ALINUS stands for "ALigning INvestors due-diligence and reporting with the Universal Standards". SPI4-Alinus is a subset of CERISE-SPI4 indicators that allows investors in inclusive finance to conduct their due diligence with financial service providers.
Who uses Alinus ?
What is Alinus?
SPI4-Alinus is a subset of CERISE-SPI4 indicators that gets investors speaking the same language.
The 68 SPI4 indicators were selected by the SPTF Investors Working Group through a collaborative and iterative process.
Alinus indicators come from the CERISE-SPI4, as social audit tool for financial service providers. SPI4 is a set of quantitative and process indicators for FSPs to evaluate their level of implementation of the Universal Standards for Social Performance Management, which include the Client Protection Certification Standards.
Social investors in responsible inclusive finance have long tracked social indicators. Many investors use their own tools to collect a range of data points that are largely similar, but different enough to weigh as a reporting burden on FSPs and investors alike. Reducing this burden while improving comparability of social data is what has driven the development of Alinus.