#ImpactAssessment
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Environmental Impact Calculators - Analyze Your Eco Footprint
**Measure Your Impact with Our Environmental Calculators!**
Step into the world of eco-awareness with our Environmental Impact Calculators. These tools empower you to understand and reduce your environmental footprint. Let's explore the calculators designed for a sustainable future:
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**Embark on a journey of environmental responsibility with our calculators. They're user-friendly, insightful, and just a click away!
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Why ESG Risk Ratings and ESG Impact Ratings Are Not the Same
In investment and corporate decision-making, there are growing ESG considerations; growing traction comes along with metrics like ESG Risk Ratings and ESG Impact Ratings. Although their names seem synonymous, these two concepts serve different purposes and applications. For investors, companies, and even stakeholders seeking to make decisions that align with sustainability and ethics, it is crucial to know the differences between ESG Risk Ratings and ESG Impact Ratings.
What Are ESG Risk Ratings?
ESG Risk Ratings are meant to capture a company’s risk exposure from specific ESG risks and track how this risk is being mitigated or managed. Ratings under this focus identify the potential negative impact ESG factors can have on a company’s financial performance, reputation, and the stability of operations.
Key elements of ESG Risk Ratings include:
Risk Exposure: Analyzes how exposed an organisation is to ESG-related risks given its line of business, geographies in which it operates, and business activities.
Risk Management: How effective a company is in its ESG risk management approach through policies, initiatives, and governance practices.
Materiality: Industry-specific ESG factors like carbon emissions for energy companies or labor practices for manufacturing companies that are considered material to the financial performance.
For example, a firm with high emissions but no effective climate action plan may warrant a low ESG Risk Rating as an indicator of its potential financial instability due to scrutiny from regulators or changing consumer preferences.
What Are ESG Impact Ratings?
On the other hand, ESG Impact Ratings score what contributions an organization makes to green, social, or governance goals in a positive or negative sense. Unlike ESG Risk Ratings, which measures how ESG factors are operating from the company’s angle, Impact Ratings measure how the company impacts its surroundings.
ESG Impact Ratings focus on the broader outcomes of societal and environmental impacts that result from a firm’s actions.
Important elements of ESG Impact Ratings are :
Environmental Contribution: Measures efforts to improve environmental health, such as cutting carbon emissions, enhancing biodiversity, or adopting renewable energy.
Social Impact: Evaluates contributions to societal well-being, such as promoting diversity and inclusion, supporting local communities, or driving innovation in healthcare and education.
Governance Impact: Examines the company’s fairness, transparency, and ethical practices, particularly in its decision-making processes and stakeholder engagement.
For example, a renewable energy company that significantly reduces global carbon emissions and creates green jobs would score high on ESG Impact Ratings, even if certain operational risks (such as supply chain vulnerabilities) lower its ESG Risk Rating.
The key difference between the ESG Risk Ratings and the ESG Impact Ratings is what they focus on and from which perspective. ESG Risk Ratings look inwards and assess how ESG factors impact a company’s financial and operational performance. Their strategy is to identify vulnerabilities such as regulatory risks, reputational harm or environmental liabilities and see how well the company manages these risks. It helps in gauging the downsides for the business that can be shared with investors or stakeholders about the risks associated with that particular company or industry.
On the other hand, ESG Impact Ratings are outward-looking and measure how the actions of a company contribute to broader environmental, social, and governance goals. They give insights into the positive or negative effects on society and the environment that the company has. These ratings do not focus on risks towards the company itself but on the ability of the company to drive meaningful change such as reducing carbon emissions, creating social equity, or encouraging ethical governance practices.
The concept of materiality is also another significant difference. ESG Risk Ratings give more importance to industry-specific ESG factors which are likely to significantly impact financial performance. Water usage might be critical for a beverage company, while data privacy would be more relevant for a tech firm. For that matter, ESG Impact Ratings go beyond industry-specific issues and give companies a rating based on their ability to contribute to universal ESG goals, irrespective of its industry.
ESG Risk Ratings are primarily used for risk management and compliance purposes in investment. Investors will now be able to identify companies that face financial instability because of poor ESG practices. On the other hand, ESG Impact Ratings are more tailored to sustainability reporting and impact assessments, appealing to investors and stakeholders who give more importance to positive societal and environmental outcomes and less significance to the mitigation of financial risks.
And thus, an understanding of these differences is essential so that stakeholders apply the correct framework based on the objective of minimizing risks or maximizing positive impact.
