The Good Economy Job Ratings are designed to meet this fundamental need for measurement and accountability. Businesses, investors, governments and other stakeholders can use the Ratings to understand and improve good job performance across the UK.
The Good Economy Job Ratings help organisations work towards inclusive job growth by providing them with the information they need to assess business decisions, allocate capital and influence and make policies.
We want to accelerate progress towards inclusive growth that is built on “sustainable job creation that leads to a more equitable distribution of good job opportunities, both socially and geographically.” (OECD)
Companies – Articulate your social value to the UK as an employer, benchmark performance, and develop stakeholder communities to increase your contribution to inclusive job growth
Investors – Screen and select portfolio companies that create good employment opportunities. Monitor and report on this aspect of social performance and fill gaps in ESG reporting.
Policy makers and advocacy groups – Understand and analyse business and sector contributions to inclusive job growth in regional and local economies. Inform strategies and business partnerships to drive better job creation in local areas.
All organisations targeting Sustainable Development Goals – Report on your alignment with:
Investors currently use numerous social ratings to tailor investments and investment products to socially responsible criteria, but they currently fit poorly with SDG8 in particular. The Good Economy Job Ratings are partly designed to fill that gap.
The Good Economy Job Ratings measure indicators related to job creation and job quality as well as the contribution of those jobs to sustainable development.
Importantly, we capture two factors that are largely overlooked by other social ratings: industrial sector (i.e. the industries in which the employment resides, and the nature of those sectors’ contributions to development); and place (i.e. the locations in which the employment resides, and the relative need for development in those places).
Company Ratings - We measure the direct performance of individual companies by 17 indicators. Growth indicators include size and workforce growth (benchmarked) in the UK; global turnover and employment growth (sustainability); employment and head office concentration in the UK; local and regional distribution of employment; and Living Wage Employer status.
BESPOKE RESEARCH AND CONSULTING
The Good Economy Partnership is a social advisory firm dedicated to enabling business and finance to play a bigger role in building a Good Economy: an economy that works for everyone.
If you are interested in any of our products and services or partnering with us, please get in touch - firstname.lastname@example.org
This work by The Good Economy is hugely valuable to SSE and wider society. It allows us to understand the contribution we’re making to inclusive, long-term economic growth in the UK and defines how we can enhance our societal value further.
This agenda setting research helps open the debate about just who - and who isn’t - contributing to a more inclusive economy. It’s essential reading for policy makers everywhere.
Inclusive Job Growth is sustainable job creation that leads to a more equitable distribution of good job opportunities, both socially and geographically. Good Jobs are defined by earnings quality, job security and work fulfilment.
Good jobs bring earnings quality, job security and work fulfilment. They are central to social and economic well-being. Measuring inclusive job growth is the right place to start when looking for solutions to the challenges of building an inclusive economy.