There is a plethora of sustainability information currently available via studies/research papers/analytical bodies / data sharing platforms/ rating services etc.
What therefore does the approach of ECoLibri offer?
ECoLibri’s uniqueness, when researching a company, does not simply ask and report ‘what do you do?’ but also determines its degree of performance measurement and alignment of its goals both with the UNGC and its peers.
This approach was then seen to require a collective simplistic measurement rating, incorporating and balancing all elements whilst remaining sensitive to rapid evaluation of the rating following input changes.
This has been successfully achieved in 2022 through the development of the ECoLibri Sustainability Index (ESI) and its sub-ratings S-I-M.
This index incorporates performance rating and ranking comparisons at two levels:
– by company as ESI Overall, ESI-Strategy, ESI-Implementation, ESI-Measurement
– and by sector
The ESI (Overall) is broken down in 3 sub ratings and rankings: ESI (Strategy), ESI (Implementation), ESI (Measurement)
The unique power of ECoLibri’s ESI lies in it not simply being a tick-box exercise, repeating the approach of many other rating services, but rather in being sensitive to input changes. This offers an expeditious simulation of the impact on a company’s rating and ranking, thereby positively influencing its (future) reporting effectiveness, for the good of our World.