Methodology & Scorecard
An ESG methodology specific tailored to SMEs
The ESGgen Scorecard™ is a proprietary set of 29 standardised, but evolving measures, which conform to 6 properties of ESG disclosure.
What’s the ESGgen methodology?
We measure ESG impact using a proprietary scorecard of 29 measures developed by Marc Lepere (Founder and Chief ESG Officer) as part of his research at King’s College London. There are 8 environmental, 15 social, and 6 governance measures. The data used to compile the scorecard is verified by Chartered Accountants who have also been certified in ESG.
The ESGgen Scorecard™ was developed in four steps:
I. Fifty measures were selected from the Refinitiv database (of 400+) and mapped to the World Economic Forum Framework (September, 2020).
II. Each measure was assessed against 6 ESG disclosure properties. Only measures that fulfilled all 6 properties qualified.
III. The 27 qualifying measures were tailored to SMEs & Startups in workshops and 2 measures were added.
IV. The final selection of 29 measures was cross-checked with EU mandatory disclosure requirements. The data is SFDR and scope 3 'compliance ready'. When company-specific or industry-specific data are required, we include additional measures in the Scorecard.
The methodology was tested and refined with the University of Edinburgh and Redrice Ventures, a private equity venture capital company working with the British Business Bank.
The ESGgen Scorecard
The ESGgen Scorecard(TM) is an open resource and free to use under Creative Commons License Attribution-ShareAlike 4.0 International (CC BY-SA 4.0).