Generation, Calculation and Interpretation of Social Impacts with the Social Analysis of SEEbalance®
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Measuring sustainability is an important prerequisite for making strategic decisions. BASF has developed several instruments to evaluate sustainability whereby the utilization of each method depends on the concrete purpose or issue in question. The new Social Analysis will contribute to this setup by assessing social impacts along the value chain.
The Social Analysis is implemented in the SEEbalance® calculating results with the Social Life Cycle Assessment (S-LCA) and with a specific Social Hot Spot Assessment. Both approaches generate, calculate and interpret the social impacts from different perspectives. Different levels and approaches of data generation and calculation are used for drawing conclusions on the social performance of product alternatives fulfilling the same functional unit. The close link to the environmental life cycle assessment enables practitioners a holistic view on sustainability aspects which in turn support decision-making processes.
For the assessments, processes and decision trees to harmonize the generation of coherent results were developed and will support the data generation process. Different levels of interpretation of findings leading to overall results support and harmonize the interpretation of the findings significantly.
KeywordsSocial Life Cycle Assessment (S-LCA) Social Hot Spot Analysis Interpretation of results Sustainable Development Goals (SDGs) Social impacts
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