INTEGRATED PROFIT & LOSS
Schiphol a leading international Airport. In 2015 Schiphol ranked as Europe’s fifth and the world’s fourteenth busiest airport in total passenger traffic and created a revenue of €227 million.
Schiphol asked the Impact Institute* to provide insight in some of their non-financial positive and negative impacts on society. For this the Impact Institute conducted an Integrated Profit & Loss exploration estimating the positive and negative impacts on the six capitals identified by the IIRC. Additionally, in-depth analyses of two impacts were executed: the value creation of social value by enabling traveling as well as the extent the environmental costs of CO2 emissions caused by the traveling.
Benefits to the client
Schiphol has improved understanding of the impact of their activities and indicated to further develop this understanding in 2016. Also, Schiphol developed a method to examine if monetization of non-financial values would improve investment decisions.
* The customer was working with the Impact Institute under its former name, True Price