The document outlines a framework called Multi Dimension Impact Accounting (MDIA) which aims to capture all impacts of human activities and organizations on people and the environment. It shows how at the beginning of a period, people have certain needs and what they currently have. It then illustrates the various impacts of producing, using, and disposing of products on people's needs, resources, and the environment as well as on other stakeholders like workers, investors and governments. The framework aims to account for both monetary and non-monetary impacts to provide a more comprehensive picture of overall impact and value creation beyond just financial measures.
2. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
PEOPLE BUILT
CONSTRUCTS
NATURE'S BOUNTY
State … resources (BOP)
State … environment (BOP)
Place … benefits from people in the place and organizations in the place
Organizations
make what is needed
earn profit
PEOPLE
State (BOP) State (EOP)
Government … gets tax income to fund development of the commons
Needs
TVImpact from
post use waste
Unmet
needs
TVImpact from use
TVImpact from production
TVImpact benefit for people (utility)
TVImpact resources
TVImpact environment
TVImpact benefit for people (payroll)
TVImpact resources
TVImpact environment
PEOPLE NEED PRODUCTS
WASTE
Decision … to buy or not to buy
State - resources (EOP)
State - environment (EOP)
BOP = Beginning of Period
EOP = End of Period
Ecological Services – critical for life!
Profits benefit investors
Payroll benefits workers
Taxes benefit government
Jobs benefit community
Process impacts resources
and environment
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp
3. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
PEOPLE BUILT
CONSTRUCTS
NATURE'S BOUNTY
State … resources (BOP)
State … environment (BOP)
Place … benefits from people in the place and organizations in the place
Organizations
make what is needed
earn profit
PEOPLE
State (BOP) State (EOP)
Government … gets tax income to fund development of the commons
Needs
TVImpact from
post use waste
Unmet
needs
TVImpact from use
TVImpact from production
TVImpact benefit for people (utility)
TVImpact resources
TVImpact environment
TVImpact benefit for people (payroll)
TVImpact resources
TVImpact environment
PEOPLE NEED PRODUCTS
WASTE
PRODUCTS
Decision … to buy or not to buy
State - resources (EOP)
State - environment (EOP)
BOP = Beginning of Period
EOP = End of Period
Ecological Services – critical for life!
Profits benefit investors
Payroll benefits workers
Taxes benefit government
Jobs benefit community
Process impacts resources
and environment
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp
4. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp
PEOPLE … the game of life!
BoP
NEEDS
There are
needs to
sustain the
status quo
There are
basic needs
simply to
survive
HAVE
Based on
what has
happened
in the past
What is the
situation at
the present
What are the
possibilities
for the future
HAVE
Based on
what has
happened
in the past
What is the
situation at
the present
What are the
possibilities
for the future
EoP
MONEY LIFE
It is only the
money based
components
of life that are
accounted for
in conventional
accounting and
economics
UNPAID EFFORT
Many very
important
activities
are unpaid
RECREATION
Valuable
for quality
of life
UNMET
NEEDS
Some places
even basic
needs cannot
be satisfied
PRODUCT
SUPPLY
CHAIN
IMPACT
to satisfy
needs
USE AND
POST USE
WASTE
CHAIN
IMPACT
on resources
and environment
BoP = Beginning of period
EoP = End of period
5. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
PEOPLE … the game of life!
BoP
HAVE
Based on
what has
happened
in the past
What is the
situation at
the present
What are the
possibilities
for the future
HAVE
Based on
what has
happened
in the past
What is the
situation at
the present
What are the
possibilities
for the future
EoP
What a person
contributes to
society
What a person
pulls from
society
RECREATION
Valuable
for quality
of life
PRODUCT
SUPPLY
CHAIN
IMPACT
to satisfy
needs
USE AND
POST USE
WASTE
CHAIN
IMPACT
on resources
and environment
What a person
does to better
themselves
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp
BoP = Beginning of period
EoP = End of period
6. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
PEOPLE … the game of life!
BoP
NEEDS
Food
Water
Shelter
Clothing
Energy
Health
Education
Transport
Security
Recreation
HAVE
Wealth
Job - income
Opportunity
Education
Skills
Experience
Good health
Shelter
Clothing
Happiness
Family
Friends
Community
Access to transport
Access to goods
Access to services
Access to health services
Secure environment
Access to recreation
Access to food
Access to water
Access to energy
Access to education
National security
Local security
HAVE
Wealth
Job
Opportunity
Education
Skills
Experience
Good health
Shelter
Clothing
Happiness
Family
Friends
Community
Access to transport
Access to goods
Access to services
Access to health services
Secure environment
Access to recreation
Access to food
Access to water
Access to energy
Access to education
National security
Local security
EoP
MONEY LIFE
Earn money: or
consume wealth
to buy needs
UNPAID EFFORT
Do good things
to help others
without pay
RECREATION
Do things to
make life
worth living
UNMET
NEEDS
Food
Water
Shelter
Clothing
Energy
Health
Education
Transport
Security
Recreation
PRODUCT
SUPPLY
CHAIN
IMPACT
to satisfy
needs
USE AND
POST USE
WASTE
CHAIN
IMPACT
on resources
and environment
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp
BoP = Beginning of period
EoP = End of period
7. 4:40 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
May 2014
QUESTIONS? FEEDBACK?
peterbnyc@gmail.com
www.truevaluemetrics.org
@truevaluemetric
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Pres-B-People-The-Game-of-Life-140517.odp