Investors Using Such Ratings Of course, ESG Risk Ratings and ESG Impact Ratings both feature significantly in the investment strategy. However, both serve different purposes.
ESG Risk Ratings are highly useful for investors who value financial risk management. For example, an investor in a traditional energy company would use ESG Risk Ratings to understand the potential financial impact of regulatory changes or environmental lawsuits.
ESG Impact Ratings: These ratings are also appealing to socially conscious or impact-driven investors. That is, an investor who invests in a green bond or social enterprise fund may turn to Impact Ratings for the purpose of ensuring that his investments really do align with his values and contribute to measurable positive change.
Challenges and Criticisms
Despite their importance, both ESG Risk Ratings and ESG Impact Ratings face challenges, including:
Standardization: There is a lack of standard methodologies among rating agencies that could lead to conflicting information and confusion.
Data Limitation: Companies may not disclose adequate ESG data, which renders the evaluation incomplete or inconsistent.
Greenwashing: Some may exaggerate their ESG impact or downplay risks, which makes it challenging for ratings to remain objective.
Read More: ESG Risk Ratings vs ESG Impact Ratings
Conclusion
ESG Risk Ratings and ESG Impact Ratings are complementary tools, which help in different kinds of insights for a company’s ESG profile. Risk Ratings help in assessing the potential threats toward a company’s financial performance, whereas Impact Ratings are about contributions made by companies toward a sustainable and ethical future. Combining both, they empower stakeholders to make more thoughtful, balanced, and value-driven decisions.
As the world faces increasingly complex environmental and social challenges, robust ESG evaluations will become even more critical. Be it an investor, corporate leader, or policymaker, understanding the differences between ESG Risk Ratings and ESG Impact Ratings is a requisite for navigating today’s investment landscape and achieving long-term sustainability.
#ESGAnalysis#EthicalInvesting#GreenFinance#ESGPerformance#ClimateAction#SocialImpact#GovernanceMatters#ESGStrategies#SustainableDevelopment#ImpactAssessment#ESGTrends#SustainableBusiness#FutureOfFinance#ESGInsights#RiskVsImpact#CorporateSustainability#ESGLeadership#ESGFramework#SustainabilityMatters#LongTermInvesting#ESGStandards#InvestmentEthics#GlobalSustainability#FintechSustainability#TransparencyInBusiness#ResponsibleLeadership#CarbonNeutrality#ESGInnovation#SustainabilityReporting
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Key Guidelines for Creating Effective Monitoring and Evaluation Frameworks
At The 4th Wheel, we recognize that a well-structured monitoring and evaluation (M&E) framework is essential for driving project success. Our approach focuses on helping organizations establish clear objectives, engage stakeholders throughout the process, develop meaningful key performance indicators (KPIs), set baseline data, and design thorough data collection strategies. By adhering to these essential practices, we empower our clients to measure progress accurately, evaluate impact, and make data-driven decisions that foster continuous growth and improvement.
#MonitoringAndEvaluation#EvaluationFrameworks#The4thWheel#M&E#ImpactAssessment#social impact assessment firm#sustainable development goals#social impact management
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Uncover an essential truth : not every company meets the criteria for impact assessments. Understand the significance of eligibility standards in evaluating a company's social and environmental impact.
Stay educated on the role of impact assessments in measuring corporate responsibility and sustainability efforts.
Source Url : https://bit.ly/3PhKTBr
#csr#corporate social responsibility#business#csr initiatives#fiinovation#fiinovation csr#fiinovation reviews#fiinovation instagram#finance#reviews#fiinovation facebook#fiinovation linkedin#fiinovation okhla#impact assessment#impactassessment#sustainability#sustainable#self sustaining#onlinepresence#online#organization
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Dear All,
We are pleased to invite you to attend December’s Wageningen Evolution & Ecology Seminars (WEES) in-person! The seminar will take place on Wednesday, December 14th 2022, 16:00-17:00 in Orion C2035. This will be followed by drinks at The Spot!
---------------------------------------------------------------------- Seminar: Is Conservation Working? Advancing Impact Evaluation to Improve Outcomes for People and Nature.
