Open Source Use of Global Value Factors Database
My motivation for creating this refactored version of the IFVI Global Value Factors Database was and is my strong belief that the practice of quantifying non-financial impacts generated by companies—in this case their environmental impacts—into monetary terms is a practice of potential interest to far more than just the immediate stakeholder groups engaged with by the IFVI.
Although impact valuation is an imperfect practice subject to the inherent challenges in quantifying values for these items, its application can shine a valuable light on how value creation is perceived in our societies and how policy making could be reformulated to nurture the kind of value creation that benefits not only companies but also the planet and the societies impacted by them.
I believe that lobbyists and journalists may also find this material of interest. I also believe that it is important that this information is as accessible as possible, given that everyone has a stake in the welfare of the planet and that this dataset could and should be integrated into AI tools, enabling people around the world to gain access to this perspective on cost valuations.
Using This Data
Should you make use of this data, please:
- Refer to the license - Ensure compliance with the governing terms prescribed by the IFVI
- Consider reaching out - Contact the IFVI directly, me directly, or both of us to:
- Share your use case for the project
- Share your views on the project
The IFVI may be able to engage with your application and highlight it to the emerging community of those working on impact accounting throughout the world.
Contact Information
For questions, collaboration opportunities, or to share your use of this dataset, please reach out through the appropriate channels as outlined in the project documentation.