Factory Impact Measures – Corporate Social Responsibility

Category :

Consulting

Context

Modeling the overall performance of factories while considering their social and environmental impact, extending beyond their financial performance.

Approach and methodology

  • Study Setup and Literature Review:
  • Initiation of the study with client discussions to comprehend existing processes.
  • Benchmarking existing methodologies through literature research.
  • Preliminary Study:
    • Analysis of historical factory data to identify impact factors.
    • Formulation of an initial dashboard for non-financial performance indicators.
  • Main Study:
    • Implementation of on-site studies to refine the understanding of impact factors.
    • Measurement of these factors in monetary terms for a comprehensive evaluation.

Objective

  • Monetary Measurement of Value:
    • Measure, in monetary terms, the value created by the factory for society and vice versa.
  • Consolidate a Dashboard:
    • Develop a comprehensive dashboard of non-financial performance indicators to provide insights into human, social, and natural capital.

Results obtained

  • Pilot Factory Selection:
    • Identified and selected pilot factories for the study.
  • Synthesis Report:
    • Produced a comprehensive report summarizing relevant approaches and methodologies for the study.
  • Methodology Recommendations:
    • Issued recommendations for the methodology to be employed in the study.
  • Stakeholder Survey Summary:
    • Conducted surveys among stakeholders and compiled a summary report.
  • Adjusted Dashboard Implementation:
    • Developed and implemented an adjusted dashboard of non-financial performance indicators.
  • Value Assessment:
    • Evaluated the created value for society and the four pilot factories.