Imagine if we stopped judging a person's health only by how much they weigh and instead looked at their sleep, mood, and energy. This project does that for the economy, moving past simple GDP to measure things like health and autonomy. It creates a new set of yardsticks to see if a society is actually thriving or just growing for the sake of growth.
Companies and governments rely on GDP to measure success, which ignores environmental decay and social inequality. This leads to policies that drive growth but destroy the long-term foundations of wellbeing.
A set of theoretical indicators based on health, relatedness, and autonomy, and a first policy brief titled 'Time ToBe Transformative'.
If you are an ESG strategy firm dealing with outdated GDP-based success metrics — this project developed transformative indicators that allow you to measure a client's impact on human health and autonomy. This helps you provide a more accurate picture of sustainable wellbeing.
If you are an impact investment fund dealing with 'greenwashing' in portfolios — this project developed criteria to evaluate alternative indicators. This allows you to better identify companies that actually contribute to a sustainable wellbeing economy.
If you are an urban planning agency dealing with the pressure to increase economic growth at the cost of environment — this project developed integrated policy packages. These tools help you balance poverty and excess to improve local resilience.
Based on available project data, no pricing or cost structures are provided as this is a research-funded project.
Based on available project data, the project is currently in the research and empirical analysis phase with 15 partners, focusing on theoretical and empirical knowledge rather than industrial scaling.
Based on available project data, there is no mention of specific patents or licensing agreements; the project focuses on publishing policy briefs and theoretical understanding.
The project seeks to move beyond GDP by developing integrated policies and transformative indicators that measure health, relatedness, and autonomy.
The project is scheduled to run from 2023-03-01 to 2026-07-31.
The consortium is heavily academic, consisting of 15 partners across 9 countries, with 10 universities and 3 research organizations. There is a 0% industry ratio, meaning the current output is geared toward theoretical and policy-level shifts rather than immediate commercial products.
Contact TAMPEREEN KORKEAKOULUSAATIO SR in Finland
Contact us to find a partner for implementing these wellbeing indicators in your ESG reporting.
