The Impact Challenge
Reframing Sustainability for Businesses
Are businesses ready to deliver both financial outcomes and positive social benefits?
How can short-term organizational behaviors be aligned with long-term sustainability commitments?
Integrating sustainability into organizational strategy enables faster adoption of social, environmental and governance metrics that generate lasting enterprise value. But doing so inevitably runs up against data challenges that must be overcome.
This book is a guide to systemic innovation that readers can leverage to design corporate sustainability efforts in a programmatic and intentional way.
“A playbook focused on reshaping business and economic practices in the 21st century.” —Kirkus Reviews
First in the new Impactful Data Science series by Taylor and Francis, The Impact Challenge:
If as a student or a practitioner you are committed to delivering both positive financial and positive societal outcomes in your organization and doing so systematically and sustainably, The Impact Challenge is the book you’ve been waiting for.
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For the sustainability leader operating at the top, middle, or bottom of the organization, The Impact Challenge :
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Also note that the Open Access version of this book, available on the publisher's website, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.
Meet the Author
Author + Educator
ALESSIA FALSARONE is an award winning author and sustainable finance expert who discovered her passion for the science of impact while studying mathematics at Stanford University. Her work bridges the gap between sustainability, financial innovation and risk taking behaviors. In recognition of her innovative vision for business and society, she is the recipient of the 2019 Honoree Award from the Women’s Venture Fund and the 2021 Global Leadership Award by the SheInspires Foundation in the UK. A fellow of the Aspen Institute, she is an avid advocate of the role of impact science in business education, contributing to educational initiatives on the topic in the US, Asia Pacific and Latin America.
Praise from around the world
The Impact Challenge is an exceptionally clear and detailed review of where sustainable business modeling and learning has come from and how it is developing during the 21st Century. From my point of view as a consultant to financial advisory practices on ESG investment strategy integration this is a must read.
ESG CONSULTANT, HOST, THE SUSTAINABLE FINANCE PODCAST, USA
Very informative and thorough, well researched with facts, references, in-depth reviews, interviews, and company level assessments. I like how “The Learning Journey” and the “Technical Notes” are organized at the end of each chapter. The checklist, pointers, questions help the reader to pause and reflect. This is a book with rich contents and great learning for many.
Tun Kim Ong
GENERAL MANAGER AND SUPPLY CHAIN LEADER, SINGAPORE
The Impact Challenge is a true example of knowledge mobilization for ESG impact driven decision makers and those looking to elaborate on their existing data science for impact skills set. Readers will be better equipped to measure and validate impact through a variety of analytical methods for various ESG topics including: environmental, diversity and inclusion and human rights. A must read among Environmental and Social Governance market entrants and seasoned veterans.
HEALTHCARE BANKING AND PRIVATE WEALTH DIRECTOR, CANADA
The book introduces useful checklists which give a reader practical steps to implementing it as a design driven organization. I would highly recommend it to anyone which deals with sustainability and the implementation towards businesses. It gives great guidance to implement in a practical way.
STRATEGIC GROWTH AND INNOVATION LEADER, JAPAN
I believe it is important to focus on data on all dimensions, which make it possible to measure sustainable impact and report it in full transparency. In this book, I find the analytical perspective that I consider primary for anyone who really wants to approach the "Impact Challenge", in a profit or non-profit context it doesn't matter. The cultural / organizational learning aspect is also fundamental in my opinion. Professionally I really appreciated the learning through gamification that the book indicates as a possible approach: it is one of the use cases that I also propose as a concrete and usable approach in the context of business transformation.
PRINCIPAL STRATEGIST AND TECHNOLOGIST, ITALY