The document discusses the concept of "place" in multi-dimensional impact accounting. It defines place as where economic activities and their impacts occur, such as where people live and work, mines and factories are located, resources are depleted, and the environment is degraded. It states that the performance of a place results from the aggregation of all economic activity located there.

1. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved
MDIA
The
PLACE
Dimension

2. PLACE
Where people live
Where people work
Where mines, factories are located
Where part of the supply chain is located
Where retail stores are located
Where resources are depleted
Where environment is degraded
Where ecosystems operate
MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

3. PLACE
Where people live
Where people work
Where mines, factories are located
Where part of the supply chain is located
Where retail stores are located
Where resources are depleted
Where environment is degraded
Where ecosystems operate
MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

4. An economic activity is located in a PLACE
MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

5. Performance of a PLACE is the result of
aggregation of all the economic activity
located in the place
MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved

6. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
Individual
Activities
Individual
QoL
Individual
QoL
Pro Good
Activities
Pro Money
Activities
Buy and Use
PRODUCTS
Pro Money
Activities
Non-Impact
Recreation
PLACE … and the INDIVIDUAL
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun Sun
EOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun

7. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
Individual
Activities
TIME
& SKILL
EARNS
WAGES
ECONOMIC
ACTIVITY
Pro Money
Activities
BUYS
PRODUCTS
MAKES
PRODUCT
BUYS
ENERGY
PLACE … and the INDIVIDUAL
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun Sun
EOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
EMPLOYS
STAFF
PAYS
WAGES
BUYS
MATERIALS

8. MULTI DIMENSION IMPACT ACCOUNTING
File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
THE INDIVIDUAL DYNAMIC
Input: Time & Skill … Output: wage earnings
ECONOMIC
ACTIVITY
PRODUCES
WASTE
Wage earnings
buy products
MAKES
PRODUCT
PAYS
TAXES
PLACE … and the INDIVIDUAL
Sun
BOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun Sun
EOP
Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun
EMPLOYS STAFF
Input: Time and Skill Output: Staff Payroll
PAYS
WAGES
BUYS
MATERIALS
BUYS
ENERGY
OCCUPIES
LAND
USES
WATER
USES
WATER

9. MULTI DIMENSION IMPACT ACCOUNTING
Sun
FINANCIAL
ACCOUNTS
ACCOUNTING FOR EVERYTHING
REVENUES
Products Sold X Price
Products Bought X Price
BOP EOP
Energy Bought X Price
Employee Benefits
Employee Payroll
Other expenditures
Asset use costs
Depreciation
Financial expenses
Pro-good expenditures
Taxation
Profit
REVENUES
Products Sold X Price
VALUE to buyer
Equals
HUMAN CAPITAL ADD
Wages and benefits
What value to
employee?
Pro-good expenditures
What value to society?
Taxation
What value to society?
For products and
energy bought
and this process
Free use of the
commons and
public services
& infrastructure
Degradation
of land
Water scarcity
and degradation
Air pollution:
Impact on people
Air pollution:
Impact on climate
Air pollution:
Impact on people
Solid waste
Resource
depletion
Environmental
Degradation
POSITIVE
IMPACT NOT
ACCOUNTED
FOR
Negative
impact
File: MDIA-Framework-004-150411-WIP.odp Peter Burgess (c) All rights reserved
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun Sun
Financial
Capital
Human
Capital
Man Built
Structures
& Systems
Natural
Capital
Sun

10. MULTI DIMENSION IMPACT ACCOUNTING
Job-Money
Work
Personal
Assets
Housing
File: MDIA-Framework-002-150406.odp Peter Burgess (c) All rights reserved
Health
Time
Skills
Income
Recreation
Education
ProGood
Work
Energy
Energy
Health
Enjoyment
Skills
Experience
Family
Shelter
Friends
Money
Stuff
Personal
Assets
Energy
Health
Enjoyment
Skills
Experience
Family
Shelter
Friends
Money
Stuff
PLUS opportunities
Improves
society
Food
Clothes
Improves
family
PRODUCTS
Use
MBSS
and
Natural
Capital
Resource
Depletion
Environmental
Degradation
BOP EOPThe Individual
MBSS – Government Sector – Laws, regulations, justice, security, infrastructure
MBSS Companies, organizations, financial capital, knowledge capital, processes, plant and equipment
Natural Capital … Land, water, air, energy, minerals, ecosystem services Sun

11. MULTI DIMENSION IMPACT ACCOUNTING

12. MULTI DIMENSION IMPACT ACCOUNTING

13. MULTI DIMENSION IMPACT ACCOUNTING

14. MULTI DIMENSION IMPACT ACCOUNTING