Research Safeguard Statement
Ecotone Analytics helps clients account for their social and environmental impacts, and to thoughtfully and fully communicate this value, Ecotone Analytics approaches clients and projects through the social and environmental awareness checks that are illustrated by the World Bank Group – International Finance Corporation. It is under these guidelines that we hope to “prevent and mitigate undue harm to people and their environment in the identification, preparation, and implementation of projects.”
When we partner with a new client, our team asks each project member to reflect on their organization’s work. We ask them to identify the relevant stakeholders and outcomes they want highlighted in the analysis. In doing so, we gain valuable insight into not only the landscape surrounding our client but also more about the narrative our client develops and works to affect.
We perform our own thoughtful research–keeping in mind the potential biases research may possess which could bring harm to communities and reinforce power imbalances. Pairing this research with client insight, we look at the system our client operates in holistically to find and utilize the highest-level evidence to understand the outcomes and value the impact. We reference the Sustainability Accounting Standards Board’s Materiality Map for financially material impacts as a first sweep for recognizing where important impacts to the business itself may lie—particularly in our work with for-profit clients. This, in combination with our research, naturally illuminates key stakeholders, outcomes, and impacts. As we gain a better understanding of our client’s work, we communicate our findings and hone in on our direction.
While our evidence-based analysis relies on heavily on researched and documented data, our analysis is conservative. It can be considered a baseline as projects include outcomes that cannot be readily monetizable. These non-monetizable outcomes are those intangibles accrued to the client or stakeholders that have insufficient data to support their valuation. Although we do not monetize these outcomes, we believe they are valuable and deserving of more research. We narratively comment on their potential value and the impact our client has on them. In this way, our hope is to fully and accurately account for the social and environmental impacts—monetizable and not—of our client.
Ecotone Analytics is committed to making a change and helping clients scale their impact. The Ecotone Analytics team aims to create the most equitable, inclusive analysis and to remain true to the data. We strive to include all perspectives, monetizing those when possible and narratively including those when not.