Impact Valuation

Collect Entire Value Chain Impacts

This Join function unions all the calculated impacts from the upstream part, downstream part, and corporate operational part. It then maps additional information from the Sustainability Reporting Standards Model Table and the Stakeholder Capitalism Metrics Model Table to the effects for easy reference in the reporting section.

Apply Waste Adjustments

This Allocation function adjusts the amount from the Collect Entire Value Chain Impacts function by waste adjustment factors defined in the Waste Adjustment Data Model Table. This reflects the additional impacts generated by waste treatment. In other words, the effect values are multiplied by the corresponding waste adjustment factors to calculate the adjusted effect values. If no waste adjustment factor is given, the effect values will remain as before. For more detailed descriptions about the logic and values for waste adjustment factors, see the corresponding Model Table in Waste Adjustment Data.

Valuate Adjusted Impacts

This Calculation function is used to assign a monetary value to all the created impacts, where applicable. This makes comparison easier and more intuitive. In this procedure, different rules are applied to correctly cover all impacts.

For all effects measured in monetary units (that is, mainly the economic effects), the monetized value is set equal to the absolute effect value. This means that the monetized value equals the effect value for effects with positive effect value. In contrast, if the input of monetized values of effects are provided as a negative value, they are converted into positive numbers. For example, taxes paid or investments in employee trainings may be provided as negative values because they represent a monetary outflow for the company. Still, they need to be reported as positive impact due to such effects creating value for the society.

Next, impacts that do not require any monetization are processed. In such cases, no monetization factor needs to be defined in the Monetization Data Model Table. The effect values will be kept as before for the final result whereas no monetized value will be provided.

All other impacts are multiplied by the corresponding monetization factor specified in the Monetization Data Model Table, with the exception of the carbon offsetting as it is already monetized in a previous step. This is why for this particular effect, the amount in group currency is used as the monetized value.

The result provides a holistic overview of all impacts measured in the physical effect unit and a monetized value in group currency.

Finalize Impact Valuation Result

This Join function collects the result from the Valuate Adjusted Impacts function and prepares the data for the result display.