Disclaimer: All information is provided on an as-is basis for general information only, and may not be relied upon for any specific purpose. Financial analysis is derived by Dalberg using illustrative sector examples and does not represent any named company. No representation or warranty is made as to accuracy or completeness. Dalberg and its affiliates shall not be liable for any loss arising from use of or reliance on this tool. Data inputs will not be visible to anyone at Dalberg or outside, and will not be stored internally after use.
From evidence to decisions

The Dalberg VALUE Framework

A practitioner guide to measuring the financial return of sustainability initiatives — from scope definition to decision-ready metrics.

V

Validate unit of analysis

Determine the level at which to track sustainability outcomes and the subset of impact metrics to follow

A

Articulate value drivers

Anchor on the business value drivers that are most influenced by improvements in sustainability outcomes

L

Layer relevant data

Quantify financial value along each value driver using company data, or benchmarks and proxies where no internal data exists

U

Unify data and quantify

Convert the quantified impact into metrics that inform investment cases, trade-offs and strategic planning

E

Embed value in decision-making

Finally, embed outputs into practical tools so teams can apply, refine and communicate value consistently across the business

Where to build from: Leveraging your strong base of assets
Companies already measure sustainability activities

Monitoring, Reporting, and Verification (MRV) systems position companies to track progress against impact goals. Many measure inputs (e.g., resources invested) or outputs (e.g., people trained, trees planted). Companies with a more sophisticated approach go further by measuring outcomes (e.g., incomes increased, wages improved, emissions reduced) — this is the basis on which to connect sustainability to business value.

WHAT NEXT? Measure outcomes and link them to business value. Start by mapping individual sustainability initiatives to the outcome(s) they drive. Not all possible outcomes need to be quantified; zero in on those that most directly drive improvement in relevant business metrics such as revenue, cost, risk, or market access.

Companies can use existing data to measure the business value of sustainability

Companies track metrics related to value creation across functions, but data points are often siloed and available to single teams. The Sustainability team in a food and beverage company may track farmer income and certification rates, but not volumes sourced; Procurement may know the number of supplier farmers, but not their farm sizes or input costs. Data sits in scattered platforms, spreadsheets, specialist software, or third-party databases, making it hard to bridge existing gaps.

WHAT NEXT? Centralize relevant data. Identify the most important data points needed to quantify business value and integrate clean, consistent data for those specific variables. Be specific, rather than attempting a full data integration across functions – data can be pulled in real time or sourced at periodic intervals (e.g., quarterly or annually).

Sustainability strategies anchor on corporate purpose

Most companies build sustainability strategies around the impact that is fueled by their corporate purpose. The most effective companies go further: they identify where and how their unique assets, relationships, and market position can unlock the greatest business and societal value — and build their sustainability programming around that. They avoid diluting efforts across multiple fronts and instead focus on where they are best placed to make a meaningful difference.

WHAT NEXT? Focus on a company's differential advantage. Not all sustainability initiatives are equally impactful or relevant to a specific company. Focus on fewer priorities that leverage the company's USP to move the needle on the societal and environmental outcomes most closely connected to the company's operation or remit of influence.

V
A
L
U
E
VALUE Framework
Walk through all five steps of the framework using a pre-built sector example.
Validate
Step 1 of 5Validate unit of analysis

Select your sector

Select Heavy Industry or Food & Agriculture to explore the detailed functionalities of this tool. Health & Pharmaceutical and Financial Services are available on request.

💊
🔒 Request access
Health & Pharmaceutical
See how expanding access to underserved patient populations builds new revenue while meeting the local-market and regulatory requirements that govern public health tenders.
Health Smart
Sub-Saharan Africa
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🔒 Request access
Financial Services
See how expanding lending to underserved, higher-perceived-risk borrowers builds new interest income while capturing blended-finance incentives designed to de-risk this segment.
Bankify
East Africa

Articulate
Step 2 of 5Articulate value drivers

Relevant sustainability category

The most relevant category is pre-selected for this illustrative initiative. Additional categories require full access.

Layer
Step 3 of 5Layer relevant data

Financial value drivers

Tier 1 internal data is active in this prototype. Tier 2 and Tier 3 drivers require full access to unlock.

Tier 1 drivers · Internal data

Tier 2 drivers · Risk-adjusted proxies 🔒 Request access

Tier 3 drivers · Qualitative insight 🔒 Request access

Unify
Step 4 of 5Unify data and quantify

Pre-populated assumptions

Illustrative direct financial estimates. Scale the initiative size using the scenario switcher below.

Unit assumptions fixed; only scale changes.

Tier 1 input assumptions

Financial parameters

Embed
Step 5 of 5Embed value in decision-making
Parameters
Financial & Scale Parameters
Initiative Inputs
Base NPV
—
Without the sustainability initiative
Adjusted NPV
—
With the sustainability initiative; cost of the initiative is already included as a cash outflow
Total cost of sustainability investment
—
Shown for reference and used as the denominator for ROI. Already included in adjusted NPV, not subtracted again.
Value of sustainability
—
Adjusted NPV (after sustainability initiative) – Base NPV (without sustainability initiative)
Return on Sustainability
—
Value of sustainability / Total cost

Value driver breakdown

Total Sustainability NPV Uplift—

Cumulative NPV Over Investment Horizon

Base case
With sustainability investment
Value Driver Summary
Driver NameAnnual Value ($M)NPV Contribution ($M)