From Transparency To Transformation: Unlocking the full potential of CSRD through impact accounting The Impact Economy Foundation (IEF) introduces the Impact-Weighted Accounts Framework (IWAF) as a transformative tool for organisations already on the path to CSRD compliance. This paper explores the parallels between the Corporate Sustainability Reporting Directive (CSRD) and the
The case for monetary valuation
Impact_admin2023-01-27T09:09:13+01:00The 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
Making Markets fit for SDG Purpose
Impact_admin2023-01-05T21:24:18+01:00Forward-looking integrated reporting (including verified impact statements) should become the norm. Read the full article in the Financial Investigator.
Comment letter IFRS Consultation on Sustainability Reporting
Impact_admin2023-01-05T21:19:25+01:00IEF believes that accounting and reporting on multi-capital, multi-stakeholder impact is crucial for well-functioning markets in a sustainable economy. IEF therefore wrote a response to the IFRS Consultation Paper on Sustainability Reporting.