Client Savings Premium (PI1748)

This metric measures the price discount/savings as a percentage compared to a similar product/service. For example, if the organization's product costs $5 and the average price for a similar product is $10 in the local market, this would be calculated as: ($5 - $10)/ $10 = -0.5 or 50% savings. Negative numbers can be interpreted as savings to the consumer (client). Organizations should report these prices as of the end of the reporting period.

This metric is multi-dimensional in regards to the five dimensions of impact. In specific contexts, and based on evidence, this metric may serve as a proxy indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). In other contexts, this metric can help describe the CONTRIBUTION an enterprise likely had to the degree of change (depth) in outcome that the stakeholders experienced, relative to what the market or social system would have done anyway. For more on the alignment of IRIS metrics to the five dimensions of impact, see specific guidance document. No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.