One of Business Declares' fundamental beliefs is that there is insufficient recognition of the true cost of doing business.

It has been a year since we announced our support for the True and Fair Project hosted by Social Value International. The project encourages businesses to recognise and disclose the costs of the impact they make on the planet and society in their financial statements. Directors may agree with this, either to give a true and fair view or because they want to make an appropriate commitment. And they can do this using the existing legal and accounting frameworks.

One year on, a guide has been produced, there's a library of supporting material including the seminal legal opinion by George Bompas KC and momentum is growing. Come and hear from Jeremy Nicholls and Jo Fackler of Social Value International about progress and how to act.

We will also hear from Sam King about the GIST Impact's work valuing these impacts. Effective valuation is clearly required to report impacts appropriately. GIST have a range of solutions to "Measure, value and manage your impacts, risks and opportunities".

Sam Baker, director at Business Declares, will chair this discussion and will ensure there's plenty of time for questions.