Introduction to Impact-Weighted Accounts Framework
Impact-Weighted Accounts – or IWAs – are a way for organisations to quantitatively assess their impact:
how they create value for all stakeholders. The uptake of compiling and publishing IWAs is a key step in the transformation of our economy into an impact economy: a sustainable economy that creates value for everyone.
The Impact-Weighted Account Framework (IWAF) helps organisations compile IWAs by providing key concepts, requirements, and guidance.
This introduction to why Impact-Weighted Accounts are crucial sets the scene for the need to measure beyond financial value creation and capture that in a framework. This
document is to be read in conjunction with the other publications of IWAF.
Incubating the Impact-Weighted Accounts Framework
The Impact-Weighted Accounts Framework is incubated by the Impact Economy Foundation (IEF) together with thought leaders and leading practitioners in an inclusive and scientific manner. IWAF is in partnership with the Impact-Weighted Accounts Initiative from Harvard Business School, Singapore Management University, Rotterdam School of Management, and Impact Institute.
Current draft – Open for public consultation until September 2022
The current draft represents the progress as of December 2021. We are holding a public consultation, open until September 2022. Read more and answer the consultation questions.
If you would like to keep up to date with our work, please sign up for our newsletter.
Do you want to understand the guiding principles and conceptual foundations of IWAF?