Oiconomy Pricing

Goals and Principles

Goals 

  • To provide a comprehensive assessment of environmental sustainability and social responsibility through a uniform and aggregable measurement of the preventive cost distance to sustainability.
  • To have preventative costs as a permanent part of the supplier – customer communication.
  • To encourage end-producer companies and their whole value chains to calculate and execute sustainable solutions.
  • Long term: To set up a certification system with third party verification

Key principles

  • Costs of preventing negative sustainability impacts are calculated
  • Entire product value chains covered
  • Assessment based on performance of value chain actors
  • UN Sustainable Development Goals comprehensively addressed
  • Transparent data & methodology
  • Based on latest scientific research
  • (Approval of scientific committee for adaptation of assessment system and its methodology)
  • (Third party verification for the external communication of results required)