How We Vet Businesses

Our mission is to connect ethical suppliers with buyers who value sustainability, transparency, and social responsibility. To ensure we uphold the highest standards, we evaluate businesses based on three key criteria: Good for You, Good for the Business, and Good for the Planet.

Our mission is to connect ethical suppliers with buyers who value sustainability, transparency, and social responsibility. To ensure we uphold the highest standards, we evaluate businesses based on two key criteria: Good for People, and Good for the Planet.

Good for People

This criterion evaluates how the products impact the consumer’s health and satisfaction.

 

  • Product Quality: Are the products high-quality and beneficial for consumers?
  • Transparency: Is there clear information about product ingredients and sourcing?
  • Health Impact: Are the products free from harmful chemicals and additives?
  • Customer Satisfaction: Are customers generally satisfied with the products?

Good for The Planet

This criterion examines the environmental impact of the business’s practices.

 

  • Environmental Impact: Does the business minimize its environmental footprint?
  • Sustainable Practices: Does the business use sustainable sourcing and production methods?
  • Waste Management: Does the business have effective waste reduction and recycling programs?
  • Carbon Footprint: Does the business take steps to reduce its carbon emissions?

Scoring Criteria

Each criterion is scored on a scale of 1 to 5, where:

 

1 = Poor

2 = Fair

3 = Good

4 = Very Good

5 = Great

The scores are then weighted and combined to provide an overall rating.

Weighting System

Good for People: 50%

Good for the Planet: 50%

Overall Rating

The overall score is calculated using weighted scores from each category. Based on the total score, businesses are placed into one of the following tiers:

Great: 90-100  : Exemplary in all aspects of ethical practices.

Very Good: 75-89 : Strong performance with room for improvement in certain areas.

Good: 60-74 : Good ethical practices but needs significant improvements.

Fair: 45-59 : Meets minimum ethical standards but has considerable areas to improve.

Example Calculation

For a business with the following scores:

  • Good for People: 4 (Score: 4 * 0.50 = 2)
  • Good for the Planet: 5 (Score: 5 * 0.50 = 2.5)

Overall Score = 2 + 2.5 = 4.5 

Percentage Score=4.5/5 ×100=90

This business would fall into the “Great” tier based on the score ranges provided.

How We Evaluate

  1. Data Collection: We gather information through questionnaires and publicly available sources.
  2. Expert Review: Our team of experts evaluates the data against our criteria.
  3. Regular Updates: We periodically review and update the ratings to reflect any changes in business practices.

Rating Scale

Our mission is to connect ethical suppliers with buyers who value sustainability, transparency, and social responsibility. To ensure we uphold the highest standards, we evaluate businesses based on three key criteria: Good for You, Good for the Business, and Good for the Planet.

To provide a comprehensive evaluation of businesses based on ethical criteria, the rating scale needs to be detailed and transparent. Below is an elaboration on the rating scale, including specific metrics and scoring guidelines.

Metrics and Scoring

1. Good for You

Product Quality

  • 5 (Excellent): Products consistently meet or exceed the highest quality standards. Rigorous quality control processes are in place.
  • 4 (Very Good): Products are high quality with occasional minor issues. Quality control is generally strong.
  • 3 (Good): Products are of acceptable quality with some variability. Basic quality control processes are followed.
  • 2 (Fair): Products have noticeable quality issues. Quality control processes are inconsistent.
  • 1 (Poor): Products frequently have significant quality issues. Quality control is poor or nonexistent.

Transparency

  • 5 (Excellent): Full transparency about product ingredients, sourcing, and manufacturing processes.
  • 4 (Very Good): High level of transparency, but with some minor gaps in information.
  • 3 (Good): Adequate transparency, with some important information missing.
  • 2 (Fair): Limited transparency, with critical information not disclosed.
  • 1 (Poor): No transparency; information about ingredients and sourcing is not available.

