Date: 2024-09-11 Page is: DBtxt003.php L0900-TVM-STATE-all-the-capitals-02b
STATE - ALL THE CAPITALS
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WE SHOULD BE USING SOCIAL, ENVIRONMENTAL & ECONOMIC METRICS
SOCIAL CAPITAL
SOCIAL IMPACT
NATURAL CAPITAL
ENVIRONMENTAL IMPACT
ECONOMIC CAPITAL
ECONOMIC CAPITAL
.
FINANCIAL METRICS ALONE NOT GOOD ENOUGH
CORPORATE PROFITS
CAPITAL MARKETS
MONEY
FINANCIAL PERFORMANCE IS UP, BUT SOCIAL AND ENVIRONMENTAL CAPITALS HAVE DEGRADED
WE NEED METRICS ABOUT THE STATE OF ALL THE CAPITALS
AND THE ACTIVITIES THAT CHANGE THE STATE OF THE CAPITALS.
.
GOAL 1:
IMPROVE SOCIAL CAPITAL;
GOAL 2:
MINIMIZE DEGRADATION OF NATURAL CAPITAL; AND
GOAL 3:
DELIVER A REASONABLE RETURN ON ECONOMIC CAPITAL.
.
ACTIVITIES:
ESSENTIAL FOR THE FUNCTIONING OF THE SOCIO-ENVIRO-ECONOMIC SYSTEM.
ACTORS:
THE ENTITIES THAT ENABLE ACTIVITIES ... PEOPLE ARE THE MAIN ACTORS.
ALL ACTIVITIES USE RESOURCES AND HAVE
GOOD AND BAD IMPACTS ON ALL THE CAPITALS
• Inputs used in activities deplete capitals;
• Outputs of activities change the capitals.
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Copyright © 2005-2021 Peter Burgess. All rights reserved. This material may only be used for limited low profit purposes: e.g. socio-enviro-economic performance analysis, education and training.
