From reporting to the market
Updated: Apr 16, 2019
The primary motivation of the Universal Commons Project is the observation that profit, when narrowly defined in purely financial terms, does not exhaust “genuine value,” which includes social and natural goods alongside financial goods. This is also a primary motivation of the Integrated Reporting <IR> movement, which encourages businesses to consider social and natural impact alongside financial profit when reporting.
As such, we see the <IR> movement and the Universal Commons as fellow travellers, working towards the common goal of gearing the economy towards generating genuine value while preserving the condition of the natural environment that sustains us all.
You can read more about the overlaps between the Universal Commons and the <IR> movement on the International Integrated Reporting Council (IIRC) website. The Universal Commons Project looks forward to working closely with the IIRC in advancing our common goals in the years to come.