Invention Grant
- Patent Title: Systems and methods of evaluating socio-economic and environmental impact
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Application No.: US14845584Application Date: 2015-09-04
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Publication No.: US10586184B1Publication Date: 2020-03-10
- Inventor: Alvin-o Williams
- Applicant: A.O. Consultum, Incorporated
- Applicant Address: US MN Minneapolis
- Assignee: A.O. Consultum, Incorporated
- Current Assignee: A.O. Consultum, Incorporated
- Current Assignee Address: US MN Minneapolis
- Agency: Dentons US LLP
- Agent Eric L. Sophir
- Main IPC: G06Q10/00
- IPC: G06Q10/00 ; G06Q10/06 ; G06Q30/02 ; G06F16/958

Abstract:
A system and method for evaluating socio-economic and/or environmental impact automatically identifies and transmits to a user computing device a socio-economic and/or environmental impact web page of an organization. A computer database coupled to a server contains data for various socio-economic and/or environmental impact web pages, defining formatting elements configured to display impact data. The computer database receives a data feed of the impact data from the organization and/or from one or more of the organization's vendors, and automatically updates the organization's socio-economic and/or environmental impact web page. The system automatically generates in the socio-economic and/or environmental impact web page, a socio-economic and/or environmental impact quotient depiction representing socio-economic and/or environmental impact of resource allocations of the associated organization. The system uses hybrid input-output, econometric and environmental models to calculate a total economic impact ratio of the SGA (Selling, General & Administrative) costs of the organization on local communities.
Information query