Impact Measurement and Standards (White Paper)

Published on December 1, 2021

Authored by Angeline Chua, Hao Liang, Wanyi Yang

A standardised impact measurement framework helps organisations accurately assess both positive and negative environmental, social, and governance (ESG) impacts of their business activities and investments. This paper describes the stages involved in compiling impact-weighted accounts and uses examples to illustrate how organisations can apply the Impact-Weighted Account Framework (IWAF) to their ESG impact measurement. The paper also highlights the need to develop an Asia-focused IWAF due to the unique landscape of Asian economies.