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Assigning Activity & Country Weightings
By Vested Impact | Published Apr 9, 2026
This article covers:
- Why assign weightings?
- How to assign weightings
- Assigning countries to activities
In addition to selecting and weighting activities, users should assign countries to each activity. This reflects where the activity is delivered or where its impacts occur, rather than where the company is headquartered.
Each activity can be split across multiple countries, and country allocations are made within each activity.
How country assignment works
Countries are assigned at the activity level, not at the company level Each activity can be split across one or more countries Country percentages for a given activity can be less than 100% but cannot exceed 100% Different activities can have different country splits
Why assign weightings?
Vested Impact allows for precise allocation of revenue share across different activities and countries, ensuring that the impact of each activity in each location is weighted appropriately in the final calculations. This approach recognises that not all activities contribute equally to the total impact of a business or asset.
Vested Impact can calculate more precise estimates of an asset’s impact if it has data on:
- What percentage of total revenue or expenditure is attributable to each activity
- What percentage of total revenue or expenditure is attributable to activities carried out in each country of operation
Each activity-country combination is assigned a weighting factor based on the proportion of total revenue it represents.
This method ensures that larger revenue-generating activities and regions contribute proportionally more to the total impact assessment. This approach provides a realistic and financially grounded measure of impact, aligning with how businesses operate and generate value across multiple markets.
How to assign weightings
First, estimate the % weight of each activity across the business. This can be the % of overall revenue or business operations. Note, any activity that accounts for less than 10% of the total is considered immaterial and should not be included.
For example, consider a scenario where the company undertakes two core activities:
- Compliance Advisory Services
- Regulatory & Compliance Software & Services
Assigning countries to activities
In addition to selecting and weighting activities, users should assign countries to each activity. This reflects where the activity is delivered or where its impacts occur, rather than where the company is headquartered.
The same activity can have very different impacts depending on where it is delivered. Differences in factors such as regulation, income, development needs, and access to infrastructure mean that delivering an identical activity in different countries can result in materially different outcomes.
To reflect this, countries are assigned at the activity level, allowing impacts to be attributed to the locations where they actually occur. This ensures impact estimates are geographically accurate and reflective of real-world operating conditions.
Key rules:
- Countries are assigned per activity
- Each activity can be linked to multiple countries
- Only material countries should be included
- Countries with less than 15% exposure are not considered significant and should not be included
Different activities can be assigned to the same or different countries.
Step 1: Select activities and assign weightings
A company undertakes the following core activities:
| Core activity | Description | Revenue share |
|---|---|---|
| Compliance Advisory Services | Human-led advisory and consulting on regulatory compliance | 40% |
| Regulatory & Compliance Software & Services | Software platforms supporting compliance processes | 60% |
Revenue shares are used to establish the top-level weighting of core activities.
Step 2: Assign countries to activities
Compliance Advisory Services (40%)
| Country | Share of activity |
|---|---|
| United Kingdom | 70% |
| Ireland | 30% |
Regulatory & Compliance Software & Services (platform activity - 60%)
| Country | Share of activity |
|---|---|
| United States | 50% |
| United Kingdom | 30% |
| Germany | 20% |
This reflects where platform users or deployed systems are primarily located.
How this feeds into impact estimation
- Activity weights determine the relative importance of each activity
- Country assignments determine where impacts are attributed
- Country-specific context influences the nature and magnitude of impact
Together, this allows the same activity to generate different impact profiles across countries, reflecting real-world conditions.
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