The GIIRS Team

B Lab, the non-profit organization that oversees GIIRS, is governed by a dynamic process of broad, transparent multi-stakeholder engagement.

B Lab Board of Directors

The responsibilities of B Lab's Board of Directors include:

  • Oversee strategy, budget and operations of B Lab & GIIRS, including oversight of management, compensation, and development
  • Play a leadership role in forming the Standards Advisory Councils and GIIRS Advisory Committee, provide oversight of their activities, and amend/approve their recommendations
  • Assist in identifying and cultivating potential philanthropic donors/investors to ensure funding of B Lab's operations prior to sustainability via licensing and ratings income

Members of the B Lab Board of Directors

  • Debra Dunn, Director, Skoll Foundation; Former SVP Corporate Affairs and Global Citizenship, Hewlett Packard
  • Bart Houlahan, Co-Founder, B Lab; Former CFO, COO and President of AND 1
  • Lorene Arey, President, The Clara Fund
  • Dave Chen, Founder and Managing Director, Equilibrium Capital Group LLC
  • Don Shaffer, President & CEO, RSF Social Finance

The Board of Directors has established several Advisory Councils to ensure continuous incorporation of best thinking and practices into B Lab's mission and activities. The Board has ultimate decision-making authority on recommendations coming from the Advisory Councils.

GIIRS Advisory Committee

The GIIRS Advisory Committee is comprised of innovators at organizations taking the lead in impact investing including banks, pension funds, foundations, investor networks, ratings agencies, private wealth managers, and investment advisors. The group is tasked with making recommendations to B Lab's Board of Directors and Management regarding:

  • Rapid adoption of GIIRS as the standard by which the investment community measures the social and environmental impact of its non-public market investments;
  • Raising initial $8 million and future growth capital to support the development of GIIRS; and the
  • Development of GIIRS' product features that meet the needs of the impact investing community. Particular input will be sought on features concerning the GIIRS analytics tools, ratings reports, and the fund weighting methodology.

Members of the GIIRS Advisory Committee:

  • Tracy Kartye, Associate Director of Social Investments, Annie E Casey Foundation 
  • Larry Lunt, Principal, Armonia
  • Lisa Hall, President & CEO, Calvert Foundation
  • Tom Bird, Principal, Farm Capital Services
  • Ian Anderson, Africa Program Manager, Gatsby Charitable Trust
  • Tony Carr and Adriana Fernandes Halloran, Halloran Philanthropies
  • Andrew Kassoy, Impact Investing Foundation 
  • Sandra Darville,Chief of the Development Effectiveness Unit of the Multilateral Investment Fund, Inter-American Development Bank
  • Amy Bell and Yasemin Saltuk, JP Morgan
  • Dr. Charly Kleissner and Lisa Kleissner, Co-Founders, KL Felicitas Foundation
  • Tony Berkeley, Program and Portfolio Officer, Kellogg Foundation
  • Stuart Davidson, Managing Partner, Labrador Ventures
  • Ommeed Sathe, Vice President & Head of the Social Investment Program, Community Resources Department, Prudential
  • Margot Brandenburg, Associate Director, Rockefeller Foundation
  • Don Shaffer, President & CEO, RSF Social Finance
  • Serge LeVert-Chiasson, Founding Vice President and Chief Operating Officer, Sarona Asset Management
  • Richard Fahey, Chief OperatingOofficer, Skoll Foundation
  • Wiebe Boer, CEO, Tony Elumelu Foundation

Standards Advisory Council

Oversight of the B Impact Ratings System is the responsibility of B Lab's Standards Advisory Council, an independent committee of 20-22 members, each respected in the field for their wisdom and each with deep industry or stakeholder expertise. The Standards Advisory Council is divided into two subgroups — one group oversees the content and weightings for the version of the B Impact Ratings System that is appropriate for companies and funds in the developed markets, the other for the version that is appropriate for companies and funds in the emerging markets.

Developed Markets — Current Members:

Emerging Markets — Current Members:

  • Flory Wilson, Director, International, B Lab
  • Genevieve Edens, Impact Assessment Manager, Aspen Network of Development Entrepreneurs (ANDE)
  • Veronica Chau, Associate Partner, Dalberg Global Advisors
  • Juan Pablo Larenas, Co-Founder and Executive Director, Sistema B
  • Chid Liberty, CEO and Co-Founder, Liberty & Justice
  • Kelly McCarthy, Manager, Impact Reporting and Investment Standards (IRIS)
  • Rafi Menachem, Asia Senior Investment Analyst, Grassroots Business Fund
  • Watanan Petersik, Director, Lien Centre for Social Innovation; Chair, Ashoka Singapore Advisory Council
  • Rob Schneider, Senior Alliance Manager, U.S. Agency for International Development (USAID)
  • Joseph Wozniak, Program Manager - Trade for Sustainable Development, The International Trade Center (ITC) - WTO/UNCTAD

Management & Staff

Jay Coen Gilbert, Bart Houlahan and Andrew Kassoy cofounded B Lab in 2007. They have a shared passion for creating a better world through business and have been friends for over 20 years. Prior to B Lab, Jay and Bart were Co-Founder and President, respectively, of AND 1, a $250 million basketball footwear and apparel business. Andrew spent his previous career as a private equity investor; most recently as a Partner at MSD Real Estate Capital, a $1 billion real estate fund controlled by MSD Capital, the investment vehicle for the assets of Michael Dell and the Michael and Susan Dell Foundation.

The GIIRS management team also includes:

  • Beth Richardson, Director of GIIRS
  • Flory Wilson, Director, International
  • Stephanie Poole Nieman, Director, Developed Market Standards
  • John Hillstrom, Director, Technology
  • Hardik Savalia, Ratings Associate
  • Christina Bianco, Ratings Associate
  • Olivia Muiru, Ratings Associate
  • Elizabeth Crampton, Ratings Associate
  • Nathan Gilbert, Program Associate
  • Neha Kumar, Analytics Associate