The role of business in an impact economy
We believe businesses have an important role to play in realising a more just, inclusive, and sustainable world respecting human rights and the planetary boundaries. Their ability to transform and become impact-driven will determine their long-term success – how they thrive and even survive in a world tested by environmental and social shifts. Impact-driven organisations use a fact-based approach for measuring the financial, environmental, and social impact of their activities – throughout their value chains – and integrate this into their purpose, strategy, decision-making, and reporting. They are better able to own their strategic narrative, uncover new value opportunities, drive long-term performance, and anticipate emerging risks, thereby accelerating societal transitions.