Page 43 - Elevating Excellence: Raising the Bar in Ease of Doing Business

BE R.I.C.H.E.R. SELF-ASSESSMENT TOOLKIT FOR BUSINESS

TOTAL SCORE

NUMBER OF
CRITERIA N/A (NUMBER) MAXIMUM POSSIBLE POINTS TOTAL POINTS EARNED
APPLICABLE
Column 1: Enter the Enter the number of Multiply the Number of Criteria
total number of
criteria relevant to criteria marked as Applicable (Column 1) by 2 (the Add all the points scored for the applicable criteria
each area (excluding N/A within each highest possible score per criterion) within each area, excluding N/A items.
N/A items). area. and enter the result in this column.
1 Resiliency

2 Inclusivity
3 Climate Action

4 Health
Emergency
5
Responsiveness
(Get the sum total for (Get the sum total
Grand Total (Get the sum total for this column) (Get the sum total for this column)
this column) for this column)

Formula to Calculate Overall Score Percentage:
Overall Score Percentage = Total Points Earned x100
Maximum Possible Points

The Overall Score Percentage reflects the level of compliance:
100% - 75%: Fully Compliant (PASS). The business is meeting all or most standards and is operating safely,
sustainably, and inclusively.
74% - 50%: Partially Compliant (FAIL). Some areas require improvement to meet full compliance.
Below 50%: Non-Compliant. Significant actions are required to bring the business up to the necessary health, safety,
and sustainability standards.

In this scorecard system, 75% has been set as the threshold for Full Compliance to ensure that businesses meet the
required standards of health, safety, sustainability, and inclusivity.

Here's an explanation of why a score of 75% and below is considered insufficient:
Why 75% and Below is Considered a "Fail"

A business scoring below 75% indicates that it has not fully met the majority of the critical standards and
requirements. These standards are in place to ensure that the business is operating safely, sustainably, and
inclusively, which is essential for the well-being of employees, customers, and the broader community. Falling below
this threshold can indicate several areas of concern:

Health and Safety Gaps: Businesses that don't meet the 75% threshold are likely missing key health and safety
regulations, which could pose a risk to employees, customers, and the public.

Non-compliance with Sustainability Goals: Sustainability practices, such as proper waste management, energy
efficiency, and environmental responsibility, may not be up to standard. This can harm the environment and affect the
long-term viability of the business.

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