1. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
Peter Burgess
May 2014
peterbnyc@gmail.com
www.truevaluemetrics.org

2. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
People (society)
Nature's
bounty
People built
constructs
The FRAMEWORK for Measurement
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp

3. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Quality of life
Individual
Family
Friends
Community
National Society
Global Society
PRODUCTS AND SERVICES
Food
Water
Shelter
Clothing
Energy
Health
Education
Transport
Security
PEOPLE BUILT
CONSTRUCTS
NATURE'S
BOUNTY
Place (cities, towns, etc)
Business organizations
Industrial processes
Mining
Energy production
Built infrastructure
Governance institutions
Rule of law
Civil society organizations
Mineral resources
Energy resources
Land
Water
Air
Animal life (fauna)
Plant life (flora)
Resource depletion
Environmental degradation
Supplychain
trucost
PEOPLE
State of Place … impact on people,
resource depletion and environmental degradation
Profit of Business … impact on people,
Resource depletion and environmental degradation.
Impact of consumption
W
aste
chain
trucost
Standard values

4. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Quality of life
Individual
Family
Friends
Community
National Society
Global Society
PRODUCTS AND SERVICES
Food
Water
Shelter
Clothing
Energy
Health
Education
Transport
Security
PEOPLE BUILT
CONSTRUCTS
NATURE'S
BOUNTY
Place (cities, towns, etc)
Business organizations
Industrial processes
Mining
Energy production
Built infrastructure
Governance institutions
Rule of law
Civil society organizations
Mineral resources
Energy resources
Land
Water
Air
Animal life (fauna)
Plant life (flora)
Resource depletion
Environmental degradation
Supplychain
trucost
PEOPLE
State of Place … impact on people,
resource depletion and environmental degradation
Profit of Business … impact on people,
Resource depletion and environmental degradation.
Impact of consumption
W
aste
chain
trucost
Standard values

5. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
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

6. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
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

7. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Every process in nature has a waste component
Industrial processes have waste components
Industrial agriculture has waste
Cities and municipalities have waste
In a circular economy waste from one process
becomes a raw material for another process.
People make waste
Waste does damage to the environment in many ways:
Land fill issues
Water pollution
Air pollution and greenhouse gases
Impact of WASTE – Post Use Waste Chain

8. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Every process in nature has a waste component
When trees rot, there is a release of greenhouse gas
All animals produce excrement … wild animals, farm animals, humans
Animals breathe and pass wind … producing carbon dioxide, methane
Impact of WASTE – Post Use Waste Chain

9. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Industrial processes have waste components
Many industrial processes use large quantities of water. After use in the
process this water has the potential to pollute rivers and aquafers.
Many industrial processes use large amounts of energy. Energy derived from
fossil fuels releases greenhouse gases that contribute to global warming
Impact of WASTE – Post Use Waste Chain

10. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Industrial agriculture has waste
Industrial agriculture uses large quantities of chemical fertilizer, herbicides
and pesticides. Run off into rivers is a large scale serious hazard which is
now reported to be causing a huge 'dead area' in the Gulf of Mexico.
Mass production of meat is a major source of greenhouse gases.
Impact of WASTE – Post Use Waste Chain

11. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
Cities and municipalities have waste
Impact of WASTE – Post Use Waste Chain

12. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
People make waste
Impact of WASTE – Post Use Waste Chain

13. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.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

14. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
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

15. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
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

16. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
A slide from the 'Share Value Leadership Summit in NYC
Economic Activity by Sector U.S. (2013)
Gross non-profit sector
Total government spending
Estimated total corporate revenue
$1.2 trillion
$3.1 trillion
$23.1 trillion
What is this really saying?

17. 01:13 PM
MULTI DIMENSION IMPACT ACCOUNTING (MDIA)
C:TVMwebsiteWebsiteTrueValueMetricsOrgTVM-papersMDIA-DiagramsMDIA-Presentation-C-140514.odp
What is this really saying?
Economic Activity by Sector U.S. (2013)
Gross non-profit sector
Total government spending
Estimated total corporate revenue
$1.2 trillion
$3.1 trillion
$23.1 trillion
If this is the shape of the US economy, how do you pay for:
Education
Health
Infrastructure
National security
Law and order, justice
Research