1. Capturing Social Performance in the Value Flow Chart Stakeholder’s Viewpoints 1 2 3 4 5 Activities Inputs Outputs Outcomes Impact (process) Process of creating Improvements made to Direct or indirect The amount of The number or amount Description effects made on resources used in the social performance of units generated by the beneficiaries through delivering society production process to the activities produce output output Financial benefits Long-term and Corporate Culture Human resources # of production activities secondary effects Acquisition of knowledge Employee Mindset Time Amount of sales Influence on or skills Indicators Company Programs, Money # of people who changes of social Changes of quality of life Policies gained benefits Facilities / Space system Direct improvement of Employment of the social costs disadvantaged E.g. E.g. E.g. E.g. E.g. - Readiness of - Indirect effects - # of people - The number of - Financial benefits Case working environment for employed the on change of their engaged in disadvantaged families’ lives recruitment employees disadvantaged - Coverage of recruitment of the - Long-term value - Cost of resources - Value of directly disadvantaged for employment of improved social cost for of improvement the employing the - Changes of social disadvantaged disadvantaged culture and laws 0
2. Measurement Indicators of SK DBL Social Performance Governance Environment (E) Social (S) (G) Reduction of Reduction of Quality of life Alleviation of inequality (poverty, gender, age, etc.) resource environmental consumption pollution Prevention of aberrant behavior (crime, substance abuse, etc.) Product Stability of social institutions (family, health, safety, etc.) Boosts in public interest (education, culture, community, etc.) consumer safety quality Information protection Shareholder protection Jobs created for the disadvantaged Water pollutant emission Accounting transparency Labor Air Pollutant Emissions Process Material consumption Diversity and inclusion in corporate policies Energy consumption Water consumption Prevention of Corruption GHG emissions Waste disposal Violation of laws Safety and Health Management Fairness of contract execution SHE practice for suppliers Mutual growth Value chain Supportand cooperation Purchase of global fair-trading Philanthropic Purchase Philanthropic projects Contribution Social Community Employee Volunteering & Donations Community protections for safety and health 1
3. Work Flows of Measuring Social Performances (SK DBL) • Classify types of performances (Benefits and Costs) 1 Define Outcomes - Internal : Consumer e.g. Vaccine case - Reduction of incidence rate (Benefits & Costs) - External : the 3 rd Party e.g. Vaccine case - Decrease in contagion rate 3 Is it related to Y • Direct intrinsic valuation 2 Define Indicators • Comparative pricing Social Problem? • Legal Context & Policies N 4 • UN SDGs Calculation of • Local Social • Functions, Variables, Data Total Performance Consensus (with evidence) 6 5 Consideration Deduction of Economic welfare Of Contribution Compensation • Market Compensation • General Consumer Surplus • Applying rules of allocation • Subsidies • General Supplier Surplus - Value-added based - Input resources based - Negotiation based - Shapley Value…
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