Value-based Engineering (VbE) is a new and highly practical approach to human-centered engineering. It makes organizations aware of the ethical challenges in their IT systems and allows them to change the narrative of their IT innovations towards more social wellbeing. It provides a structured and transparent method to ensure that technical units work towards stakeholder value.

The core of VbE is standardized in the Value-based Engineering with ISO/IEC/IEEE 24748-7000 Model Process for Addressing Ethical Concerns During System Design. VbE embeds the majority of Value-based Engineering with ISO/IEC/IEEE 24748-7000‘s best activities, tasks, concepts, definitions and recommendations. In fact, VbE knowledge has been substantially driving the conception of the standard itself and will continue to inform its use, its constructs, collect case study experience and help to deploy and improve the standard for corporate practice.