There is growing societal recognition that companies are accountable for their entire supply chain, downstream and upstream. As a result, the need to investigate and give visibility to all potential and actual social impacts throughout the product life cycle has become an increasingly important value driver for companies in relation to sustainability. One of the challenges is to make product social impacts visible and measurable throughout the value chain. The Roundtable for Product Social Metrics, a multi-industry group of market-leading companies,has taken up this challenge to develop and test a pragmatic methodology that assesses the social impact of products. Read more about the business value of the product social impact assessment method.
The Roundtable for Product Social Metrics is a business-led initiative dedicated to developing and disseminating the Product Social Impact Assessment method, designed to make the social benefits and burdens of a product visible.
The Roundtable aims to create a standard framework for Product Social Impact Assessment, in close cooperation with external stakeholders such as academia, NGOs, governments and industry organisations. Read more about the project and how to become a member.
The Roundtable for Product Social Metrics, started three years ago, is now moving forward as a multi-stakeholder organisation. With this step, the Roundtable is opening its doors to new participants, inviting interested companies, industry associations, NGOs and researchers to join the collaboration.The main goals are to refine the concept of product social impact assessment and further its adoption in industry.
This one-pager discusses the business value of using the product social impact assessment method to for your company.
This one-pager discusses the value of joining the Roundtable for Product Social Metrics for your company.
This presentation presentation provides an introduction on the value of product social impact assessment and outlines the methodology.
What social impact risks and opportunities hide in your products? For the first time, a Social Impact Assessment is available to help you see how well your products do in various social impact topics, making it a high-impact tool to improve social sustainability.
"BASF developed sustainability evaluation methods like SEEBALANCE® and AgBalance™, where social indicators are a significant part of. To discuss social indicators and the further development of them together with other industry partners was a main motivation of taking part in this project."