[5] Its foundation was a result of a collaborative initiative between the UNESCO European Centre for Higher Education (UNESCO-CEPES) and a broad variety of ranking experts from different international ranking organisations.

[6][7] In June 2015 it held a conference on Rankings by Subject which was considered significant.

[11] IREG List of International Academic Awards - This list has been composed to function as a comprehensive map of international academic awards and rank these compared to one another.

[12] IREG Guidelines for Stakeholders of Academic Rankings - These Guidelines have been established to improve quality, assure reliability of information, and give the users of International rankings functionality and trustworthiness in term of gathering information on the topic.

Furthermore, these Guidelines are supplemented by the findings of the other IREG initiatives in order to have a broad and comprehensive framework.