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This fact sheet describes a project (October 2016 – January 2018) led by the Stockholm Environment Institute (SEI) and the Swedish Steel Producers Association (Jernkontoret) to develop a "societal value compass" for the Swedish steel industry. The tool is designed to help the industry align its research, investments, and product development with its 2050 vision of producing only positive societal value, utilizing the UN Sustainable Development Goals (SDGs) and capital theory.

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  • The project aims to create a "societal value compass"—a methodology and toolbox—to guide the industry's decision-making regarding alliance-building, investments, and product portfolio development, while improving communication with stakeholders such as investors, politicians, and civil society.
  • The compass is based on two primary frameworks: the 17 Sustainable Development Goals (SDGs) and their 169 targets, and capital theory, which incorporates the World Bank's approach to accounting for social, human, real, and natural capital.
  • The development process involves several steps: an initial analysis of SDGs and capital forms using cross-impact balance analysis, workshops with industry actors to scope contributions to societal value, the creation and testing of a prototype compass, and the preparation of case studies to operationalize the tool within the industry.

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APA
Stockholm Environment Institute (n.d.). sei-fs-2017-societal-value-4890d3838f0d45f9.pdf. https://www.sei.org/mediamanager/documents/Publications/SEI-FS-2017-Societal-value.pdf
Chicago
Stockholm Environment Institute. sei-fs-2017-societal-value-4890d3838f0d45f9.pdf. n.d. https://www.sei.org/mediamanager/documents/Publications/SEI-FS-2017-Societal-value.pdf.
Wikipedia
{{cite report |author=Stockholm Environment Institute |title=sei-fs-2017-societal-value-4890d3838f0d45f9.pdf |url=https://www.sei.org/mediamanager/documents/Publications/SEI-FS-2017-Societal-value.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{stockholmenvironmentinstitutendseifs2017societalvalue4890d3838f0d45f9pdf, author = {{Stockholm Environment Institute}}, title = {{sei-fs-2017-societal-value-4890d3838f0d45f9.pdf}}, institution = {Stockholm Environment Institute}, url = {https://www.sei.org/mediamanager/documents/Publications/SEI-FS-2017-Societal-value.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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