Health Impact

  • 5 (Excellent): Products are exceptionally beneficial to health, with no harmful chemicals or additives.
  • 4 (Very Good): Products are generally beneficial, with minimal use of potentially harmful substances.
  • 3 (Good): Products are safe, but may include some non-harmful synthetic ingredients.
  • 2 (Fair): Products contain some potentially harmful substances.
  • 1 (Poor): Products are harmful to health, containing significant amounts of harmful chemicals.

Customer Satisfaction

  • 5 (Excellent): Very high customer satisfaction with overwhelmingly positive reviews.
  • 4 (Very Good): High customer satisfaction with mostly positive reviews.
  • 3 (Good): Moderate customer satisfaction with a mix of positive and neutral reviews.
  • 2 (Fair): Low customer satisfaction with frequent complaints.
  • 1 (Poor): Very low customer satisfaction with numerous negative reviews.

2. Good for the Business

Business Ethics

  • 5 (Excellent): Exemplary ethical practices, with comprehensive policies and enforcement.
  • 4 (Very Good): Strong ethical practices, but with minor areas for improvement.
  • 3 (Good): Adequate ethical practices, but with some significant gaps.
  • 2 (Fair): Ethical practices are weak and not consistently enforced.
  • 1 (Poor): No clear ethical practices; significant ethical violations.

Employee Treatment

  • 5 (Excellent): Employees are very well treated, with excellent wages and working conditions.
  • 4 (Very Good): Employees are well treated, with good wages and conditions.
  • 3 (Good): Employees are treated fairly, with acceptable wages and conditions.
  • 2 (Fair): Employees are not consistently treated fairly; wages and conditions are below average.
  • 1 (Poor): Employees are poorly treated, with poor wages and working conditions.

Financial Stability

  • 5 (Excellent): Business is very financially stable with strong growth and profitability.
  • 4 (Very Good): Business is financially stable with consistent performance.
  • 3 (Good): Business is moderately stable with some financial fluctuations.
  • 2 (Fair): Business has financial instability with frequent fluctuations.
  • 1 (Poor): Business is financially unstable with significant issues.

Community Engagement

  • 5 (Excellent): Very high level of positive community engagement and support.
  • 4 (Very Good): High level of community engagement with significant contributions.
  • 3 (Good): Moderate community engagement with some contributions.
  • 2 (Fair): Low level of community engagement.
  • 1 (Poor): No community engagement or negative impact on the community.

3. Good for the Planet

Environmental Impact

  • 5 (Excellent): Minimal environmental impact with comprehensive sustainability practices.
  • 4 (Very Good): Low environmental impact with strong sustainability practices.
  • 3 (Good): Moderate environmental impact with some sustainability practices.
  • 2 (Fair): High environmental impact with few sustainability practices.
  • 1 (Poor): Very high environmental impact with no sustainability practices.

Sustainable Practices

  • 5 (Excellent): Extensive use of sustainable sourcing and production methods.
  • 4 (Very Good): High use of sustainable methods with minor gaps.
  • 3 (Good): Moderate use of sustainable methods.
  • 2 (Fair): Limited use of sustainable methods.
  • 1 (Poor): No use of sustainable methods.

Waste Management

  • 5 (Excellent): Excellent waste management practices with high recycling and reduction rates.
  • 4 (Very Good): Good waste management practices with effective recycling and reduction.
  • 3 (Good): Adequate waste management practices with moderate recycling.
  • 2 (Fair): Poor waste management practices with low recycling.
  • 1 (Poor): No waste management practices.

Carbon Footprint

  • 5 (Excellent): Very low carbon footprint with comprehensive reduction strategies.
  • 4 (Very Good): Low carbon footprint with significant reduction strategies.
  • 3 (Good): Moderate carbon footprint with some reduction strategies.
  • 2 (Fair): High carbon footprint with few reduction strategies.
  • 1 (Poor): Very high carbon footprint with no reduction strategies.

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