Accounting for Product Impact in the Telecommunications Industry
27 Pages Posted: 1 Apr 2021 Last revised: 15 May 2021
Date Written: March 24, 2021
We apply the product impact measurement framework of the Impact-Weighted Accounts Initiative (IWAI) in two competitor companies within the telecommunications industry. We design a monetization methodology that allows us to calculate monetary impact estimates of network efficiency, rural service provision, and connectivity, among other factors. Our results indicate substantial differences in the impact that competitors have through their products. These differences demonstrate how impact reflects corporate strategy and informs decision-making on industry-specific areas, including service provision geographies.
Keywords: Product Innovation, impact, impact investing, impact measurement, ESG, ESG performance, ESG (environmental/social/governance) performance, ESG ratings, social corporate responsibility, corporate social responsibility, social impact, telecommunications
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