| Notes | Mission Statement The mission of the Impact-Weighted Accounts Project is to drive the creation of financial accounts that reflect a company’s financial, social, and environmental performance. Our ambition is to create accounting statements that transparently capture external impacts in a way that drives investor and managerial decision making. Recent Research Measuring Employment Impact Applications and Cases (pdf) By Katie Panella and George Serafeim Accounting for Product Impact in the Airlines Industry (pdf) By George Serafeim and Katie Trinh Accounting for Product Impact in the Consumer Finance Industry (pdf) By George Serafeim and Katie Trinh Accounting for Organizational Employment Impact (pdf) By David Freiberg, Katie Panella, George Serafeim, and T. Robert Zochowski →Executive Summary (pdf) Accounting for Product Impact in the Consumer-Packaged Foods Industry (pdf) By Amanda Rischbieth, George Serafeim, Katie Trinh Corporate Environmental Impact: Data Supplement By David Freiberg, DG Park, George Serafeim, and T. Robert Zochowski →FAQ Supplement (pdf) Mutually Compatible, Yet Different: A Theoretical Framework for Reconciling Different Impact Monetization Methodologies and Frameworks (pdf) By Jeremy Nicholls, T. Robert Zochowski Measuring Purpose: An Integrated Framework (pdf) By Clara Barby, Richard Barker, Ronald Cohen, Robert Eccles, Christian Heller, Colin Mayer, Bruno Roche, George Serafeim, Judith Stroehle, Rupert Younger, Robert Zochowski Measuring the Cost of Corporate Water Usage (pdf) By DG Park, George Serafeim, T. Robert Zochowski Corporate Environmental Impact: Measurement, Data and Information (pdf) By David Freiberg, DG Park, George Serafeim, and T. Robert Zochowski →Executive Summary (pdf) →View Company Dataset →FAQ Supplement (pdf) A Framework for Product Impact-Weighted Accounts (pdf) By: George Serafeim and Katie Trinh Impact-Weighted Financial Accounts: The Missing Piece for an Impact Economy (Executive Summary) (pdf) By: George Serafeim, T. Robert Zochowski & Jen Downing →Request the full report Our Principles Every successful effort organizes around a core set of beliefs and principles. The following are ours: Impact can be measured and compared Impact should be measured within an accounting framework with the aim of harnessing our economy to improve our society and planet Transformational change requires that impact measurement be scalable To be scalable it needs to be actionable and cost-effective Why Impact-Weighted Accounts Reimagining capitalism is an imperative. We need to create a more inclusive and sustainable form of capitalism that works for every person and the planet. Massive environmental damage, growing income and wealth disparity, stress, and depression within developed economies amid a substantial economic boom are examples of how our current system of creating and distributing value is broken. We need to be able to factor into our decision-making the consequences of our actions not only for financial and physical capital but also for human, social and natural capital. +Why? +What are impact-weighted accounts? +Investors +Companies |