Methodology

In the rapidly evolving field of sustainable finance, the integration of standardized metrics and reporting guidelines is a trend and a necessity. This is particularly crucial for measuring and communicating the sustainability impacts of investments, a topic of increasing importance in today’s world.

This article argues that implementing the SDG Impact Standards would be best complemented by adopting corporate performance management tools such as the Sustainability Balanced Scorecard (SBSC). The analysis demonstrates that the SDG Impact Standards can address many of the perceived shortcomings of the SBSC.

Impact-Weighted Accounts represent a significant leap forward in a quest for a more sustainable and equitable global economy. Developing and adopting a systematic IWA framework can guide us towards more responsible and transparent business practices, fostering an economic system that truly benefits all stakeholders.

The amount of social activities has grown over the years, increasing transparency, accountability, and legitimacy needs. It incited a rapid increase in the development of different impact measurement methods.