About Impaakt
Impaakt: Revolutionizing Sustainability through Community-Driven Impact Scores
In today's world, sustainability has become a buzzword that is thrown around by companies and individuals alike. However, it is often difficult to determine whether these claims are genuine or simply greenwashing. This is where Impaakt comes in - a company that provides community-driven impact scores for businesses based on their environmental and social practices.
Impaakt was founded with the mission of creating a more sustainable future by empowering individuals to make informed decisions about the companies they support. The company recognizes that traditional metrics such as ESG (Environmental, Social, and Governance) and Corporate Social Responsibility reports can be misleading or incomplete. Therefore, Impaakt takes a unique approach by crowdsourcing data from its community of sustainability experts to create impact scores for businesses.
The process begins with Impaakt selecting a list of companies from various industries based on their market capitalization and relevance to sustainability issues. The community members then research each company's environmental and social practices using publicly available information such as annual reports, news articles, and NGO reports. They evaluate each practice against specific criteria related to climate change mitigation/adaptation, resource use/efficiency/waste management/recycling/reuse/circular economy principles/biodiversity conservation/human rights/labor standards/community engagement/health & safety/governance/transparency/reporting.
Once the research is complete, the community members submit their findings through an online platform where they are reviewed by other members for accuracy and completeness before being aggregated into an overall impact score for each company. These scores are then made available on Impaakt's website along with detailed information about how they were calculated.
One of the key benefits of this approach is that it allows individuals to see beyond greenwashing claims made by companies in their marketing materials or CSR reports. Instead, they can access unbiased information about how these businesses are actually impacting society and the environment.
Another benefit is that it creates a sense of accountability for companies. By publicly sharing their impact scores, businesses are incentivized to improve their environmental and social practices in order to maintain or improve their reputation among consumers.
Impaakt's community-driven approach has already gained recognition from various organizations. In 2020, the company was named as one of the top 100 most innovative startups in Switzerland by Venturelab. Additionally, Impaakt was selected as a finalist for the 2021 Katerva Awards - an international sustainability award that recognizes groundbreaking initiatives.
In conclusion, Impaakt is revolutionizing sustainability by providing individuals with access to community-driven impact scores for businesses. By crowdsourcing data from its community of sustainability experts, Impaakt is able to provide unbiased information about how companies are impacting society and the environment. This approach creates accountability for businesses while empowering individuals to make informed decisions about which companies they support. As we continue to face pressing environmental and social challenges, Impaakt's mission has never been more important - creating a more sustainable future through transparency and collaboration.
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