The Paragon +Grading Tool is a novel approach to bridge the gap between the intentions and the impact of an organisation, thus helping to build their theory of change and navigate simply towards their ESG and sustainable impact goals. Our robust methodology carries out a detailed analysis of the impact (positive and negative) across an organisation’s sphere of influence by quantifying the Scale, Magnitude and Duration of the impact as well as the Probability and Risk associated with it. This process requires high quality & verifiable data in order to respond to 53 expertly curated impact statements, informing the performance against all 17 SDGs and the ESG sub-themes.
Each grading assessment first completes a strategic four-tier materiality weighting process across all SDGs, which identifies the relative importance of the SDGs from those that are Core to the organisation to those that are Negligible. The associated weighted algorithms allow personalised yet comparable performance results to be produced, as they deliver ‘Core SDG only’ results and gradings, as well as those integrated Comprehensively across all SDGs and ESG sub-themes. All of these findings are supported by an integrated dashboard and reporting outputs, summarising the Core and Comprehensive Gradings as well as critically highlighting potential risks factors and long-term monitoring needs.
The data is analysed in the context of the impact the data reflects and consolidated into an SDG grading.
The Paragon +Grading output provides alignment to company specific ESG strategies but also allows for compliance with various existing and emerging ESG regulations through the Paragon Strategy and Governance tool, with advisory services if required.