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The Ethibel screening methodology
= an integrated and multi-stakeholder approach of sustainability
The Ethibel SRI screening methodology integrates a people-planet-profit
approach with a permanent dialogue with all the company's
stakeholders at every stage of the research and evaluation
process.
The main features of this 'fourth
generation'-approach are:
- an integrated approach to sustainability;
- a multi-stakeholder approach on the level of information
gathering and evaluation;
- a clear distinction between research and evaluation responsibilities.
The analytical framework for the company research consists
of an extensive checklist of “sustainability criteria”,
divided into four areas: internal social policy, environmental
policy, external social policy and the ethical economic policy.
These four areas cover the whole domain of the social responsibility
of companies. Each is divided into several themes, and each
theme is divided into several topics. For each topic, there
is a set of indicators and criteria, linked to a rating system.
A specific aspect of the Ethibel research process is the permanent
dialogue with all the stakeholders,
including the company, at every stage of the research and
evaluation process.
In order to avoid conflicts of interest and bias, the research
activities have been separated from the evaluation procedure.
Research is carried out by the CSR research company Vigeo,
which stringently applies the research methodology developed
by Ethibel. The evaluation procedure, based on the research
results, is organised by Ethibel. Furthermore, Ethibel Board
of Directors calls on the advice of an external and independent
board of experts before taking a decision.
All the companies in the Index are included in the Ethibel
Investment Register. To learn more about the research methodology,
go to Ethibel's Evaluation
Scheme, have a look at the selection
procedure or download the Ethibel
Sustainability Index Rulebook.
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