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

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

In this joint publication, IEF and True Price set out the principles for true pricing through which the true price of products can be calculated.

Forward-looking integrated reporting (including verified impact statements) should become the norm. Read the full article in the Financial Investigator.

This paper navigates users through the various value accounting methodologies to help find the right combination for them.

IEF 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.