Community Development Financial Institution (CDFI) Certification is a designation given by the CDFI Fund to specialized organizations that provide financial services in low-income communities and to people who lack access to financing. CDFIs include regulated institutions such as community development banks and credit unions, and non-regulated institutions like loan and venture capital funds. By building the capacity of a nationwide network of CDFIs, the CDFI Fund works to empower low-income and underserved people and communities to enter the financial mainstream.
For more information on CDFI please visit: CDFIfund.gov
Certified B Corporation
In 2015, Greenline earned certification as a B Corporation, an acknowledgement of the company’s commitment to social and environmental ethics, transparency and accountability. Certified B Corporations have met the rigorous standards that measure the company’s impact on its employees, suppliers, community and the environment. They legally expand their corporate responsibilities to include consideration of stakeholder interests, and build collective voice through the power of the unifying B Corporation brand. There are more than 1,300 Certified B Corporations from over 120 industries and nearly 50 countries with 1 unifying goal – to redefine success in business. B Corporations are leaders of the global movement of People Using Business as a Force for Good.
For moreinformation please visit: www.bcorporation.net/community/greenline-community-ventures-llc
Impact Reporting Investment Standard (IRIS) User:
Greenline is a registered user of IRIS metrics which are designed to measure the social, environmental and financial performance of an investment. IRIS is the catalog of generally accepted performance metrics that leading impact investors use to measure social, environmental, and financial success. Users are leading impact organizations from across the globe including companies, investors placing capital directly into companies, and investors into funds, among others. IRIS is an initiative of the Global Impact Investing Network, a nonprofit organization dedicated to increasing the scale and effectiveness of impact investing. Impact investments are investments made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return.
For more information on IRIS please visit: iris.thegiin.org/users/profile/greenline-ventures-llc
Global Impact Investing Rating System (GIIRS) rated entity
In 2015, Greenline obtained a GIIRS gold rating report from the B Lab. GIIRS Ratings are the standard for impact measurement in impact investing. They are rigorous, comprehensive, and comparable ratings of a company or a fund’s social and environmental impact. The GIIRS Rating is powered by the B Impact Assessment. It measures the overall impact of a business and all of its stakeholders. The report provides a rating of the social and environmental impact (not financial performance) of an individual company or fund. It is used by investors to evaluate the impact of their investments in for-profit companies.
For more information on GIIRS please visit: b-analytics.net/giirs-ratings
Community Investment Impact System (CIIS) Reporting
The Community Investment Impact System (CIIS) is the web-based data collection system that the Community Development Financial Institution (CDFI) Fund requires Community Development Entities (CDEs) use to submit their Institution Level Reports (ILRs) and Transaction Level Reports (TLRs) to the Fund. As part of compliance requirements, New Markets Tax Credit (NMTC) award recipients under the CDFI Program, such as Greenline, are required to submit information through CIIS within six months after the close of their fiscal year. This includes the ILR and the TLR. The ILR includes information regarding ethnics and geography that a CDE had served, staffing levels, financing status and services and training provided. The TLR includes variables detailing a CDEs financing activities, including loan or investment structure, location, rates and terms, and impacts generated.
For more information on CIIS please visit: www.cdfifund.gov/Pages/ciis.aspx
In accordance with federal law and U.S. Department of the Treasury policy, this institution is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to Department of the Treasury, Office of Civil Rights and Diversity, 1500 Pennsylvania Ave. NW, Washington, D.C. 20220 or call (202) 622-1160.