Assess & Manage Performance
Assessing natural, social and human capital alongside financial capital provides more meaningful information to build better decisions, driving value creation for business, society, the environment and - ultimately – capital providers.
We’re exploring performance management practices that build long-term business success, identifying weaknesses in current systems and looking at new ways of solving today’s performance management challenges.
This work ties closely with our Enterprise Risk Management and Governance and internal controls projects.
The challenge
The business landscape is changing. Environmental and social risks account for most of the top global risks in terms of impact and likelihood, and up to 80% of a company’s value is intangible such as research, innovation, know-how, relationships, entrepreneurial and managerial skills and access to environmental resources.
The business case
Performance assessment and management - the way companies gather, process and act on information - must respond and change in the current landscape. Businesses can no longer solely focus on financial information to assess their performance. Performance management must drive long-term business success and value creation.
The solution
We help businesses create and realize sustainable, competitive strategies by improving corporate performance management practices. Accelerating the transition to a sustainable world through decision-making based on integrated processes and information, related to people (resources and relationships), processes (planning and evaluation) and systems (infrastructure and controls).
Highlights
Executive panel on the role of finance functions in stakeholder capitalism and value creation
Leading voices from IFAC, DSM, AICPA CIMA, Edelman and WBCSD come together to discuss the role of CFOs and professional accountants in delivering long-term value.
Measuring and valuing impact-business examples
Find out how important it is for business to value its relationship with nature and people.
Natural Capital Protocol
Align your natural capital assessments with this generally-accepted reference.
Social & Human Capital Protocol
Find out more about assessing social and human capital in business – it’s gaining momentum.
Building on 20 years of experience of impact valuation
Our work builds on 20-years of experience on natural capital, ecosystems and biodiversity. We’re continuing this journey with our members and partners every day.
Board director resources
These suite of resources for boards are designed to increase awareness and support the integration of environmental and social considerations into boardroom decision-making and existing governance responsibilities.
SDG Impact
Contacts
Luke Blower
Senior Manager, Corporate Performance & Accountability (CP&A)