commit

README.md

@@ -9,17 +9,89 @@ size_categories:
 - 100K<n<1M
 ---
 
-# Data Overview: Data Analysis Refactoring V2
+# Global Value Factor Database, Data Analysis Refactor (V2)
 
-[![Dataset](https://img.shields.io/badge/🤗%20Hugging%20Face-Dataset-blue)](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2)
+Refactor and HF dataset (including texts): Daniel Rosehill 
+Source data: International Foundation for Valuing Impacts 
 
-**Global Value Factors Database (GVFD)**
-**International Foundation for Valuing Impacts (IFVI)**
-Prepared by: *Daniel Rosehill*
+![alt text](images/banner.jpg)
+
+V2 of a refactoring of the Global Value Factor Database (GVFD) by the International Founadtion for Valuing Impacts intended to enhance the original dataset for machine readability and integration into data analysis and visualisation workloads. 
+
+---
+
+## The Plain Language Intro
+
+The International Foundation for Valuing Impacts (IFVI) produces an (open-source) database called the Global Value Factor Database. 
+
+This database provides an array of "value factors". 
+
+Value factors are multipliers whose purpose is to convert between companies' non-environmental "impacts" (across the social and environmental realms) and into units of currency. For standardisation, all value factors convert into US Dollars. To localise them in non-USD jurisidctions, users can simply apply currency conversion after this initial calculation.
+
+Modern methods of accounting reflect a longstanding bias against including anything other than financialised items in reckoning companies' profitabillity. Companies which generate more money show better financial performance metrics while those whose outlays are greater than their income are deemed unprofitable. 
+
+## Impact Accounting's 'Big Idea'
+
+![alt text](images/2.png)
+
+Various global frameworks govern how companies practice accounting - the most important of which are IFRS and GAAP. These standard-setters do not (themselves) proscribe the mandate to use their methods. But their application is mandated by governments and multilaterals (who may wish to use them to standardise accounting practices within a geopolitical blog, for instance).
+
+IFRS, for example, is used in more than 140 countries worldwide with an estimated 30-35,000 companies subject to its directives. Trillions of dollars are computed according to its directives and its definition of value. 
+
+As much as accounting rules seem like an unlikely subject for philosophical speculation, peel back the surface and you'll find a pandora's box of questions which impact accounting helps to explore. 
+
+For one: why do we insist on limiting our definition of value to purely financial metrics? 
+
+Companies, like people, have effects that extend far beyond generating profit for shareholders (as determined by the rules which we proscribe for those calcualtions) and paying out money through activities like employing workers and buying goods and services from suppliers. 
+
+They can improve the welfare of surrounding communities through that employment; entrench socioeconomic inequality through unfair labor practices; pollute water systems; remediate pollution in their communities. 
+
+Under normative accounting rules, a company may make enormous profits while paying scant or no attention to its environmental performance. It can generate pollution which impacts the poorest communities in far-removed parts of the world. 
+
+This happens because our societies' response to "that isn't right" has, so far, been to create a parallel mechanism of sorts for reckoning these non-financial impacts. 
+
+This has taken the form of mechanisms like ESG. Companies are urged to measure their performance in important respects like climate performance. But the metrics which measure that performance remain ringfenced out of bottom-line financial calcuations. 
+
+Impact accounting argues that in order to integrate companies' financial performance with their more holistic impacts (affecting people and planet), those impacts need to be translated into equivalent terms (money) and then valued in a harmonised set of accounts. 
+
+The argued benefits of this system:
+
+- Companies have a material incentive to be better environmental performers 
+- Conversely, companies which cause harm to these external groups will see their financial performance more closely track their aggregate "value" to the world at large 
+
+In essence, impact accounting attempts to shift the viewpoint through which companies are valued from the self-serving one (how much money did we make or lose) to a 'global' one (how much money did we make or lose - offset by the proxied total cost of our net impacts to society and planet). 
+
+## Why "Value Factors" Are Required
+
+![alt text](images/3.jpg)
+
+For impact accounting to evolve into a viable practice that could eventually succeed traditional accounting, it must be standardized on multiple levels. Standardization is needed both in its application and in the precise mathematical methods used to translate companies’ environmental and social impacts into monetary values. This translation allows such impacts to be compared directly—on a like-for-like basis—with established financial reporting standards. In effect, the process involves converting raw data about impacts into monetary terms.
+
+The Global Value Factor Database (GVFD) addresses the climate component of impact accounting, a domain where quantification is comparatively more straightforward. This approach is not without precedent. A well-known example is the social cost of carbon, which the IFVI dataset places at $236 per metric tonne of CO₂. Various organizations have proposed different values for this figure at different times, drawing on evolving scientific consensus.
+
+The GVDFD can be understood as an attempt to provide similar single reference values—not just for greenhouse gas emissions but for a wide range of climate-related impacts. The scope of this task is substantial. To manage it, environmental impacts are organized into categories, including:
+
+- Air pollution
+- Land use and conservation
+- Waste generation
+- Water consumption
+- Water pollution
+
+Among these, the water pollution value factors stand out for their sheer number of "line items", reflecting the wide variety of chemicals that companies may release into water systems. 
+
+By contrast, other categories are stratified differently: air pollution is broken down by pollutant type, land use by type of displacement, waste by disposal method, and water consumption by the displacement effect it causes.
+
+Each methodology underlying these calculations is supported by a substantial body of research and documented in detail by IFVI, accompanied by a user manual. Those consulting this derivative dataset should specifically refer to Version 2 of the IFVI release, which contains the relevant methodological framework.
+
+## Quick Links
+
+- **[Usage Guide](Usage.md)** - How to use the value factors for financial impact modeling
+- **[Contact Information](contact.md)** - Get in touch with questions or feedback
 
