Measuring Goodness: Difference between revisions

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==On what level can goodness be measured?==
==On what level can goodness be measured?==
Goodness can be measured at 4 levels
Goodness can be measured at 4 levels
* '''Legal Entity''', total for the whole organization
* '''Legal Entity''', total for the whole organization, examples are ESG scores
* '''Location''', for example sustainability profile of a production location
* '''Location''', for example sustainability profile of a production location
* '''Brand''', combined scores for all products within a certain brand.
* '''Brand''', combined scores for all products within a certain brand.
* '''Product''', for example the LCA (life cycle assessment) for any individual product.
* '''Product''', for example the [[LCA]] (life cycle assessment) for any individual product.


==ESG==
Different measurements systems related to Goodness
ESG stands for Environmental, Social, and Governance. Investors are increasingly applying these non-financial factors as part of their analysis process to identify material risks and growth opportunities
* [[ESG]]
 
* [[LCA]]
==LCA==
Life cycle assessment or LCA is a methodology for assessing environmental impacts associated with all the stages of the life cycle of a commercial product, process, or service.

Latest revision as of 16:14, 23 January 2023

On what level can goodness be measured?

Goodness can be measured at 4 levels

  • Legal Entity, total for the whole organization, examples are ESG scores
  • Location, for example sustainability profile of a production location
  • Brand, combined scores for all products within a certain brand.
  • Product, for example the LCA (life cycle assessment) for any individual product.

Different measurements systems related to Goodness