Economic

Why we value Economic impact

To state the obvious - unless businesses are profitable, they cannot succeed or grow. However, we do firmly believe that with profitability comes responsibility. The age of putting shareholder profits before all else may be over, but sustained value creation and long-term prosperity should still be met in order to best serve an organisation’s stakeholders. Companies that generate wealth should also be part of the wider social system, measuring performance not only in returns to shareholders but also in the positive environmental, social and governance impact they achieve. 

How we measure it

We measure economic impact by looking at your corporate ethics and purpose, and whether responsible and good governance exists within your organisation. This means that you are operating your business in a fair and transparent manner, and that you are acting responsibly to mitigate risk, disclose relevant information, safeguard data, and practice responsible innovation. It also means that you are taking adequate steps to ensure the wellbeing and rights of your workforce, and that you are taking into account the needs of your wider stakeholders in your economic decision making.