Impaakt: Harnessing collective intelligence to improve ESG ratings
The global rise of responsible investing in the last decades (boosted by the increasing debates around climate change, business ethics and distribution of wealth) urged the development of coherent and reliable methodologies gauging the effect of business on Environmental, Societal and Governance (ESG) aspects. However, existing ESG rating methods not only differs greatly among themselves, but they are also typically based on companies’ own practices (outputs), not on the final impact (outcome). To measure the latter, a Geneva-based company called Impaakt developed a digital platform, using the 17 United Nations’ Sustainable Development Goals (SDGs) as benchmark, engaging the collective intelligence of the global community (on a Wikipedia-like model) to achieve this ambitious goal. This case explores the strategies behind the design of such a platform, investigates the importance of scale and sides, and analyses to what extent social and environmental impact can be measured objectively.
- The analysis of this case will enhance the understanding on the current state of the affairs of the sustainable investing metrics, particularly on the measurements on Environmental, Societal and Governance factors (ESGs).
- Case readers should grasp how a digital platform could provide a different model of ESG measurements, by using few different perspectives. This should happen on the Strategic, the Digital Transformations, and the Critical Thinking level.
Impaakt, Business Management Services, Business Services
2015 - 2019
Cranfield University
Wharley End Beds MK43 0JR, UK
Tel +44 (0)1234 750903
Email [email protected]
Harvard Business School Publishing
60 Harvard Way, Boston MA 02163, USA
Tel (800) 545-7685 Tel (617)-783-7600
Fax (617) 783-7666
Email [email protected]
NUCB Business School
1-3-1 Nishiki Naka
Nagoya Aichi, Japan 460-0003
Tel +81 52 20 38 111
Email [email protected]
IMD retains all proprietary interests in its case studies and notes. Without prior written permission, IMD cases and notes may not be reproduced, used, translated, included in books or other publications, distributed in any form or by any means, stored in a database or in other retrieval systems. For additional copyright information related to case studies, please contact Case Services.
Research Information & Knowledge Hub for additional information on IMD publications
In today’s rapidly evolving market environment, businesses face growing pressure to move beyond the outdated ‘take-make-waste’ model. The future be...
An integrated approach to activities that occur outside of markets can have important impacts for companies
The case highlights the significant role played by the International Olympic Committee (IOC) in reducing its environmental footprint and promoting ...
To restore Rio Tinto's social license and direct its decarbonization activities, CEO Jakob Stausholm places a strong emphasis on developing relatio...
The Inner Development Goals (IDGs) help leaders to tackle tough challenges and drive meaningful change. Learn more about IMD's Leading Sustainable ...
Entrepreneurs adopt informal or formal approaches to business, depending on regulatory pressures and other challenges
Skanska’s Lena Hök describes how the construction company’s focus on cutting emissions helps it develop solutions for customers
The BRICS economic grouping of Brazil, Russia, India, China, and South Africa are sitting in the catbird seat as the world’s wealthiest nations spe...
Smarter regulation is required to nudge luxury brands into a more sustainable future, industry experts tell Stéphane J G Girod
We study the effects of carbon transition risk on equity prices in the United States and Europe using disclosed carbon intensity data and find a ne...
in I by IMD
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
in I by IMD
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
in The Financial Review 16 September 2024, ePub before print, https://doi.org/10.1111/fire.12414
Research Information & Knowledge Hub for additional information on IMD publications