People

This paper presents a conceptual framework for understanding the non-financial performance of firms through the lens of the OECD Well-being Framework.

Use this resource to:

• Better understand and navigate the selection of indicators in the ‘Social’ dimension of ESG. It can also help businesses align their metrics with those used in official statistics, thereby improving comparability across regions or sites in which a business operates.

This paper sets out how investors can ensure they respect human rights across all their investment activities, as defined by the UN and OECD.

Use this resource to:

• Measure, assess and value: Understand the extent to which investors are facilitating human rights harm; the extent to which they could or should have known; and the quality of any mitigating steps.

Standard and guidance on how to apply the third of SVI’s Social Value Principles.

Use this resource to:

• Measure, assess and value: Use the guidance to value impacts from the perspective of affected stakeholders. This standard emphasises the importance of using data collected directly from stakeholders.

Guidance that outlines a process for organisations to follow so they can identify, measure and value their impacts and dependencies on social and human capital.

Use this resource to:

• Strategy: under construction
• Governance: under construction
• Identify: Map the links between significant impacts and the business activities that affect or rely on them. This process helps organisations determine whether each impacted stakeholder is likely to affect their business model (and therefore enterprise value)
• Measure, assess and value: Value impacts and dependencies on social and human capital. This methodology draws on organisational data, data collected from stakeholders and publicly available country- or sector-level data.
• Set targets and plan: Use the guidance on how to identify and engage with stakeholders in order to set objectives for a social and human capital based assessment.
• Implement: under construction

Standard and guidance on how to apply the fourth of SVI’s Social Value Principles.

Use this resource to:

• Measure, assess and value: Follow the guidance to determine whether an impact is significant to people or the environment, requiring management.

The Principles provide the basic building blocks for organisations that want to make decisions whilst taking social value into account. They are intended to help organisations optimise value for all stakeholders materially affected by an organisations activities. Practice Standards are available to help organisations implement each principle to a point where they are accountable for their activities and are making decisions to optimise value.

Use this resource to:

• Set up processes to include social value data in management decision-making.

Standard and guidance on how to apply the first of SVI’s Social Value Principles.

Use this resource to:

• Identify: Use the guidance on identifying stakeholders and engaging with them to understand actual and potential significant impacts.
• Set targets and plan: Use the guidance on identifying stakeholders, engaging with them, and collecting information to help shape strategy and objectives.