Prof. Julia Jones
Prince Bernhard Chair for International Nature Conservation, Utrecht University, The Netherlands & Professor in Conservation Science, Bangor University, Wales
We are living through a nature emergency. In response to this catastrophic loss of biodiversity, a wide range of conservation efforts are being implemented around the world. However, and this might surprise those of you who don’t work in conservation, despite billions having been spent on conservation interventions over the last few decades, we know remarkably little about what works and what doesn’t. Drawing on a global analysis of the effectiveness of protected areas at protecting waterbirds, and a Randomized Control Trial of a payment for ecosystem services scheme in Bolivia I will explore how impact evaluation can improve the outcomes from conservation. Madagascar’s biodiversity is unique but under extraordinary pressure. I will show evidence (from three impact evaluations published this year) that, despite the challenges, conservation in Madagascar is making a difference. I will end by making the case for a dose of optimism in conservation
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About WEES:
WEES is an initiative of PhD students and postdocs at Wageningen University to organize a continuing series of stimulating seminars on contemporary topics in evolution and ecology. For this series we invite researchers from all over the world who have leading roles in their field. We aim to bring together different groups at Wageningen University using a variety of systems, but with a common interest in evolutionary and ecological questions. WEES is funded by graduate schools PE&RC, WIMEK, EPS, VLAG, and WIAS.
Want to organize seminars yourself? Join WEES!
WEES is looking for new members! We aim for a broad and diverse range in topics and would like to welcome new members to help and include topics not represented yet. If you are curious, send an email to [email protected] and join one of our meetings.
To stay up to date, follow us on twitter @weeswageningen
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DIGGING DEEP: HOW OUR SOCIAL BEHAVIOUR AFFECTS OUR HEALTH!
#healthassessment#riskanalysis#impactassessment#health#wellness#healthandwellness#yoga#nutrition#physicalexercise#bodybuilding#running#gym#food#dieting#eathealthy#healthchoice#healthcoach#healthydiet#fitfood#meditation#healthymind#energy#workout#nopainnogain
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Fun to have been invited to share about 2 of my favourite topics: social entrepreneurship and blockchain at UC Berkeley business club Pi Sigma Epsilon! ✌🏼And of course give an overview of future plans for the @serendipiacoop. 🤗 it’s worth noticing that even in a school like Berkeley crypto has still a long way to go. 🚂 It’s only the very start of the biggest social revolution of the modern age. 🔥Looking forward to share our story at Blockchain at Berkeley next. 🧞♂️ #serendipialife #serendipiateam #pisigmaepsilon #ucberkeley #haasbusinessschool #crypto4good #blockchain4good #blockchain4socialgood #tokeneconomy #crypto4socialgood #impactassessment #impactinvesting #sharedprosperity #globalgoals #sdg #jlofromtheblockchain (à UC Berkeley)
#blockchain4socialgood#haasbusinessschool#serendipialife#blockchain4good#impactassessment#serendipiateam#impactinvesting#sharedprosperity#globalgoals#ucberkeley#crypto4good#sdg#crypto4socialgood#pisigmaepsilon#tokeneconomy#jlofromtheblockchain
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Impact Assessment Limited Corporation is a consulting firm focus on environmental impact assessment (EIA) studies and services.
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Hinkley Mud still needs more testing for radiation
Hinkley Mud still needs more testing for radiation
Richard Bramhall, Secretary of the Level Radiation Campaign. Tomorrow theSenedd will debate a petition calling for an Environmental ImpactAssessment (EIA) to be undertaken ahead of any further dredged materialfrom Hinkley Point being disposed of at the Cardiff Grounds disposal site. This is taking centre stage as Electricité de France (EDF) seeks a licenceto dredge huge amounts of mud from the…
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Simfoni defines impact assessment as a fact-finding mission that seeks to look for and address root causes that change certain aspects of the business before they happen. https://simfoni.com/impact-assessment-101/
#ImpactAssessment #ImpactAnalysis #Procurement #Sustanability #Simfoni #SpendAnalysis #SpendANalytics #SustainableProcurement #Supplychain #spendmanagement #ProcurementManagement #Business
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Mines and Minerals Amendment Bill 2021
Mines and Minerals Amendment Bill 2021
GS 2 : Government Policies and Interventions for Development in various sectors andIssues arising out of their Design and Implementation GS 3 : Conservation, Environmental Pollution and Degradation, Environmental ImpactAssessment Source : https://www.thehindu.com/news/national/rajya-sabha-passes-mines-and-mineral-amendment-bill/article34134612.ece Reference :…
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𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐕𝐚𝐥𝐮𝐞 𝐂𝐡𝐚𝐢𝐧 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭 𝐨𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬
Value chain analysis is the careful examination of every step a company’s operations to unveil inefficiencies, weaknesses, and possible improvement areas. The analysis of the value chain with respect to its ESG aspects helps an investor have a better sense of how a company works in its sustainability practices as well as how it could affect the overall performance. This deep analysis helps a person understand if a company is managing resources well, if it can handle regulatory compliance issues, and risks associated with its supply chain.
