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Wednesday, July 10, 2024

Elevate Your Innovation Strategy with our Impact Assessment Services

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Get invaluable insights into the social, economic and environmental impact of your initiatives

Via this article we are proud to present our Impact Assessment Services, a comprehensive suite designed to provide you with invaluable insights into the social, economic, and environmental impact of your initiatives. This service is not just about measurement; it's about empowering you to make strategic, quantified decisions that will shape the future of your innovation journey.

Unlocking insights for informed decisions

Our Impact Assessment Services encompass a range of specialized evaluations, such as:

  • Socio-economic Cost Benefit Analysis (CBA): determine the economic viability of your project or policy by weighing costs against benefits. Our CBA provides decision-makers with a clear understanding of the project's financial and socio-economic feasibility.
  • GHG-Calculation: understand and model all greenhouse gas (GHG) emissions associated with your product or service, including Scope 1, 2 and 3 emissions. Our calculations allow you to demonstrate the climate impact of your project, contributing to sustainability goals.
  • Life Cycle Assessment (LCA): gain a holistic view of the environmental impact of your product or service. Our LCA delves into various environmental impact categories, including climate change, ecotoxicity, water, fossil and mineral scarcities, eutrophication, and land use. In this way, providing insight into hotspots for sustainable innovation throughout the value chain.


Relevance for innovation and investment projects

Our services offer you a deep dive into the impact of your innovation and investment projects. This insight is pivotal for making informed decisions that align with your strategic goals and societal responsibilities. In addition, our impact assessment services help you to position your project for external funding and subsidy schemes. We have, in this respect, experience with impact assessments for grant applications, including schemes like Horizon, IPCEI, LIFE, CEF (AFIF, Transport, Energy), and the Innovation Fund. Whether you are a private enterprise, semi-public body, or government entity, our Impact Assessment Services can be tailored to meet your needs.


Profound expertise and solid track record

Our services are backed by a team of skilled specialists with a solid track record of 90+ reference projects. We understand the nuances of measuring impact and bring a wealth of experience to the table. Our team possesses a profound understanding of impact measurement methodologies. We leverage our expertise to tailor services to your unique needs, ensuring the relevance and accuracy of our assessments.


Service Delivery Excellence

Socio-economic Cost Benefit Analysis (CBA):

  • Cost Efficiency Analysis: our in-house EGEN model aligns with European Commission CBA guidelines, adaptable to various methodologies.
  • Monetized Impact Databases: access our databases on the monetized impact of externalities, combined with licensed databases on environmental emissions.

GHG-Calculation:

  • Climate Impact Focus: our GHG calculations align with the GHG-protocol and the Innovation Fund's GHG-calculation methodology, including Scope 1, 2, and 3 emissions.
  • Client Collaboration: we request primary data from clients and complement it with licensed databases on environmental emissions.

Life Cycle Assessment (LCA):

  • Tailored Assessments: our LCAs are tailored to your needs, offering either a quick hotspot scan or a detailed value chain analysis.
  • International Standards Compliance: our LCAs adhere to ISO-standards 14040/44, ensuring alignment with relevant sector requirements.
  • Specialist Software and Databases: we hold licenses for Ecoinvent databases and use specialist LCA software to model your impacts.


Embark on this impactful journey with us

As you embark on your innovation journey, let us be your guide in measuring and maximizing impact. Our Impact Assessment Services promise not only meticulous evaluation but also strategic support for your next steps in the innovation process.

For more information or to explore how our Impact Assessment Services can benefit your organization, visit our website or contact us at infociaotech@ciaotech.com. Together, let's shape a future where innovation meets impact.

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