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# News Impact Ratings
Consumers Evaluate Businesses Based On Company News

By NEXT by Ramla | Published 2007-02-26 | Eco
Source: Trend Hunter, https://www.trendhunter.com/trends/do-the-right-thingcom-people-evaluate-businesses-on-news
References: [kottke.org](http://www.kottke.org/07/01/do-the-right-thing) & [dotherightthing](http://dotherightthing.com)

IKEA will charge customers 5 cents/ plastic bag. Is IKEA "doing the right thing?" Interactive readers at [dotherightthing.com](http://dotherightthing.com), a Web 2.0 site where people can "evaluate" companies based on company news, think "yes". They give this story a rating based on it's **positive or negative impact.** Currently, its showing a 2.2 positive impact rating.

This is how it works: members suggest stories, and the community rates the positive or negative impact of the story on society. This "social performance rating" becomes a parameter of evaluating the company. The focus here is not just on "bottom-line," but on the impact that the companies being examined create on the society. So it seems that by way of the people will [Conscious Capitalism](http://www.trendhunter.com/trends/conscious-capitalism-dirty-business-no-more) be ushered in!

I like the idea. It is:

1/ participative and democratic
2/ a practical way of evaluating companies: based on news, not promises and forecasts
3/ a small way to influence the big corp
4/ cool to interact with. I haven't yet signed-up, but I am tempted. Again - one of those cool, clean, cheerful yet serious Web 2.0 sites that I love!

## Trend Insights (Trend Hunter)

- Score: 4.3/10
- Popularity: 57% | Activity: 63% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial
- Top markets: North America, Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Eco](https://www.trendhunter.com/eco)

## Key Themes

### What's Driving This Trend

- **Social Performance Ratings:** The rise of social performance ratings provides an opportunity for companies to evaluate their impact on society beyond the bottom line.
- **Conscious Capitalism:** The increasing focus on conscious capitalism is disrupting traditional evaluation methods by prioritizing the societal impact of companies beyond financial performance.
- **Participatory Evaluation:** Participatory evaluation, where individuals rate the positive or negative impact of company news, provides a democratized method for gauging public opinion and influencing corporate behavior.

### Who This Affects Most

- **Corporate Social Responsibility:** Corporate social responsibility industries have an opportunity to utilize social performance ratings to evaluate company impact beyond financial performance.
- **Online Community Platforms:** Online community platforms, like DoTheRightThing, have the opportunity to continue disrupting traditional evaluation methods by democratizing and prioritizing societal impact of companies.
- **Consumer Advocacy Agencies:** Consumer advocacy agencies have the opportunity to leverage social performance ratings to influence corporate behavior and promote conscious capitalism.

## Related on Trend Hunter

- [Social Good eCommerce Directories](https://www.trendhunter.com/trends/socially-minded-companies.md)
- [Impact Investing Tools](https://www.trendhunter.com/trends/impact-investing.md)
- [Social Responsibility-Aligned Corporate Marketing](https://www.trendhunter.com/trends/goodbrand-impact.md)
- [Value-Based Shopping Apps](https://www.trendhunter.com/trends/veebs.md)
- [Conscious Shopping Assistants](https://www.trendhunter.com/trends/better-buy.md)
- [Business-Focused Environmental Responsibility Tools](https://www.trendhunter.com/trends/wildsight.md)
- [Conscious Retailer eCommerce Initiatives](https://www.trendhunter.com/trends/klarna-conscious-brands-collections.md)
- [Barcode-Scanning Ethical Search Apps](https://www.trendhunter.com/trends/ethical-barcode.md)
- [Comprehensive Digital Accessibility Initiatives](https://www.trendhunter.com/trends/digital-accessibility-initiative.md)
