Inclusiv Receives Four Star Impact Management and AA Financial Strength Rating from Aeris
Independent, third-party rating viewed as a mark of transparency and accountability
For Immediate Release
New York, NY Inclusiv announced today that it has received from Aeris, the rating and information service for impact investors, a Four-star impact management rating and AA financial strength and performance rating. Aeris provides comprehensive, third-party assessments of the financial strength and performance and impact management of CDFIs.
“Inclusiv’s impact investments and initiatives advance financial inclusion and opportunity in historically underinvested communities,” said Cathie Mahon, President/CEO of Inclusiv. “The Aeris ratings and external assessment further validates our impact model—investing in credit unions is a sustainable and transformational way to build more equitable communities.”
A wide range of investors—including banks, foundations, fund managers, and others—rely on Aeris ratings to identify and evaluate community investment opportunities that meet their impact goals and risk parameters. Aeris has issued more than 1,000 ratings opinions since 2004.
The rigorous Aeris rating process is a demonstration of a CDFI’s commitment to transparency and accountability, with regard to its financial performance and impact in the community. The rating encompasses two main components: (1) an Impact Management Rating, which measures the commitment of the CDFI’s management to achieving its stated impact; (2) a Financial Strength and Performance Rating, which assesses overall creditworthiness.
Rating Definitions
Four-Star Impact Management Rating:
Exceptional alignment of mission, strategies, programs and services. CDFI fully and effectively uses its financial resources in alignment with its mission, both directly with its portfolio investments and indirectly leveraging off-balance sheet financial resources. Its processes and systems accurately track comprehensive output and outcome data, on an ongoing basis. Impact metrics show positive changes toward achieving its impact goals. Board and management consistently use the data to adjust strategies and activities to improve its effectiveness in achieving its mission.
AA Financial Strength and Performance Rating:
Very strong financial strength, performance, and risk management practices relative to its size, complexity, and risk profile. Challenges are well within the board of directors’ and management’s capabilities and willingness to strengthen. The CDFI is capable of withstanding fluctuations in its operating environment. As an Aeris-rated institution, Inclusiv is also included in the Aeris Cloud, the only source of real-time financial and impact performance data on community investment funds. The Aeris Cloud was created to give investors access to Wall Street-quality data on community investment funds such as Inclusiv.
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