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Dictionary by pitch.dog
ESG, sustainability & impact foundations · Core

Impact

Also called: business impact, social or environmental impact

ELI5

A positive or negative change in people, economy or environment linked to an activity.

Used in conversation

“The sustainability report needs the method, exclusions and assurance status for impact.”

Pitch context

You will see “Impact” in sustainability reports, impact decks, climate plans and assurance materials when the discussion reaches esg, sustainability & impact foundations.

Why it matters: In esg, sustainability & impact foundations, the reporting boundary, method, period and evidence can materially change the claim.

Caution

State the reporting boundary, method, period and evidence; standards, regulation and assurance requirements vary.

Connected terms

  • ImpactThe same visible label “Impact” names different concepts.
When the words have to travel

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Sources & evidence · 9

Direct term-level sources and supporting source families.