Caspian Advisors is pleased to announce that its portfolio companies are among the first to update their annual ratings by GIIRS (Global Impact Investment Rating System). All nine companies participated in the GIIRS rating process, and the average score is 123 – in the top 2 quintiles of GIIRS rated companies – with five companies scoring in the top quintile. The score of 123 compares to an average score of 100 (4 stars) for all GIIRS rated companies operating in emerging markets (n=293).
Caspian’s portfolio companies have been key throughout the GIIRS process. We are very impressed by their dedication to transparency in social performance reporting and are proud to have them as partners.
For the full press release, please visit: http://www.csrwire.com/press_releases/36421-Caspian-Companies-in-Top-Quintiles-in-GIIRS-Annual-Update.
