The Evolution of Impact Accounting and Utilization of Logic-Model in Corporate Strategy ～Proposals for new management methods for impact-oriented corporate management and the realization of a sustainable society~

Abstract

This article proposes a method of impact management for companies to realize both economic and social values. After discussing the existing methods for impact management, the article focuses on practical issues and investor engagement in impact management by companies. This article also makes recommendations on practical methods based on the current situation and issues. Specifically, this article proposes a method that integrates an Impact-Weighted Accounts framework that can quantify impact in a generalized format and a Logic Model that can visualize the ripple effects of corporate activities and clarify business strategies and value creation stories, thereby making it possible for stakeholders to evaluate impact. In addition, this article makes sample analysis to discuss the usefulness and challenges of the methodology.

Keywords: Impact, ESG, Sustainability

JEL Classification: M10,M40