Phase 5 of the Roundtable for Product Social Metrics
After the successful Forum on June 26th 2017 in Amsterdam the Roundtable has focussed this phase on updating the handbook and the methodology. During three meetings, of which the first was in the headquarters of Solvay in Brussel (November 2017), the second in Amersfoort and the third one at ArcelorMittal in Paris (March 2018) members worked together in fruitful and constructive discussions.
A new stakeholder group (smallholders) was added. The five Capitals (Natural, Human, Social, Financial, Manufactured) were included as a bases for the revised social topic list and the Theory of Change was included as a base for the reference scales. In addition, linkages were made to Circular Economy. An update can be found in this slide-set.
The new handbook, with the new Framework will be launched during the S-LCA Conference in Pescara in September 2018.
The handbook includes the updated list of social topics, the description of inter-dependencies and the qualitative assessment approach will be outlined. Furthermore, new case studies will be published.
Product Social Impact Assessment helps companies to identify the social impacts throughout the life cycle of a product or service. The method supports the identification of social hotspots and improvement opportunities, including risks in supply chains, production, use phase and end of life. The method also allows companies to identify both the negative and the positive impacts, which is the basis for strengthening the positive impacts and better managing the negative impacts. In this way, Product Social Impact Assessment can be a business driver and a source of inspiration for product innovation.
Product Social Impact Forum 2017
Creating value from understanding Social Impacts in the Life Cycle of your products
A group of 11 industry leading companies joined efforts to create a pragmatic methodology that is feasible, understandable and applicable for different sectors. This approach for Social Product Assessment was applied on several real case studies.
We invite you to join and to contribute to this important process, and get a day of interaction with your peers, which will also be very interested to hear your story, your challenges and successes.