4 aspects - 2 perspectives - 8 principles of analysis
The Si-analysis combines the following four aspects:
- Social aspects
These four aspects are analyzed from two perspectives and considered equally in the analysis result:
Internal perspective (entropy): To what extent are the business activities sustainable as regards the internal strategy, business approach and processes?
External perspective (pareto): How do business activities and corporate behaviour affect the environment and society/stakeholders?
The combination of the two perspectives with the four aspects results in eight equivalent levels of analysis, which are divided into a variety of sustainability topics. The relevance of these topics varies from company to company. The sustainability topics with high relevance define our hotspots and are particularly important for the assessment. The final rating is carried out based on a scale of A+ to E.
The reciprocal opportunity and risk analysis of Si (E²SE® method)
Traditionally, ESG criteria are used to assess a company's sustainability performance. This means that the opportunities and risks, i. e. the environmental (E), social (S), and governance (G) related impacts on a company are analysed. The E²SE® method goes beyond this assessment approach. In our analysis, we differentiate between the four areas of economics, ecology, social aspects and ethics. In addition, we examine the interplay between an organisation and its external environment. Unlike conventional providers, we do not only consider the opportunities and risks a company faces, but also the ones it poses. This differentiation approach clearly distinguishes us from all our competitors in the market.