Values in society are being reassessed external stakeholders are gaining more influence and Government policy and regulation are changing.
Businesses therefore need to understand their impacts so that they make the best choices such as when they are considering key strategic questions, evaluating investment options and developing partnerships and alliances.
To do this they need to have a clear understanding not only of the short- and long-term direct financial effects but also the wider economic, fiscal, social and environmental impacts. Our team brings industry and economic knowledge together to analyse comprehensively the impacts of diverse business decisions.
Malcolm Preston, Global Sustainability Leader, introduces Total Impact Measurement and Management and shows how it can support decision making for business.
The changing nature of business and increased regulation means that organisations across all sectors of the economy need to understand the impacts of their key decisions, in order to demonstrate the beneficial impact of their activities, justify their investments internally and externally and develop and sustain partnerships and alliances.
To do this they need to have clear data on both the direct financial effects but also the wider economic, social and environmental impacts. Our team brings industry and economic knowledge together to analyse the impacts of diverse business initiatives. Our impact assessments typically quantify and monetise three types of impact: