EVALUATION METHOD – World Sustainable

Rating ESG sources and evaluation method

The sources involved in the evaluation process are:

External sources, as public information, market data, reputation, awards, etc.
Internal sources, which are documents and information provided by the Organization, social budget, certificates, company processes and policy, interviews, etc.

The evaluation methodis based on two approaches fully linked between them:

a quantitative approach, that evaluates the Organization performance sustainability based on publicly available data that comply to the international standard (Economical Budget, Social Budget, UNI EN ISO Certificates,etc.)
a qualitative approach, which refers to a set of data and information provided by the Organizations rated through the three ESG areas, the Ethical and Social Principles of the SRG88088:20 Standard (Social Responsibility and Governance) and of the 17 SDGs (Sustainable Development Goals) of the United Nations 2030 Agenda.

Standards GRI (Global Reporting Initiative)

The GRI standards allow you to follow guidelines to create reports of sustainable or social performance.

They consist of a modular and interdependent structure to best create economic, social and environmental reports.

The GRI standards represent the best guidelines for reporting sustainable performance reports (also called Social Report).

101 – Reporting principles

102 – General information

103 – Management mode

201 – Economic performance

202 – Market presence

203 – Indirect economic impacts

204 – Procurement practices

205 – Anti-corruption

206 – Anti-competitive behavior

207 – Tax

301 – Materials

302 – Energy

303 – Water and waste water

304 – Biodiversity

305 – Emissions

306 – Water discharges and waste

307 – Environmental compliance

308 – Environmental assessment of suppliers

401 – Occupation

402 – Relations between workers and management

403 – Occupational health and safety

404 – Training and education

405 – Diversity and equal opportunities

406 – Non discrimination

407 – Freedom of association and collective bargaining

408 – Child labor

409 – Forced or compulsory labor

410 – Security practices

411 – Rights of indigenous peoples

412 – Evaluation of respect for human rights

413 – Local communities

414 – Social assessment of suppliers

415 – Public policy

416 – Customer health and safety

417 – Marketing and labeling

418 – Customer privacy

419 – Socio-economic compliance

Standard Ethical SRG 88088:80

Social Responsability and Governance

Ethical and Social Principles:

Responsible administration
Legislative compliance
Child labor
Corporate remuneration and welfare
Bargaining and trade union freedom
Human and workers rights
Equality and lawfulness of processing
Staff rights
Diversity and equal opportunities
Participation and involvement
Occupational health and safety
Health and safety of end customers
Governance and Risk management
Quality of products and services
Product / service innovation
Privacy and customer data protection

Responsible sourcing practices
Enhancement and development of skills
Environment (Generation and management of waste, Energy consumption, Use and management of water, Emissions of greenhouse gases)
Socio-environmental impacts of products and services
Responsible marketing
Economy and economic performance
Business ethics and integrity
Finance
Act lawfully
Support and donations
Peace and solidarity
Business model and reference sectors
Mechanisms and handling of complaints
Community development and involvement
Industrial relations

SDGs

It is an English acronym that stands for Sustainable Development Goals (which we could translate as Sustainable Development Goals) and it can be said that they are more specific objectives than the more known ESG parameters, they can be seen as an extension of them.
In September 2015, representatives of 190 countries gathered at the United Nations to sign a common commitment to achieve well-defined objectives of development, well-being and environmental protection.
A real list of 17 points has been drawn up to be pursued by and beyond 2030: