Value Accounting Network

A collaboration to harmonize and build consistency in the value accounting space and in how it is applied within organizations.

Project Findings

Internationally accepted frameworks such as the Natural Capital Protocol and the Social & Human Capital Protocol, Social Value International’s framework, and the System of Economic Environmental Accounting (SEEA) represent the synthesis of previous efforts to standardize approaches. As momentum grows towards greater use of value accounting in decision-making, there are several new and evolving initiatives which are developing necessary methodologies and guidance to fulfil different needs and objectives.

Recognizing that it can though be overwhelming for practitioners to be confronted with so many different approaches, and that is not always easy to understand the ways in which they connect, complement and support one another, the leaders of these initiatives now came together as part of the collaborative Value Accounting Network and displayed how the various initiatives relate to and complement one another. Collaboration through the Value Accounting Network helped to simplify the value accounting landscape build consistency in how value is understood and accounted.