 ---
 
-## Introduction
+
+## About This Derivative Dataset
 
 In late 2024, the International Foundation for Valuing Impacts (IFVI) released the **Global Value Factors Database (GVFD)**. This pioneering dataset provides a framework for converting non-traditional impacts into financial terms, offering a new lens for evaluating global value creation. For the full scope, methodology, and theoretical underpinnings, I encourage readers to consult the official IFVI website and accompanying documentation.
 
@@ -82,6 +154,23 @@ The refactored GVFD is now available in the following formats:
 
 Each format is accompanied by metadata documenting units, denominations, and data lineage.
 
+## Dataset Access Links
+
+| Category | Description | Link |
+|----------|-------------|------|
+| **Root Directories** | | |
+| Refactored Dataset Root | Main refactored data directory | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored) |
+| **CSV Format** | | |
+| CSV Root | All CSV formatted data | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/csv) |
+| Combined Value Factors | All value factors in combined CSV files | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/csv/combined) |
+| Individual Value Factors | Separate CSV files by value factor | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/csv/value-factors-separate) |
+| **JSON Format** | | |
+| JSON Root | All JSON formatted data | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/json) |
+| Combined JSON | All value factors in combined JSON files | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/json/combined) |
+| Individual JSON VFs | Separate JSON files by value factor | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/json/individual-vfs) |
+| Per Country | JSON data organized by country | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/json/per-country) |
+| US States | JSON data for US states specifically | [View](https://huggingface.co/datasets/danielrosehill/IFVI-Global-Value-Factors-Dataset-V2/tree/main/refactored/json/per-country/us-states) |
+
 The GVFD represents a milestone in the effort to measure and assign value to non-traditional impacts. My **Data Analysis Refactoring V2** initiative is intended to extend the usability of IFVI’s work by making the dataset friendlier for modern analysis pipelines.
 
 I am grateful to IFVI for granting permission to republish the data in this restructured form. Any inaccuracies or errors in the refactoring are solely my own.
@@ -90,66 +179,11 @@ I am grateful to IFVI for granting permission to republish the data in this rest
 
 ## Source Data
 
-**Original File:** `source/IFVI_Environmental Methodology_Global Value Factor Database V2.xlsm`
 
 - Excel workbook containing multiple sheets with environmental impact data
 - Complex tabular format with countries as columns and impact categories as rows
 - Contains metadata rows for ISO codes and regional classifications
 
