Measuring non-financial forms of capital
- This chapter turns to the measurement of performance in delivering corporate and ecosystem purposes. The metrics are designed to capture the pain points in the ecosystem that need to be addressed and the success of the intervention in addressing them. This requires measures of non-financial as well as financial performance. The chapter provides an overview of measurements of non-financial forms of capital: natural, human, and social. In examining natural capital, it contrasts input measures that record the amount of natural resources that are used in the production process and output measures that examine the impact of the inputs on products, emissions, waste, etc. It notes that measuring inputs is in general more straightforward thanThis chapter turns to the measurement of performance in delivering corporate and ecosystem purposes. The metrics are designed to capture the pain points in the ecosystem that need to be addressed and the success of the intervention in addressing them. This requires measures of non-financial as well as financial performance. The chapter provides an overview of measurements of non-financial forms of capital: natural, human, and social. In examining natural capital, it contrasts input measures that record the amount of natural resources that are used in the production process and output measures that examine the impact of the inputs on products, emissions, waste, etc. It notes that measuring inputs is in general more straightforward than outputs and it therefore argues that natural capital metrics should be constructed around inputs rather than outputs.…
Document Type: | Part of a Book |
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Author: | Francesco Cordaro, Alain Desdoigts, Justus von Geibler, Claudia Senik |
URN (citable link): | https://nbn-resolving.org/urn:nbn:de:bsz:wup4-opus-77707 |
DOI (citable link): | https://doi.org/10.1093/oso/9780198870708.003.0010 |
Editor(s): | Colin Mayer |
Publisher: | Oxford University Press |
Place of publication: | Oxford |
Year of Publication: | 2021 |
Language: | English |
Source Title (English): | Putting purpose into practice : the economics of mutuality |
First Page: | 141 |
Last Page: | 153 |
Divisions: | Nachhaltiges Produzieren und Konsumieren |
Dewey Decimal Classification: | 330 Wirtschaft |
Licence: | Creative Commons - CC BY-NC-ND - Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International |