posted on 2025-03-12, 19:31authored byWerner Schouten
The financial sector lacks reliable impact information to balance societal impact with financial value. Impact accounting can support an Impact Economy, where markets drive well-being. ESG data is inconsistent, and regulations like CSRD help but are insufficient. The Impact-Weighted Accounts Framework (IWAF) quantifies social impacts, aiding investors and companies in decision-making. By integrating impact into strategy and adjusting market incentives, businesses can better address social challenges.
History
Language
English
Format
.pdf and online resource
Rights Statement
Copyright, Accountability in a Sustainable World Quarterly, CARE Center for Accounting Research and Education