|| This seminar is open only to EUI members ||

Join us for the next event of the 'Finance in the Tuscan Hills' seminar series, where we host Mikael Homanen, Head of Scientific Research, Innovation and Partnerships at The Upright Project.

Mikael Homanen will present his paper, where he proposes a comparable and scalable modeling approach for measuring the net impact of companies. This paper demonstrates that the total net impact of companies can be quantified through a novel methodology that collates scientific insights and applies them to products and services sold globally to determine their impact. By utilizing a proprietary taxonomy of 150,000 products and services, this approach enables the measurement of the impact of both public and private companies. The net impact is calculated using over 300 million scientific articles as well as other sources and various datasets to determine whether products generate positive or negative impacts across four dimensions: environment, health, society, and knowledge. These impacts are then aggregated at the firm level based on revenue models, enabling a scalable approach for creating net impact metrics that are comparable across industries, products and services, and countries.

---

Mikael Homanen is the Head of Scientific Research, Innovation and Partnerships at The Upright Project. He was previously Head of Product Research and Innovation at PRI. He's also a Visiting Lecturer at Bayes Business School in London and was previously a Bradley Fellow at the University of Chicago Booth School of Business, visiting scholar at the Wharton School, University of Pennsylvania as well as Singapore Management University. He also worked as a Consultant at the World Bank’s Development Economics Research Group, Finance and Private Sector Research team.

---

The FBF seminar series ‘Finance in the Tuscan Hills’ focuses on financial sector issues and aims to bring together researchers from across the EUI community, who share an interest in these subjects.