SEE Impact Valuation
What is SEE Impact Valuation?
From climate change to global inequality, the challenges facing sustainable development require new approaches to the way business and politics are carried out. As legal obligations and stakeholder expectations are restructuring global corporate practice and political objectives, understanding impact has become essential for organizations and industries.
WifOR’s SEE Impact Valuation is a holistic assessment of an organization or industry’s social, environmental, and economic impact. This analysis can be used to implement a sustainable development strategy spanning each dimension, to communicate impact to stakeholders across society, and to position an organizaion as a forerunner in the global transition to sustainable practice in business and politics.
How is SEE Impact Valuation measured?
The SEE Impact Valuation measures the social, environmental, and economic impacts of an organization or industry throughout the entire value chain – from the direct effects arising out of own operations, right along the global supply chain and subsequent downstream consumption. It applies an extensive range of indicators to provide a comprehensive analysis:
What does WifOR’s SEE Impact Valuation offer organizations and industries?
The SEE Impact Valuation offers a range of benefits to organizations and industries. These benefits include:
- Forming the foundation for comprehensive sustainability management and developing long-term growth strategies
- Contextualizing sustainability performance by enabling comparison with relevant benchmarks (e.g., sectoral, regional, and national averages)
- Opening new channels of dialogue with stakeholders across society and supporting informed communication based on scientific research
- Providing a scientific basis for non-financial reporting
Companies, associations and industries play a crucial role in global sustainability. To achieve the United Nations Sustainable Development Goals, traditional business and policy priorities must be rethought. WifOR’s SEE Impact Valuation provides a blueprint for sustainable business practice by making the social, environmental and economic impacts of companies and industries measurable, transparent and comparable.
In addition to evaluation, WifOR ensures that project partners have a comprehensive understanding of the results. This means that the findings from the project are actionable and can be incorporated into strategic decision-making.
The United Nations has set 17 Sustainable Development Goals (SDGs) on its 2030 Agenda. The SDGs were adopted by all UN Member Nations in 2015 and are a call for global cooperation to promote peace, prosperity, and planetary well-being.
WifOR’s sustainability research supports organizations and industries in orienting themselves to achieve the Sustainable Development Goals. SEE Impact Valution positively contributes to the following SDGs:
Download an example study here
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