Richard Scholz

Head of Impact Analysis, WifOR Institute

As Head of Research and a member of the management team at WifOR, Dr. Richard Scholz is responsible for the area of impact analysis. His mission is to set standards in impact measurement and evaluation to ensure that data is transparent and comparable worldwide. His clients include globally operating companies, development banks, associations, and foundations around the world. His team uses macroeconomic analyses to determine the impacts of business activities—from raw material extraction to the final product. This research provides the foundation for sustainable decision-making in politics, business, and society. Dr. Scholz earned his doctorate at the University of Leipzig. In his dissertation, he examined the effects of industrialization and the manufacturing sector on growth in African economies. He teaches at Darmstadt University of Applied Sciences on the opportunities that sustainable development offers companies. He is also an observer member of the Valuation Technical & Practitioner Committee.