-## Processing Steps
-
-### Step 1: Excel to CSV Extraction
-
-**Input:** Excel workbook with multiple sheets
-**Output:** Individual CSV files per sheet in `data/individual-sheets/`
-
-**Files Generated:**
-- `air-pollution.csv`
-- `ghgs.csv` 
-- `land-use-and-conversion.csv`
-- `waste.csv`
-- `water-consumption.csv`
-- `water-pollution.csv`
-
-**Format:** Tab-separated values with:
-- Row 1: Country names (starting column 2)
-- Row 3: ISO codes (starting column 5) 
-- Row 4: Regional classifications (starting column 6)
-- Row 5+: Impact category data
-
-### Step 2: CSV Cleaning and Standardization
-
-**Script:** `clean_csv_files.py`
-**Input:** Raw individual CSV files
-**Output:** Cleaned CSV files in `data/cleaned-sheets/`
-
-**Processing Actions:**
-- Standardized column separators to tabs
-- Removed empty rows and columns
-- Normalized numeric formatting
-- Preserved original structure for downstream processing
-
-### Step 3: JSON Conversion with ISO Code Correction
-
-**Script:** `convert_to_json.py` (primary conversion)
-**Input:** Individual sheet CSV files
-**Output:** 
-- `data/json/ifvi_environmental_data.json` (hierarchical format)
-- `data/json/ifvi_environmental_data_compact.json` (flat format)
-
-
-### Step 4: Country-Level Analysis
-
-**Script:** `country_analysis.py`
-**Input:** `ifvi_environmental_data_compact.json`
-**Output:** Country aggregation files in `data/country-analysis/`
-
-**Generated Files:**
-- `countries_aggregated.json` - Complete country-level aggregations
-- `countries_summary.csv` - Summary statistics per country
-- `iso_code_mapping.csv` - Country to ISO code reference
-- `iso_code_mapping.json` - JSON format ISO mapping
-
 
 ## Output Data Formats
 

Usage.md

@@ -0,0 +1,82 @@
+# Usage Guide
+
+## Overview
+
+The IFVI Global Value Factors Dataset V2 provides standardized multipliers designed to convert non-financial environmental and social impacts into monetary terms. This guide explains how to properly use these value factors for financial impact modeling.
+
+## What Are Value Factors?
+
+Value factors are **mathematical multipliers** that enable the conversion between:
+- Specified units of impact (e.g., tons of CO2, liters of water)
+- Non-financial impacts 
+- Monetary terms (USD)
+
+These factors bridge the gap between environmental/social performance data and financial valuation, enabling quantitative assessment of sustainability impacts.
+
+## Currency Standardization
+
+**Important**: The entire dataset is standardized to **US Dollars (USD)**. 
+
+When working with environmental impacts denominated in currencies other than USD:
+1. **Currency conversion must be performed first** before applying value factors
+2. Convert the base impact data to USD using appropriate exchange rates
+3. Then apply the relevant value factor
+
+## Intended Usage for Financial Actors
+
+### Core Principle
+Value factors must be **paired with matching raw environmental data** to model financial impacts of companies' non-financial performance.
+
+### Implementation Steps
+1. **Identify relevant environmental/social data** from company reporting
+2. **Ensure unit alignment** with IFVI specifications
+3. **Convert to USD** if data is in other currencies
+4. **Apply corresponding value factor** as a multiplier
+5. **Calculate monetary impact** (Impact Data × Value Factor = Financial Impact)
+
+### Example Workflow
+```
+Raw Data: 1,000 tons CO2 emissions
+Value Factor: $185 per ton CO2 (example)
+Financial Impact: 1,000 × $185 = $185,000 USD
+```
+
+## Important Considerations
+
+### Unit Precision
+Given the nuances in reporting standards (particularly in GHG emissions), it is **critical** to:
+- Pay close attention to units of measurement specified by IFVI
+- Ensure exact unit matching between source data and value factors
+- Verify measurement methodologies align with IFVI specifications
+
+### Data Quality
+- Source data quality directly impacts the reliability of financial impact calculations
+- Ensure environmental data follows recognized reporting standards
+- Consider data verification and assurance levels
+
+## Applications
+
+Value factors can be used for:
+- **ESG financial impact assessment**
+- **Sustainability accounting**
+- **Risk quantification**
+- **Investment decision support**
+- **Regulatory compliance reporting**
+
+## Documentation and Support
+
+For comprehensive documentation accompanying the V2 release of the Global Value Factors Database, visit the official IFVI website:
+
+**[ifvi.org](https://ifvi.org)**
+
+The full technical documentation provides detailed methodologies, assumptions, and guidance for advanced use cases.
+
+## Data Structure
+
+This refactored dataset provides value factors in multiple formats:
+- **CSV**: For spreadsheet analysis and data processing
+- **JSON**: For programmatic access and API integration
+- **Combined datasets**: For comprehensive analysis
+- **Individual factor files**: For targeted use cases
+
+Refer to the main README.md for detailed information about data structure and file organization.

