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UN Forum Series blog: Radical Transparency, or how to use public data for large scale Social-Impact Assessments

All benefits aside, conducting social impact assessments through a complete Social-Life Cycle Analysis can be very challenging due to time and data constraints...The field is very new, and as such challenges remain. I outline here below two main challenges to Social-Impact Assessment, as well as how Questionmark is dealing with them at the moment...How to weigh vastly different topics is a very big challenge.  Questionmark has dealt with this challenge by consulting with various stakeholders, asking them what they deem the most salient risks. As a result we weight all themes equally at this moment...Conducting a Social-Impact Assessment requires a significant amount of data. It encompasses multiple supply chains, which in turn encompass numerous companies, contractors and subcontractors (which all require their own inputs). Each of them are tied to specific human rights risks.  Questionmark uses the Social Hotspot Database for this purpose... It is...advisable to conduct supplementary research and external verification by consulting with various stakeholders, something we do as well...Most additional work lies in developing a sound methodology to assess these impacts and building the tools to make impact assessments accessible on a large scale...

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