Supporting Industry Collaboration and Initiatives
DWM has been and continues to be an early supporter of key industry initiatives. We collaborate with partners to contribute to the development and standardization of a more transparent impact investing industry. See our partners below.
Principles for Responsible Investment (PRI)
The United Nations Principles for Responsible Investment, created in 2005, provides a network of international investors with a framework of six principles for incorporating environmental, social and governance issues into their decision-making and ownership practices.
Principles for Investors in Inclusive Finance (PIIF)
In 2011, the Principles for Investors in Inclusive Finance (PIIF) were created as a distinct subset within the PRI Initiative, providing investors with a framework for responsible investment focused on access to finance for poor and vulnerable populations.
DWM is a signatory to the PRI and an original endorser of the PIIF and submits annual progress reports to each initiative for publication.
The Smart Campaign
The Smart Campaign advocates a common code of conduct in the microfinance industry, governing and establishing client protection safeguards.
The Client Protection Principles (CPP) are the Campaign's outlined minimum standards that clients should expect to receive when doing business with a microfinance institution.
DWM is an endorser of the Smart Campaign and our loan agreements require that portfolio companies be signatories of the CPP or take measures to do so within a reasonable time period.
Microfinance Information Exchange (MIX)
Microfinance Information Exchange provides objective, qualified and relevant financial and social performance information and publications on microfinance institutions, covering approximately 2,000 institutions globally.
DWM encourages microfinance clients to annually submit the Social Performance Standards Report to MIX Market and acquire social ratings.
MFTransparency was established to serve as a platform for the microfinance industry to publicly demonstrate its commitment to pricing transparency, integrity and poverty alleviation. Endorsers of MFTransparency publicly support the microfinance industry's effort to present information on credit products and pricing in a clear and consistent fashion. MFTransparency has evaluated approximately 400 institutions in 17 countries.
DWM is an endorser of MFTransparency.
The Global Impact Investing Network (GIIN)
The Global Impact Investing Network is a nonprofit organization dedicated to increasing the effectiveness of impact investing through collaboration, research and advocacy.
GIIN has developed the Impact Reporting & Investment Standards (IRIS), an independent set of common metrics for impact reporting.
DWM contributes to GIIN publications and uses IRIS metrics in its social performance assessments of microfinance clients, contributing to a standardization of impact measurement in the industry.