𝐌𝐚𝐢𝐧 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐨𝐟 𝐯𝐚𝐥𝐮𝐞 𝐜𝐡𝐚𝐢𝐧 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬: This means increased transparency of activities that are carried out in the value chain to help investors make informed decisions with proper and comprehensive data.
𝐑𝐢𝐬𝐤 𝐌𝐢𝐭𝐢𝐠𝐚𝐭𝐢𝐨𝐧: One can identify hidden risks related to sustainability, labor practices, and environmental impact that can be proactively addressed before problems gain momentum.
𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: Excellence in value chain management will differentiate a firm from its peers and attract sustainable and responsible investors.
This way, the investor ensures that the portfolios reflect their ESG priorities and investments will thus always contribute to positive societal impact and sustainable growth. Explore More: The Role of Value Chain Assessment in Modern Investing
#ValueChainAssessment#ESGRisks#SustainableInvesting#InvestmentStrategies#Transparency#SupplyChainManagement#RiskMitigation#EthicalInvesting#ESGGoals#Inrate#InvestorInsights#FinancialStrategy#BusinessTransparency#CorporateSustainability#ESGAnalysis#ValueChainOptimization#InvestorProtection#SustainableDevelopment#ImpactAssessment#ESGStrategy
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Friday, August 3, 2018 THE OXUS RIVER ON TAJIKISTAN BORDER CASA 1000 ELECTRIC TRANSMISSION LINE ALIGNMENT, ENVIRONMENT AND SOCIAL IMPACT ASSESSMENT SURVEY FOR SNC LAVALIN CANADA – AN ASIAN DEVELOPMENT BANK PROJECT THE OXUS RIVER ON TAJIKISTAN BORDER CASA 1000 ELECTRIC TRANSMISSION LINE ALIGNMENT, ENVIRONMENT AND SOCIAL IMPACT ASSESSMENT SURVEY FOR SNC LAVALIN CANADA – AN ASIAN DEVELOPMENT BANK PROJECT WE WORKED AS SUB CONSULTANTS OF SNC LAVALIN CANADA ON ADB -Asian Development Bank TA Project Number: 40537-CASA 1000- FROM MARCH 2007 TO SEPTEMBER 2008. Dont get ripped off paying six figure FLEECE known as CONSULTANTS fees for jobs we can do in five figures world wide. We have good teams in Africa , Asia and Americas. FOR MORE DETAILS CONTACT US ON [email protected] #consultants #consultant #asiandevelopmentbank #ADB #donors #surveys #environment #electricity #power #energy #afghanistan #pakistan #ussr #russia #transportation #bridges #logistics #kunduz #bandarsherkhan #centralasia #casa1000 #casarem #TAProjectNumber40537 #impactassessment #environment #infrastructure #geography #oxus #amu #rivers https://www.instagram.com/p/ByiIpKEJAxm/?igshid=12rl9nejndih9
#consultants#consultant#asiandevelopmentbank#adb#donors#surveys#environment#electricity#power#energy#afghanistan#pakistan#ussr#russia#transportation#bridges#logistics#kunduz#bandarsherkhan#centralasia#casa1000#casarem#taprojectnumber40537#impactassessment#infrastructure#geography#oxus#amu#rivers
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Data Protection Impact Assessment
Protect your data from the companies, read the guidelines here.
#dpia #pia #protectionimpactassessment #impactassessment
https://www.emlaw.co.uk/employment-law/covid-19-furlough-job-retention-scheme/?unapproved=424&moderation-hash=eeef2a0a8857cfcc709265773423d303#comment-424
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Tweeted
#RT @AlisonKMurray: RT @ChrisLeslieMP: When the Treasury know the damage that #Brexit will do to the economy, why on earth can’t the public see the details? #transparency #ImpactAssessments https://t.co/xkn1DgJ8ya
— AILEANA MOORE (@AileanaMoore) December 27, 2017
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@Trilateral_UK: Interested in #SmartMobility and #data driven #innovation in the #transport sector? Work with us to develop #responsible, secure, #sustainable #technologies and #BusinessModel. #impactassessment for #driverless #safe #FutureofMobility Read more: https://t.co/WgyoL038RF https://t.co/urOQeBvwmr
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