Impact Accounting Pilot in Colombia

By GSG IMPACT

In a context shaped by interconnected crises including climate change, biodiversity loss, rising social inequalities, and increasing regulatory pressure - it is becoming increasingly clear that business management models based solely on financial indicators fail to adequately reflect the real costs and benefits borne by society. Investors, financial institutions, regulators, and multilateral organisations, among other strategic stakeholders, are increasingly demanding information that enables them to understand not only the economic performance of organisations, but also the social and environmental value they create or destroy across their operations and value chains.