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