contact.md

@@ -0,0 +1,22 @@
+# Open Source Use of Global Value Factors Database
+
+My motivation for creating this refactored version of the IFVI Global Value Factors Database was and is my strong belief that the practice of quantifying non-financial impacts generated by companies—in this case their environmental impacts—into monetary terms is a practice of potential interest to far more than just the immediate stakeholder groups engaged with by the IFVI.
+
+Although impact valuation is an imperfect practice subject to the inherent challenges in quantifying values for these items, its application can shine a valuable light on how value creation is perceived in our societies and how policy making could be reformulated to nurture the kind of value creation that benefits not only companies but also the planet and the societies impacted by them.
+
+I believe that lobbyists and journalists may also find this material of interest. I also believe that it is important that this information is as accessible as possible, given that everyone has a stake in the welfare of the planet and that this dataset could and should be integrated into AI tools, enabling people around the world to gain access to this perspective on cost valuations.
+
+## Using This Data
+
+Should you make use of this data, please:
+
+1. **Refer to the license** - Ensure compliance with the governing terms prescribed by the IFVI
+2. **Consider reaching out** - Contact the IFVI directly, me directly, or both of us to:
+   - Share your use case for the project
+   - Share your views on the project
+
+The IFVI may be able to engage with your application and highlight it to the emerging community of those working on impact accounting throughout the world.
+
+## Contact Information
+
+For questions, collaboration opportunities, or to share your use of this dataset, please reach out through the appropriate channels as outlined in the project documentation.

