OECD Workshop: Measuring Business Impacts on People’s Well-being, 23-24 February 2017, Paris, France, More information at: http://www.oecd.org/statistics/oecd-workshop-on-measuring-business-impacts-on-peoples-well-being.htm

2. How effectively are we using metrics?
• Different types of metrics used by
investors with different approaches to
improving well-being (ESG; CRS; Social
Impact)
• Investors are now more aware of existing
metrics and increasingly resort to impact
metrics to decide on investments, but
scope for improvement

3. Is the quality of existing metrics an issue?
• Measuring business impacts is challenging
and can be subjective
• Need to clearly define metrics according to
investors’ profiles
– E.g. Financial; Responsible; Sustainable; Impact
• Benchmarking is key and some metrics are
available, but not harmonised…
• …across countries
• …across “sectors”
•

4. What incentives are needed to
further spur metrics’ utilisation?
• Work towards global standards endorsed by all players (incl.
businesses, investors and governments)
– …and set up globally recognised certification and rating systems
• Promote international dedicated investment platform(s) and
better integrate existing ones
• Simplify reporting and minimise costs for enterprises and
delivery organisations (e.g. by consolidating data requests)
• Align metrics and regulation (e.g. corporate law) and tax
regimes
• Make use of policy “carrots and sticks”
– reward use of standard metrics and discourage investment
approaches that do not take into account impacts (and related
metrics)