Based on discussions of the alpha tests at the November 2011 retreat, the framework of indicators was reviewed and reformulated by the Technical Committee through tele-conference. The current indicators, which are the basis for the beta-testing, can be found below.
The beta test phase is currently being conducted with seven institutions, representing different regions (Middle East, South and South East Asia, Latin America and Africa) and legal forms (Bank, NBFI, Credit Union and NGO). Based on the results of the beta tests, the Technical Committee will refine and publish the methodology for conducting an assessment of the Seal tentatively as part of a social rating
The below figure represents the timeline to develop the Seal methodology as of November 2012.
The previous version of the Seal indicators can be found here.