![]() ![]() Impact has been defined by various international organisations. ![]() In a business environment, there is a lot of ambiguity and confusion about what ‘impact’ is, how to measure it, and what kind of measurement is sufficient.ĭespite increasing importance across different sectors of the economy and wider use of the term impact, the concept does not have a universally accepted set of indicators to measure or monitor multifaceted impacts. Impact measurement is essential to assess the achievement of sustainable goals, however, many still do not fully understand how to measure their impact or how to effectively manage it. Impact measurement covers different areas, such as avoiding harm or benefiting stakeholders, or contributing to solutions for social and environmental issues. ![]() Measuring the impact of a company on the society and natural ecosystems is a complex yet important task ![]()
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