From Growth to Prosperity With Impact Accounting

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.

Publication Details

Journal
University of Notre Dame
Published
2025-01-01
DOI
https://doi.org/10.7274/28501574
Primary Topic
Community Development and Social Impact
Type
article
Field-Weighted Citation Impact
0.00
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article

From Growth to Prosperity With Impact Accounting

University of Notre Dame
Community Development and Social Impact
article

From Growth to Prosperity With Impact Accounting

article en

Abstract

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.

University of Notre Dame
Peace, Justice and strong institutions
Openalex Percentile: Top 44%
Community Development and Social Impact
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From Growth to Prosperity With Impact Accounting · University of Notre Dame (2025) | TGRS Research Map | TGRS