What rules are being used?
Methodology.
The methodology framework consists of 4 Key Impact Areas, Awareness Criteria and Risk Criteria. Information and data are drawn from GHG Protocol, ISO and GRI standards, and the SDGs to assess a company’s business model, product life cycle, and ESG impact. Our partners at DTU and Reykjavik University have contributed throughout the creation of the methodology.
Market Adaptation | Life cycle analysis | Environmental Impact | Social Impact |
|---|---|---|---|
*aspects assessed | *aspects assessed | *aspects assessed | *aspects assessed | Business model, competitive advantage, innovation capacity, accessibility to stakeholders, and vertical adaptability. | Each stage of the life cycle framework.
| Water and land pollution, energy usage, CO2 emissions, biodiversity and waste. | Value and impact on the wider community and stakeholders.
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If your solution fails to score above 40%, Sustainary will provide guidance and advice on how to improve your solution’s score.
Validity period.
The assessment is valid for 1 year.
In order to maintain Sustainary’s Green Impact Assessment certification, a company must update their assessment annually by providing updated documentation to ensure that companies continue to uphold their solution’s life cycle and ESG impact as the business grows and develops.