license.md

@@ -0,0 +1,47 @@
+---
+title: "IFVI License"
+---
+
+This document presents the original licensing terms for the dataset as provided by IFVI. Use of the analytical dataset is subject to the same set of terms.
+
+# Terms Of Use
+
+Your use of the materials that the International Foundation for Valuing Impacts (“IFVI,” “we,” or “us”) may make available to you for download on or through this website, including all related intellectual property and other proprietary rights of any kind (the “Available Content”) is subject to the terms below (the “Content Terms”), in addition to the general terms available at https://ifvi.org/terms-of-use/ (the “Terms of Use” and together, the “Terms”). Capitalized terms used in these Content Terms that are not otherwise defined herein have the meaning set forth in the Terms of Use. All provisions in the Terms of Use apply to the Available Content and are incorporated herein by reference. In the event of a conflict between the provisions in these Content Terms and the Terms of Use, the provisions in these Content Terms will control, but only with respect to the Available Content and not with respect to any other portion of the IFVI Content (as defined in the Terms of Use).
+
+# Use of the Available Content
+
+1.1. Ownership. The Available Content is owned either solely by IFVI or jointly by IFVI and the Value Balancing Alliance (VBA). You acknowledge that we (or our licensors or co-owners of the Available Content, including the Value Balancing Alliance as applicable) own all right, title, and interest in and to the Available Content. Other than the rights granted in the Terms, you have no right, title, or interest in or to the Available Content and we hereby expressly reserve all rights that are not granted under such terms. For clarity, nothing in these Content Terms grants any right, title, or interest in or to (including any license under) the Available Content, except as expressly granted in these Content Terms. 
+
+1.2. Use Rights. Subject to your compliance with these Terms, including the Additional Use Restrictions below,  you may use the Available Content solely for your personal, non-commercial purposes. Non-commercial purposes includes use of the Available Content by (i) commercial and not-for-profit organizations to improve their understanding of and reporting on their own environmental impact including supply chain environmental impacts and (ii) professional service providers in the course of providing advisory services to support organizations in improving their understanding and reporting of their environmental impacts (and regardless of whether or not such service providers receive remuneration for the provision of such services).
+
+
+Each user of the Available Content must independently register and accept these Content Terms. You agree that you will not give any third party access to the Available Content. The Available Content may not be sold or used to promote any particular service or product.
+
+1.3. Additional Use Restrictions. In addition to the restrictions set forth in the Terms of Use, but without limiting the rights granted in Section 1.2 of these Content Terms, you acknowledge and agree that you will not, and will not permit others to, use the Available Content: (a) for any commercial or for-profit purpose, including selling or promoting any products or services, including without limitation in any public reporting or in connection with any financial or commercial transaction, including securities offerings, debt transactions, mergers and acquisitions or other transactions; (b) in any manner that suggests that you are acting for or on behalf of IFVI; or (c) in any manner that suggests IFVI has certified or endorsed you or statements you may make in connection with the Available Content. You understand that your use of the Available Content does not make you an employee or agent of IFVI, and that you will not hold yourself out as such. You further agree that you will not, and will not permit others to, make any material alterations, modifications, or other changes, without IFVI’s prior written consent, to any name, logo, trademark, or other proprietary indicia (including the Marks) present on or appearing in the Available Content. You may not incorporate any materials or intellectual property owned by a third party into the Available Content without first obtaining the proper consent of the applicable third party. IFVI will not be responsible for your use of any third party’s intellectual property or other proprietary rights in connection with the Available Content.
+
+2. Changes to these Terms
+We may revise and update these Content Terms from time to time in our sole discretion. If we make material changes to these Content Terms, we will notify you by posting notice of the changes on our Website. Any changes to these Content Terms will be effective immediately following our posting of notice of the changes on our Website. These changes will be effective immediately regarding your use of Available Content. Your continued use of the Available Content following the posting of revised Content Terms means that you accept and agree to the changes. If you do not agree with any updated version of these Content Terms, do not continue to use the Available Content.
+3. Registration
+
+In order to download, use, and access the Available Content, you must provide certain information to IFVI, including your name and email address. For more information on how we process data, and other information that you may provide to us or that we may otherwise collect, please see our Privacy Policy available at https://ifvi.org/privacy-policy/.
+
+4. Reliance on Available Content
+
+The Available Content is provided for general information purposes only, on an “AS IS” basis, is not legal or financial advice, and does not constitute any interpretation of any law, rule, or regulation. Any reliance you place on the Available Content is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on the Available Content, or on any content that is derived from the Available Content, by you or any other visitor to the Website, or by anyone who may be informed of any of its contents. You may use the Available Content and any information or guidance included in the Available Content only according to these Content Terms and the Terms of Use. You must not use or permit others to use the Available Content or any information or other guidance included in the Available Content, for any other purpose. 
+
+
+5. Warranty Disclaimer
+
+PLEASE BE AWARE THAT PROFESSIONAL OPINIONS, INDUSTRY BEST PRACTICES, AND GENERALLY ACCEPTED GUIDELINES MAY VARY GEOGRAPHICALLY AND MAY CHANGE OVER TIME.  AS A RESULT, THE AVAILABLE CONTENT MAY NOT BE ACCURATE OR REFLECT BEST PRACTICES FOR A SPECIFIC ORGANIZATION OR AT ANY GIVEN TIME. WHILE EFFORTS HAVE BEEN MADE TO ENSURE THE INTEGRITY OF THE AVAILABLE CONTENT, IFVI OR VBA GIVES NO, AND HEREBY DISCLAIMS ALL, REPRESENTATIONS, WARRANTIES, COVENANTS, OR OTHER GUARANTEES WITH RESPECT TO THE AVAILABLE CONTENT, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTIES OF TITLE, QUALITY, ACCURACY, RELIABILITY, NON-INFRINGEMENT, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE.
+
+
+6. Damages Disclaimer
+
+IFVI AND OUR AFFILIATES, SUCH AS VBA, SUCCESSORS, ASSIGNS, REPRESENTATIVES, DIRECTORS, OFFICERS, PERSONNEL, AND LICENSORS WILL NOT BE RESPONSIBLE OR LIABLE FOR ANY LOSS OR DAMAGE ARISING OUT OF OR RELATING TO ANY ERROR, OMISSION, OR INACCURACY INCLUDED WITHIN, OR THE RELIABILITY OF, THE AVAILABLE CONTENT, OR FOR YOUR OR ANY THIRD PARTY’S USE OR INTERPRETATION OF, OR RELIANCE ON, THE AVAILABLE CONTENT.
+
+7. Termination
+
+IFVI reserves the right, in its sole discretion, to restrict, suspend, or terminate your access to and use of the Available Content at any time, with or without prior notice, and to seek any remedies available to it at law, in equity, or under the Terms of Use.
+
+
+Your rights to use the Available Materials granted under Section 1.2 automatically terminates upon any breach of these Content Terms. 

processing/remapping/geodata.json

@@ -1,3 +1,3 @@
 version https://git-lfs.github.com/spec/v1
-oid sha256:cf921af90d38ac007a0f30558440ba50002c2a3f99f244c36fddb7073a63f356
-size 84236
+oid sha256:d2f2e3eb3c0b5feebb6cb25922d1b3c9e0afb10896cb36f85bf8d595f016e746
+size 84205

refactored/json/metadata.json

@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:bd12f99f4b4b14f98d8a7e98da76c22f08d67959ecc8e32b17bc884213279b5f
+size 5749