How to Quantify Impact and Redefine Growth

EPISODE 10

Michel Scholte

“10 years from now, we envision it will be much more interlinked, that market and wellbeing will bolster each other."

Michel Scholte - Director & Co-founder of True Price and the Impact Institute is an impact economist. His mission is to move to an economy where all products have a true price and all organisations have a quantifiable impact statement. Simply put, a true price is one that accounts for the real cost and impact, both positive and negative, of our products. An integrated profit and loss is a company statement that includes not one form of capital (financial), but all six forms. Namely, natural, social, human, intellectual, produced and financial capital. Making it possible to redefine growth in inclusive and holistic terms.

Michel is a dreamer and a doer who sees perseverance as an asset in reshaping the world. He runs two social enterprises: both of which offer tangible tools with which to hop on board the impact economy. As advisory board member for several impact measurement and valuation companies; as member of the Think Tank Worldconnectors, and alumni of the World Economic Forum Global Shapers network, Michel reaches a wide network of organisations, including corporate, non-profit, governmental and education institutes with whom he collaborates for systems change. 

True Price: https://trueprice.org

The Impact Institute: https://www.impactinstitute.com 

UN Sustainable Development Goal #8
Decent Work and Economic Growth

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