Common Approach Standards align and fit together with other measurement standards and approaches. Let’s take a closer look at how they work together with some you are likely already familiar with.
Knitting together other standards
Together, GIIN’s IRIS+ and the Common Approach frameworks ensure that no organization is too small to be counted, and no impact is too complex to be understood.
Impact Frontiers’ Reporting Norms and 5 Dimensions of Impact and Common Approach’s community-driven standards provide impact investors with complementary norms and standards.
The alignment between Social Value International (SVI) and Common Approach is best understood as a continuum of practice. While SVI provides the rigorous, high-level principles for accounting for value, Common Approach’s Common Foundations provides organizations with the practical steps to begin.