Norma Schönherr

15 ways to measure and manage business impacts on sustainable development

27. Apr 2017

Understanding a company’s impact on sustainable development, and finding ways to manage it, is not an easy task. With several hundreds of tools available that claim to, one way or another, help in managing and measuring business impacts on sustainable development, choosing one to address the needs of a specific business is difficult. To help companies in choosing and using some of the most valuable tools, GLOBAL VALUE has created tool showcases.

About GLOBAL VALUE

GLOBAL VALUE is one of the largest EU-funded research projects to date addressing the measurement and management of business impacts on global sustainable development. It aims to create knowledge, tools and resources that companies and their stakeholders can use to comprehensively assess and better manage their impacts. 

About the showcases

226 tools were collected by GLOBAL VALUE, all helping businesses measure and manage their impacts. The GLOBAL VALUE consortium tested 15 of these tools together with business in order to provide.

  1. Practical insights into what benefits each tool can bring, 
  2. what challenges companies face and
  3. how each tool can help you advance in measuring and managing business impacts on sustainable development

GLOBAL VALUE tool showcases aim to help in assessing and improving sustainability management systems, evaluating impacts and risks, in building strategies for increasing companies’ positive impact, as well as mitigating potential negative effects on sustainable development.

The first four showcases are now available at the GLOBAL VALUE website and take a closer look at B Lab's B Impact Assessment, the Quick Human Rights Compliance Assessment by the Danish Institute for Human Rights, the LBG Model by Corporate Citizenship, and the Gender Equality Initiative's Gender Equality Principles (GEP) Assessment.

Join the GLOBAL VALUE virtual launch

More tool showcases will be launched regularly as we approach the GLOBAL VALUE virtual launch!

This virtual event will launch for the first time the full GLOBAL VALUE toolkit, including the tool showcases, a tool navigator based on the largest available categorized database for business, as well as thematic guides and case studies on impact measurement and management.