Method and system for automatically providing sustaintability score for products

A system for automatically providing an impact index for a product, the system comprising:

• a plurality of hardware modules;
• at least one processor (202) configured to communicate with the plurality of hardware modules;
• an input/output (I/O) interface (204) configured to communicate with the at least one processor;
• a memory unit (206) configured to communicate with the at least one processor;
• wherein the at least one processor is configured to:
• select at least one product from a plurality of products provided in a predefined list;
• identify a plurality of attributes related to a plurality of impact dimensions for the at least one product selected;
• select at least one set of attributes from the plurality of identified attributes for the at least one product selected;
• map the at least one set of attributes selected to a plurality of variables related to each of the plurality of impact dimensions, wherein the plurality of variables comprise a plurality of sustainability factors associated with the plurality of impact dimensions, each variable is mapped with one or more relevant attributes of the selected product;
• and
• determine a plurality of weightages for the plurality of variables mapped, and at least one set of attributes related to the plurality of impact dimensions;
• automatically determine an impact index of the at least one product for each of the plurality of impact dimensions using the plurality of weightages for the plurality of variables mapped, wherein the plurality of impact dimensions comprise Environmental impacts, Social impacts, Health impacts, and Economic impacts.