True cost accounting applications for agrifood systems policymakers This background paper of the Impact Economy Foundation and True Price Foundation to the Flagship The State of Food and Agriculture 2023 of the United Nations Food and Agriculture Organisation (UN FAO) introduces true cost accounting (TCA) as an approach to measure and value
Corporate Finance for Long-Term Value Corporate Finance for Long-Term Value addresses companies' core challenge—finding the right balance between profit and societal impact. The book shows that by quantifying and valuing impacts, different impacts can be compared, and trade-offs can be made, allowing organisations to make societal impact a key
Van Groei naar Bloei met Impact Accounting Ondanks de giftige cocktail van groeiendemaatschappelijke uitdagingen (klimaatverandering, biodiversiteitsafbraak, voortschrijdende mensenrechtenschendingen) en de toenemende commitments aan de SDGs ontbreekt het in de financiële sector aan betrouwbare impactinformatie en instrumenten om te sturen op maatschappelijke impact. Impact accounting kan de basis leggen voor
A Chief Value Officer is an executive who not only steers at financial value creation, but at the creation of positive societal impact (the combination of social, human, natural and financial capital). IEF provides a platform to CVOs by annually awarding the CVO of the Year Award.
Vision for the Impact Economy The impact economy is a market economy revolving around the common good An impact economy is a market economy that provides the values, information and incentives that optimise the common good and enables people to pursue their own preferences, ideas and projects to satisfy their
The Case of Monetary Valuation Monetary valuation of business impacts is the language business understands, it enables comparability, it incorporates the local context and the complexity of how impacts arise and is relatively easily integrated into traditional accounting systems and decision making. We call on policy makers, standard setters, and
The Impact-Weighted Accounts Framework The Impact-Weighted Accounts Framework (IWAF) forms a center piece of the Impact Economy. IWAF provides organisations with a harmonized, consistent way of measuring, reporting and steering on impact. The framework helps to quantify and monetize organisations’ impact on social, human and natural capital for all stakeholders.This framework is the result