Finally a Sustainability/CSR Ratings Comparison Tool – a look at Justmeans Insights ™ and the Pharmaceutical Industry

Nov 8, 2011 4:00 PM ET

Posted by Beth Bengston

Recently 3BLMedia/Justmeans launched Justmeans Insights ™, a data visualization platform for measuring, managing and comparing sustainability performance. The platform provides sustainability practitioners, media and investors with the ability to compare 100+ different environmental, social and governance (ESG) data points among peers and competitors. While there are other Indexes (see the list below) that are used by sustainability professional none of them give you the analytical and industry comparison information at your fingers tips.
Pacific Sustainability Index (PSI)
Dow Jones Sustainability Index
CR Magazine
CRRA
SAM Yearbook
CSR HUB
Newsweek Green Rankings
The Global 100
FTSE4GOOD

Now what makes Justmeans Insights ™ so exciting to me is the ability to be able to see the rankings from an industry vertical to start.

So while this appears at first to just be another ranking – it is so much more and could be a great tool for sustainability professionals, investors, etc to gain a deeper understanding of a company’s efforts in the following areas by Key Performance Indicators:

• Environmental Performance Indicators (EPIs): Waste, Energy, Water, Emissions, Risk Mitigation
• Social Performance Indicators (SPIs): Product Responsibility, Community, Human Rights, Diversity & Opportunity, Employment Quality
• Governance Performance Indicators (GPIs): Board Functions, Board Structure, Compensation, Vision & Strategy, Shareholder Rights

But what makes it even more interesting is their ability to dive deeper by topic and see how your company scores against your peers – what are the areas that are considered your strengths.

 

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