Business impacts on society and the environment can be expressed in money terms. Impact Valuation is the practical application of welfare economics to put a value on the positive and negative contribution of business activities to society. It enables companies and their stakeholders to obtain a true picture of their value creation for investors and society.
This session, organized by the Value Balancing Alliance (VBA) in partnership with the International Foundation for Valuing Impact (IFVI), Saudi Arabia Basic Industries Corporation (SABIC), WifOR and Invesco will host a discussion about IFVI’s draft general principles and the ways in which VBA corporates with a global footprint follow these principles and overcome the challenges of impact valuation and measurement.
- How can firms move from sustainability indicators to monetized impact indicators?
- How can such indicators fit into internationally established reporting methods?
- How do firms benefit from the resulting data for decision making and auditing?
- How can regulators assess the validity and benefits of the method?