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