PE & INVESTMENT FUNDS
PE-01
Direct jobs supported in the investee company (Operations and Maintenance)
DEFINITION:
Number of full-time equivalent workers, as per local definition, working for the investee company or investment project at the end of the reporting period unless there is seasonal variation. This includes individuals hired directly and individuals hired through third party agencies, as long as those individuals provide services related to the operations and maintenance of the investee company or investment project. This also includes full-time equivalent work by seasonal, contractual and part-time workers.
GUIDANCE:
This indicator reflects the number of full-time equivalent 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 of jobs in the intermediary, and does not apply to other intermediated operation other than debt/equity funds.
Scope:
Whenever possible and feasible report the number of 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) 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). 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, not intermediated finance.
Related indicators: Direct jobs supported in the investee company (Operations and Maintenance) – Female is a subset of this indicator. 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 investee companies of an equity/debt fund. It is different to the indicator Direct Jobs Supported in the Intermediary as this refers to the investee company only, not the intermediary. The indicator is also different to Direct Jobs Created (Operations and Maintenance). It measures the number of jobs in the respective investee company, not the increment or any counterfactual scenario.
Unit: #FTE
PE-02
Female Direct jobs supported in the investee company (Operations and Maintenance)
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 (Operations and Maintenance). 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 (Operations and Maintenance) 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: #
PE-03
Number of active Fund Investments
DEFINITION:
Number of active investments at the end of the reporting period
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.
Applicability: Fund investment, not intermediated finance.
Related indicators: This indicator is the parent indicator to disaggregated subsets such as Number of active Fund Investments in Female Founded Enterprises. It is expressed in the number of investments, not the amount, unlike Amount of active Fund Investments. It measures the current number of active investments, not realized ones (this is covered under Number of realized Fund Investments). 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
PE-04
Number of Active Fund Investments in Female Founded Enterprises
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 (www.2xchallenge.org).
Applicability: Fund investment where possible and relevant, not intermediated finance.
Related indicators: This indicator is the parent indicator to disaggregated subsets such as Number of active Fund Investments in Female Founded Enterprises. It is expressed in the number of investments, not the amount, unlike Amount of active Fund Investments. It measures the current number of active investments, not realized ones (this is covered under Number of realized Fund Investments). 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
PE-05
Number of realized Fund Investments
DEFINITION:
Cumulative number of realized investments as of the end of the reporting period.
GUIDANCE:
This indicator reflects the number of unique investee companies in which a fund no longer 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 They should only be counted at full exit, once all the investments have been realized, and not in tranches. Investments should be considered realized when the fund no longer holds securities in the investee company (regardless of any monetary amounts that may still be due as part of a deferred consideration or escrow). Investments which are written off, meaning the value of the investment has been eliminated with no prospect of recovery, should be considered realized investments.
Applicability: Fund investment, not intermediated finance.
Related indicators: This indicator is the parent indicator to disaggregated subsets such as Number of realized Fund Investments in Female Founded Enterprises. It is expressed in number of investments, not amount, unlike Amount of Realized Fund Investments. It measures the number of realized investments, not active ones (this is covered under Number of Active Fund Investments).
Unit: #investments
PE-06
Number of realized Fund Investments in Female Founded Enterprises
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
PE-07
Amount of Active Fund Investments
DEFINITION:
Value of active invested capital on a cost at investment basis at the end of the reporting period
GUIDANCE:
This indicator reflects the actual amount invested by the fund in active investee companies at the end of the reporting period. The actual investment amounts should exclude any fees and expenses incurred in relation to the investment. For reporting purposes, investments in different instruments (e.g. debt and equity ) may be reported separately or combined into a single reporting metric if made explicit.
Note:
- This measures the amount of investment. This is distinct from Value of fund 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 Fund’s capital investment flows; the “value” assesses the growth or the value of the investments at exit, which is often also measured with other indicators.
Applicability: Fund investment, not intermediated finance.
Related indicators: This indicator is the parent indicator to disaggregated subsets such as Amount of active Fund Investments in Female Founded Enterprises. It is expressed in pecuniary terms not as the number of investments (for this use Number of active Fund Investments). 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
PE-08
Amount of active Fund Investments in Female Founded Enterprises
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
PE-09
Amount of realized Fund Investments
DEFINITION:
Cumulative value of realized invested capital on a cost at investment basis at the end of the reporting period
Applicability: Fund investment, not intermediated finance.
