Getting started with the assessment
It can be challenging to get started with social assessment. Where do you get started and what do you need to consider? The goal of the application guidance is to help you with this. It aims to guide you through each of the steps of the product social impact assessment:
- Define business goal and specify initial:
- Boundaries of the assessment, including choosing stakeholders
- Data requirements linked to communication
- Perform or check materiality assessment to prioritize topics
- Understand and draw the value chain
- Distinguish known and unknown value chain actors
- Use three questions to create longlist of concerns in this chain
- Prepare for hotspot assessment per material topic
- Get access to data tools, and prepare for desk research
- Assess data
- Detailed PSIA assessment of hotspots (if required by business goal)