mdia p3-03-the-place-dimension-150420

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MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-02-The-PLACE-Dimension-150420.odp Peter Burgess (c) All rights reserved MDIA The PLACE Dimension

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MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-p3-02-The-PLACE-Dimension-150420.odp Peter Burgess (c) All rights reserved

MDIAThe

PLACEDimension

PLACE Where people liveWhere people workWhere mines, factories are locatedWhere part of the supply chain is locatedWhere retail stores are locatedWhere resources are depletedWhere environment is degradedWhere ecosystems operate

MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

All economic activity is located in a PLACE

MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

Performance of a PLACE is the result of aggregation of all the economic activity located in the place

MULTI DIMENSION IMPACT ACCOUNTING

File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

MULTI DIMENSION IMPACT ACCOUNTING

IndividualActivities

IndividualQoL

IndividualQoL

Pro GoodActivities

Pro MoneyActivities

Buy and UsePRODUCTS

Pro MoneyActivities

Non-ImpactRecreation

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

MULTI DIMENSION IMPACT ACCOUNTING

IndividualActivities

TIME& SKILL

EARNSWAGES

ECONOMICACTIVITY

Pro MoneyActivities

BUYSPRODUCTS

MAKESPRODUCT

BUYSENERGY

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

EMPLOYSSTAFF

PAYSWAGES

BUYSMATERIALS

MULTI DIMENSION IMPACT ACCOUNTING

IndividualActivities

TIME& SKILL

EARNSWAGES

ECONOMICACTIVITY

Pro MoneyActivities

BUYSPRODUCTS

MAKESPRODUCT

BUYSENERGY

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

EMPLOYSSTAFF

PAYSWAGES

BUYSMATERIALS

MULTI DIMENSION IMPACT ACCOUNTING

IndividualActivities

TIME& SKILL

EARNSWAGES

ECONOMICACTIVITY

Pro MoneyActivities

BUYSPRODUCTS

MAKESPRODUCT

BUYSENERGY

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

EMPLOYSSTAFF

PAYSWAGES

BUYSMATERIALS

MULTI DIMENSION IMPACT ACCOUNTING

THE INDIVIDUAL DYNAMICInput: Time & Skill … Output: wage earnings

ECONOMICACTIVITY

PRODUCESWASTE

Wage earnings buy products

MAKESPRODUCT

PAYSTAXES

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

EMPLOYS STAFFInput: Time and Skill Output: Staff Payroll

PAYSWAGES

BUYSMATERIALS

BUYSENERGY

OCCUPIESLAND

USESWATER

USESWATER

MULTI DIMENSION IMPACT ACCOUNTING

THE INDIVIDUAL DYNAMICInput: Time & Skill … Output: wage earnings

ECONOMICACTIVITY

PRODUCESWASTE

Wage earnings buy products

MAKESPRODUCT

PAYSTAXES

PLACE … and the INDIVIDUAL

Sun

BOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

EOP

Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

EMPLOYS STAFFInput: Time and Skill Output: Staff Payroll

PAYSWAGES

BUYSMATERIALS

BUYSENERGY

OCCUPIESLAND

USESWATER

USESWATER

MULTI DIMENSION IMPACT ACCOUNTING

Sun

FINANCIAL ACCOUNTS

ACCOUNTING FOR EVERYTHING

REVENUESProducts Sold X Price

Products Bought X Price

BOP EOP

Energy Bought X Price

Employee Benefits

Employee Payroll

Other expenditures

Asset use costs

Depreciation

Financial expenses

Pro-good expenditures

Taxation

Profit

REVENUESProducts Sold X Price

VALUE to buyerEquals

HUMAN CAPITAL ADD

Wages and benefitsWhat value to

employee?

Pro-good expendituresWhat value to society?

TaxationWhat value to society?

For products andenergy bought

and this process

Free use of thecommons andpublic services& infrastructure

Degradationof land

Water scarcityand degradationAir pollution:

Impact on peopleAir pollution:

Impact on climate

Air pollution:Impact on people

Solid waste

Resourcedepletion

Environmental Degradation

POSITIVE IMPACT NOTACCOUNTED

FOR

Negativeimpact

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun Sun

FinancialCapital

HumanCapital

Man BuiltStructures& Systems

NaturalCapital

Sun

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING

MULTI DIMENSION IMPACT ACCOUNTING