Operations and Maintenance) for direct operations but focusses on investee companies of an 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) - Female. It measures the number of jobs in the respective investee company, not the increment or any counterfactual scenario.

Unit: #