The “true” value contribution of business – The future of accounting and reporting
Value Balancing Alliance Global Table                      

The value balancing alliance e.V. (VBA) is a non-profit organization founded in June 2019 by global companies to develop and promote a methodology to assess company’s impacts on nature, society, and the economy in monetary terms along the value chain. In addition, the Alliance develops a concept how this information can be reflected in the profit & loss account and the balance sheet along the traditional financial statements. The Alliance has four primary objectives: a) to standardize a methodology to assess the broader enterprise value based on multi-capital accounting and impact valuation; b) to design a disclosure frame for comparability; c) to pilot the methodology in business steering; d) to make outcomes publicly available. The aim is to provide a comprehensive set of robust and assured data on natural, social and human capital for stakeholders to improve decision-making, business steering and performance evaluation. The Alliance is supported, amongst others, by the four largest professional services networks – Deloitte, EY, KPMG, PwC – and by the OECD and the World Bank as a policy advisor. In February, the Alliance received a grant by the EU Commission to develop green accounting principles for the EU to support the implementation of the Green Deal.

The session at the Global Solutions Summit will introduce the methodology for company evaluation developed by the Value Balancing Alliance and will discuss the way forward for more holistic company evaluation. It will focus on latest developments in public and private accounting, standardizing methodologies and making them comparable, as well as on solutions to generate traction amongst key decision-makers in business and politics.

Share this Global Table

Panel Discussion

You are currently viewing a placeholder content from Youtube. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.

More Information



Saori Dubourg


Patrice Matchaba

Novartis, South Africa

Greg Medcraft


Dennis Snower

Global Solutions Initiative

Declan Curry


Policy Recommendations, Policy Briefs and Articles

Policy Briefs on Social Cohesion and the State

Policy Briefs contain recommendations and visions and cover policy ares that are of interest to G20 policymakers. The majority of the Policy Briefs has been developed by a corresponding T20 Task Force.

T20 Recommendations Report: Social Cohesion and the State

Compiled by Dennis Görlich (IfW Kiel) and Juliane Stein-Zalai (IfW Kiel)

Recoupling Economic and Social Progress

By Katharina Lima de Miranda (IfW) and Dennis J. Snower (Global Solutions Initiative)

The COVID-19 Pandemic: Government vs. Community Action Across the United States

By Adam Brzezinski, Guido Deiana, Valentin Kecht and David Van Dijcke (University of Oxford – The Institute for New Economic Thinking)

Will COVID-19 Remake the World?

By Dani Rodrik (Harvard University – Kennedy School of Government)

Join the Discussion

Register for Updates

Would you like to receive updates on the Global Solutions Initiative, upcoming events, G7 and G20-related developments and the future of multilateralism? Then subscribe here!

1 You hereby agree that the personal data provided may be used for the purpose of updates on the Global Solutions Initiative by the Global Solutions Initiative Foundation gemeinnützige GmbH. Your consent is revocable at any time (by e-mail to [email protected] or to the contact data given in the imprint). The update is sent in accordance with the privacy policy and to advertise the Global Solutions Initiative’s own products and services.