Board of Directors or Governing Body| Indicator Name | Board of Directors or Governing Body |
|---|---|
| Description | Does the organization have a Board of Directors or other governing body? |
| Category | Governance |
| Identifier | OG1 |
| Unit of Measure | Yes/No |
| Sub-Indicators | OG1.1 Board of Directors: Diversity OG1.2 Board of Directors: Meeting Frequency* OG1.3 Board of Directors: Independence |
| Last Updated | June 3, 2009 |
Creating a Common Language for Assessing Social and Environmental Impact
What’s included and excluded from having a “governance” role in an investee?
At Omidyar Network, we bifurcate governance involvement as follows, but recognize that this may or may not be generally accepted definition by other GIIN members:
* Board seat - GOVERNANCE ROLE
* Investment committee - GOVERNANCE ROLE
* Board observer - CONSULTATIVE ROLE, not-governance
* Advisory board - CONSULTATIVE ROLE, not-governance
Thanks.
D’oh!! Sorry, I misinterpreted the indicator. Upon review, I see that it’s from the perspective of the grantee/investee and not whether the donor/investor has a governance role in the entity.
Can we add an indicator of diversity of the Board of Directors?
Might want to add an indicator related to how often the Board meets.