DWM requires target portfolio companies to complete the ESG Impact Questionnaires (ESG IQs) during the pre-investment due diligence process as well as on an annual basis once an investment has been made. DWM developed the ESG IQs and has mapped it to be compliant with the Impact Reporting and Investment Standards (IRIS), a framework of transparent, credible and consistent social and environmental impact indicators. IRIS is an initiative of the Global Impact Investing Network (GIIN) and contributes to standardization of social reporting across the industry.
The questionnaire is a quantitative, data-driven tool that uses approximately 60 indicators to evaluate an institution’s impact. It produces an overall score to measure social impact, evaluating an institution’s social commitment across the following five, weighted dimensions: Governance, Client Benefit and Welfare, Responsibility to Community and Staff, Environment, and Outreach and Targetting.