OUR EVALUATION CRITERIA
The evaluation criteria for each of our awards are designed very specifically to be able to capture quantifiable insights, but predicated by a “Belief Statement” that captures what we are looking for.
Each scorecard is based on the 'Belief Statement' that encapsulates all the dimensions that defines a well run institution in this category. This Belief Statement is then broken down into its components and we then set out to identify the quantifiable data that we can use as proxy for each criteria.
Each Belief Statement can be broken down into its “Elements” so that candidates will know exactly what we are looking for and how much weightage we give to each of them. Each of the “Elements” are supported by quantifiable data, some which are specific financials and others which are proxies for conceptual areas, and we add them all up into a scorecard.
The scorecard attempts to be as objective and transparent as possible, buying us an opportunity to discuss with the different participants of what we think we understand. The scorecard also presents us with an ability to subsequently draw up GAP analysis that can be universally applied in any benchmarking exercise.
The scorecard is useful for many purposes. It attempts to be as objective as it possibly can be, and transparent so that it gives us the opportunity to discuss with the different participants what we thought we understood. From this, we are also able to subsequently draw up GAP analysis that can be used in any benchmarking exercise.
In a general assessment of the best institution, the following are the factors that we look at and the percentage we give to each of them, which may vary depending on the type of award.
With this award, we seek to recognise impact leaders for their contribution. We aim to identify projects around the world that are driven by prominent individuals, out of their own expense and based on a personal belief of their role and contribution to society.
SCORECARD
| Dimension | Weight | Criteria |
|---|---|---|
| Scope of project | 15% |
|
| Investment/Funding | 15% |
|
| Project Impact | 25% + 15% |
|
| Financial Impact (for commercial projects) | 15% |
|
| Human Resources and Governance | 15% |
|
| Achievements in the year under review | 15% |
|
Please refer to the subsequent sections for the questions we are asking to help us in quantifying each of the awards covered.
*Notes
*Important notes:
- Wealth and Society conducts its evaluation on an audit basis for all submissions made. This means that we have a standard set of questions that covers all aspects of the industry in which the business operates, the business’ financial product achievements, operations and specific factors under consideration.
- Wealth and Society will do its own research to discover data that is not provided in the submission. If you do not provide complete data, Wealth and Society will make its own judgement based on third party information which may not be accurate or complementary. It is important to complete this questionnaire to the best of your ability.
- Wealth and Society staff and associates are committed to strict confidentiality and integrity in the evaluation process. All staff and advisors are strictly prohibited from trading in the securities of participating institutions during the evaluation period, and any securities held must be disclosed. All researchers and advisors are not allowed to accept any form of gratuity from the participating institutions at any time.
- All information will be kept strictly private and confidential, and will be used only for the evaluation in this programme and the benchmarking reports to be derived from them.
- If you have any difficulties in completing this document, require additional assistance or would like to make a submission, you may contact Ms.Prachi Jadhav at pjadhav@wealthandsociety.com
- Visit us at www.wealthandsociety.com
To recognise institutions that are diverting financial resources towards solving some of the pressing social, economic and environmental challenges.
We also believe that impact-minded individuals should be recognised for their contribution to society and their building of impact businesses that are not only transforming the lives of those in the wider community, but serve as an inspiration to others.
SCORECARD
| Dimension | Weight | Criteria |
|---|---|---|
| Business Impact | 15% |
|
| ESG Impact | 30% |
|
| Products and Services: | 20% |
|
| Human Resources and Governance | 15% |
|
| Technology and Efficiency: | 5% |
|
| Achievements in the year under review: | 5% |
|
| Client management and Performance | 10% |
|
Please refer to the subsequent sections for the questions we are asking to help us in quantifying each of the awards covered.
*Notes
*Important notes:
- Wealth and Society conducts its evaluation on an audit basis for all submissions made. This means that we have a standard set of questions that covers all aspects of the industry in which the business operates, the business’ financial product achievements, operations and specific factors under consideration.
- Wealth and Society will do its own research to discover data that is not provided in the submission. If you do not provide complete data, Wealth and Society will make its own judgement based on third party information which may not be accurate or complementary. It is important to complete this questionnaire to the best of your ability.
- Wealth and Society staff and associates are committed to strict confidentiality and integrity in the evaluation process. All staff and advisors are strictly prohibited from trading in the securities of participating institutions during the evaluation period, and any securities held must be disclosed. All researchers and advisors are not allowed to accept any form of gratuity from the participating institutions at any time.
- All information will be kept strictly private and confidential, and will be used only for the evaluation in this programme and the benchmarking reports to be derived from them.
- If you have any difficulties in completing this document, require additional assistance or would like to make a submission, you may contact Ms.Prachi Jadhav at pjadhav@wealthandsociety.com
- Visit us at www.wealthandsociety.com
To recognise products and services offered by financial institutions that are highly customised and tailored to high and ultra-high net-worth clients, aspirational, risk diversified, innovative and offer superior performance to enable clients to achieve a positive financial return on investments or meet their lifestyle goals.
We also believe that impact-minded individuals and innovative institutions that are well run should be recognised for their contribution to society and their building of impact businesses that are not only transforming the lives of those in the wider community, but serve as an inspiration to others.
SCORECARD
| Dimension | Weight | Criteria |
|---|---|---|
| Proposition | 20% |
|
| Business Impact | 15% |
|
| ESG Impact | 30% |
|
| Innovation and Technologyt | 15% |
|
| Achievements in the year under review | 10% |
|
| Client management and Performance | 10% |
|
Please refer to the subsequent sections for the questions we are asking to help us in quantifying each of the awards covered.
*Notes
*Important notes:
- Wealth and Society conducts its evaluation on an audit basis for all submissions made. This means that we have a standard set of questions that covers all aspects of the industry in which the business operates, the business’ financial product achievements, operations and specific factors under consideration.
- Wealth and Society will do its own research to discover data that is not provided in the submission. If you do not provide complete data, Wealth and Society will make its own judgement based on third party information which may not be accurate or complementary. It is important to complete this questionnaire to the best of your ability.
- Wealth and Society staff and associates are committed to strict confidentiality and integrity in the evaluation process. All staff and advisors are strictly prohibited from trading in the securities of participating institutions during the evaluation period, and any securities held must be disclosed. All researchers and advisors are not allowed to accept any form of gratuity from the participating institutions at any time.
- All information will be kept strictly private and confidential, and will be used only for the evaluation in this programme and the benchmarking reports to be derived from them.
- If you have any difficulties in completing this document, require additional assistance or would like to make a submission, you may contact Ms.Prachi Jadhav at pjadhav@wealthandsociety.com
- Visit us at www.wealthandsociety.com
