Pwc's Cfodirect Podcast

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.Impact accounting is the process of attributing monetary value to disparate pools of datapoints across sustainability topics with the intent of creating comparability to drive investment decisions. This week, host Heather Horn is joined by a special guest from the International Foundations of Valuing Impacts (IFVI), CEO and President, Rob Zochowski, to discuss the relatively new concept of impact accounting and how it can complement existing sustainability reporting for business decision-making. In this episode, they discuss:3:24 – Background on impact accounting and IFVI8:10 – The concept of impact valuation and its role in assigning monetary value to sustainability metrics15:18– Getting global feedback on impact accounting24:12– How impact accounting both measures and values corporate impacts to drive better decision-making29:48 – Leveraging impact accounting for both reporting and decision-making38:02 – Challenges in