Social Good Rating Agency
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Companies do whatever meets their bottomline. They are often faced with the conundrum of which their decisions are made to profit the company but wholistic considerations are never met. A Social Good Rating Agency operates similar to a credit rating agency like Equifax or TransUnion but measures Social Good impact for all public companies.
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The Social Good Rating agency establishes and maintains a list of all the possible rankings along with the respective weights for each. Utilizing these metrics and leverage actuarial sciences to provide a Social Good Rating system for all publicly traded companies. There is a overall score and sub scores based on each category. The score is another datapoint that investors could use to make their investments responsibly.
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