Measuring Goodness
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Revision as of 13:55, 22 November 2022 by Hans.de.Gier (talk | contribs) (→On what level can goodness be measured?)
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.
ESG
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
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.