GUIDANCE:
This indicator reflects the amount actually invested by the fund in investee companies that have been realized by the end of the reporting period. For reporting purposes, debt and equity investments may be reported separately or combined into a single reporting metric if made explicit. All reporting is at a cost of investment basis, and does not reflect the actual proceeds received by the fund. Investments should be considered realized when the fund no longer holds securities in the investee company (regardless of any monetary amounts that may still be due as part of a deferred consideration or escrow). Investments which are written off, meaning the value of the investment has been eliminated with no prospect of recovery, should be considered realized investments.
Applicability: Fund investment, not intermediated finance.
Related indicators: This indicator is the parent indicator to disaggregated subsets such as Amount of realized Fund Investments in Female Founded Enterprises. It is expressed as the amount of realized investment, not at the number (Number of realized Fund Investments), which can cover a different sets as the amount may also cover partial divestments. It measures the amount of realized investments, not active ones (this is covered under Amount of active Fund Investments).
Unit: # currency
PE-10
Amount of realized Fund Investments in Female Founded Enterprises
DEFINITION:
Cumulative value of realized 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 indicator is a subset of the Amount of Realized Fund Investments. It measures the amount of investments realized in female founded companies the fund had invested in. Refer to Amount of Active Fund Investments for further methodological guidance. The methodology it follows is the same.
This indicator reflects the amount actually invested by the fund in investee companies that have been realized by the end of the reporting period. For reporting purposes, debt and equity investments may be reported separately or combined into a single reporting metric if made explicit. All reporting is at a cost of investment basis, and does not reflect the actual proceeds received by the fund. Investments should be considered realized when the fund no longer holds securities in the investee company (regardless of any monetary amounts that may still be due as part of a deferred consideration or escrow). Investments which are written off, meaning the value of the investment has been eliminated with no prospect of recovery, should be considered realized investments.
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 Amount of Realized Fund Investments. It is expressed as the amount of realized investment, not at the number (Number of Realized Fund Investments in Female Founded Enterprises), which can cover a different sets as the amount may also cover partial divestments. It measures the amount of realized investments, not active ones (this is covered under Amount of Active Fund Investments in Female Founded Enterprises).
Unit: # currency
PE-11
Payment to Government
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
PE-12
EBITDA
DEFINITION:
Earnings before interest, tax, depreciation and amortisation (EBITDA).
GUIDANCE:
This indicator captures the value of the investee companies net income before interest, taxes, depreciation and amortization during the reporting period according to the international accounting standards (EBITDA= Revenue − Expenses (excluding tax and interest, depreciation, and amortization))
Note:
- EBITDA 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: Fund investment, not intermediated finance
Unit: # currency
PE-13
Total Sales
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
PE-14
Domestic Purchases
DEFINITION:
Value of company’s purchases of goods and services from domestic suppliers (including raw materials, security, gardening, cleaning and marketing & research from local companies) during the reporting period.
GUIDANCE:
Applicability: typically not applicable to intermediated operation (Fund investment, intermediated finance)
Unit: # currency
PE-15
Export Sales
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
PE-16
Direct Jobs Supported in the Intermediary
DEFINITION:
Number of full-time equivalent workers, as per local definition, working for the intermediary. This includes individuals hired directly and individuals hired through third party agencies, as long as those individuals 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 indicator reflects the number of full-time equivalent workers in the fund 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 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 workers that directly work in the specific fund. 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, typically not intermediated finance
Related indicators: Female Direct Jobs Supported in the Intermediary is a subset of this indicator. 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 Direct Jobs Supported in the Investee Company (Operations and Maintenance) 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 measures the current number of jobs in the fund.
Unit: # FTE
PE-17
Female Direct Jobs Supported in the Intermediary
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 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
PE-18
Number of Investment Committee Members
DEFINITION:
Number of 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 investment committee of a financial intermediary or a general partner of a debt or equity fund.
Note:
- To avoid double-counting investment committee members who fill multiple roles within an organization numbers should not be aggregated in terms of Number of Investment Committee and Direct Jobs Supported in the Intermediary.
Applicability: Fund investment, not intermediated finance
Related indicators: Number of Investment Committee Members who are Female is a subset of this indicator.
Unit: #
PE-19
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 the total 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 Femalewith 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: #