General Methodology 1: Conceptual Framework for Impact Accounting


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General Methodology 1: Conceptual Framework for Impact Accounting

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The methodology proposed by the Value Balancing Alliance is open source and globally applicable and comprehensive to support organizations in assessing their social and environmental impact. It is designed to be incorporated into financial analysis in the planning and decision-making of organizations.Its development has followed a rigorous process, balanced with the urgent and dynamic needs of stakeholders in the face of the challenges of globalization, urgent and dynamic needs of stakeholders in the face of major social and environmental challenges. The developed protocol focuses on impact, stakeholder reporting, collaboration, and transparency.

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