From traditional reporting to the Value of Impacts: Novartis' Impact Valuation

Awareness is rising that traditional reporting fails to demonstrate what matters most to stakeholders: a company's social, environmental, and economic impact. Impact Valuation is the tool that enables the measurement and comparison of a company's impact holistically. This is the basis for...

Paradigm shift in health: How to quantify the Social Impact of medical innovations

What is our health worth? In public debates, a misconception tends to prevail that a high-quality healthcare system is expensive. This leads to a focus on price, whereas the effects on society, the so-called “Social Impact”, are undervalued. In Social Impact studies, WifOR thus aims to shift the...

Prevention, not reaction: Why investing in vaccination programs pays off

Vaccinations are considered one of the most effective measures to protect people from infectious diseases – no other health measure has saved as many people from death over the last 200 years. This article provides an overview of the history of vaccination, strategic approaches to vaccination...

Labor market 5.0: "Give up control, retain leadership"

With the prevalence of remote work, leadership is becoming more and more digital. As a result, supervisors are having to fundamentally rethink their leadership style. In this interview with HR expert and blogger Stefan Scheller, you will find out more about the challenges and opportunities of...

How to measure sustainability – best practice at SAP

How can companies measure and compare their economic, environmental and social impact? This is the main question being addressed by the Value Balancing Alliance (VBA) – an alliance of companies with the common goal of making their impact transparent and comparable. The VBA uses a method called ...

Using Impact Valuation to act responsibly – along the supply chain

Companies have an economic, social, and ecological responsibility – from raw material acquisition to the finished product. To help fulfill this responsibility, the EU and individual member states are putting in place new policies and regulatory requirements. For instance, the proposed Corporate...