03 caps 4 vishal kapadia (wikirate & chainreact)

Measuring and Rating Corporate Impacts Vishal Kapadia – ED, The WikiRate Project e.V.

DSI Workshop, 29th June, Brussels, Belgium

WikiRate – What?

Building the Empirical base for quantitative (and qualitative) company research and ratings on Environmental, Societal and Governance impacts

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Aggregating and contextualising company data, increasing stakeholder engagement – young people, NGOs, academics

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Collecting data on thousands of companies, across all public indicators

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Includes data on Climate Change, Human Rights, Environmental Impact, etc.

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WikiRate – Why? 

Companies encouraged to, or are mandated to report, but data is packaged in CSR reports

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Difficult to extract information in a comparable and usable way

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Data is stuck, stakeholders (investors, researchers, civil society organisations, consumers, journalists) need access to this information

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Dearth of innovation in the Sustainability world – Innovation centres around incremental and not step changes

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Requirement for empirical base for global and local challenges from Climate Change to Human Rights issues 3

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WikiRate – Lessons Learned Crossing the Chasm requires early adopters, before mass Civil society, academia and private sector partnerships help build brand, credibility and relevance Social permissions much harder than technical permissions – even when industry is ripe for disruption Combination of top down and grassroots thinking

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WikiRate - Policy considerations United Nations SDGs – Corporate impacts Governmental, and non-governmental jurisdictions Funding for PPPs Strengthening corporate mandates in line with governmental economic and social pressure

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Find us: http://WikiRate.org http://chainreact.org

Contact: Vishal Kapadia - Vishal@wikirate.org