The Nisto Project Statements
The Nisto Project Statements are a collection impact reports that objectively and accurately characterize the benefit and opportunity outcomes your organization and supply chain have achieved through procurement, management, and hiring actions. These statements are guided by the Pehta Framework however apply to the broadest definition of social impact, ensuring that data collection meets rigorous ethical standards for accuracy and integrity, that the data is transmitted and stored using industry best practices, that the data is raw unaltered accounting information from the canonical source.
The Nisto Project Statements proliferate the evidence of impact across social and Indigenous procurement, through social purpose organizations, and with local and small enterprises. The Nisto Statements include diverse identity and Indigenous employment metrics related to head count, employment hours and wages paid. Finally, Nisto Project Statements assemble benefit and contribution data in a streamlined, credible and comparable format.
Nisto Project Statements demonstrate your organization's commitment to transparency, comparability, and accountability.
Nisto Project Statement
Sensitive
The Nisto Project Statement (Sensitive) highlights the procurement, employment, and benefits generated by a project, aiming to provide your clients and those communities you espouse to have an impact with maximum transparency and credibility.
A subsciption to the Pehta Project Statement include both Sensitive and General Statements.
Pricing can be found here.
General
The Nisto Project Statement (General) is similar to the Sensitive report, but with the Community Benefits section removed. This section often contains proprietary information unique to the relationship between an Indigenous community and its partners or other contributions that may be sensitive.
Nisto Aggregated Project Statement
The Pehta Aggregated Project Statement details the total opportunities and benefits created by your organization and its supply chain through social procurement and diverse hiring practices. It also includes the Benefit Performance Index, which tracks monthly progress to ensure procurement and employment targets are on course to meet project commitments.
A subscription to the Nisto Aggregated Project Statement also includes the Nisto Project Statement (Sensitive) and Nisto Project Statement (General) as a bundle.
The Nisto Aggregated Project Statement also includes a Nisto Currency Report as an appendix which outlines exactly which subcontractors are included (by month) in the aggregation.
Pricing can be found here.
Nisto Custom Project Statement
The format of a Nisto Custom Project Statement are unique to each clients goals or wishes. Nisto Custom Project Statements leverage the tools, processes and structure that Nisto creates using its apps and applies our infrastructure to your reports. Nisto Custom Project Statements can be a variation on our Nisto Project Statement or Nisto Aggregate Project Statement with your format and your analytics.
As an example, projects driven by community benefit agreements or enhanced inclusion & development agreements (EIDA) have leveraged the Nisto infrastructure and process to ensure their reports are consistent, credible and comparable up and down the contiguous supply chain.
Contact us to find out more.