The concept of a business measuring its success not only by profit, but also by its positive effects on people and the planet, is known by this three-word framework.
What is the Triple Bottom Line?
Where is CP30 hosted this year? (30th United Nations Climate Change Conference)
Brazil
This term describes the most liquid asset a business can hold and is essential for daily operations.
What is cash?
Net Impact at the Ross School of Business was awarded this for the past 6 years for club excellence
Gold Status!
What is the largest event the club holds each year?
The symposium!
Companies increasingly track this in their supply chains to reduce labor and reputational risk
What is Ethical Sourcing
The largest source of renewable energy worldwide comes from this natural resource
Hydropower
This term refers to the ratio that measures a company’s ability to pay short-term obligations with its most liquid assets, excluding inventory.
What is the quick ratio (or acid-test ratio)?
How many Net Impact chapters exist around the world, spanning universities and professional networks.
400+
Who sends the weekly newsletters?
Cassidy!
This global organization focuses on addressing issues like poverty and inequality through goals like "Zero Hunger" and "Quality Education."
What is the United Nations (or the UN Sustainable Development Goals)?
Approximately 8 million metric tons of this waste enter oceans annually. Roughly one garbage truck every minute.
Plastic
Often seen in mergers and acquisitions, this term represents an intangible asset that arises when a company is purchased for more than the fair value of its net identifiable assets.
What is goodwill?
Net Impact was founded in 1993 at this top U.S. business school.
What is Stanford Graduate School of Business?
Taylor and Carlie both held this leadership position prior to becoming Co-Presidents
What is VP of Social Impact?
This tool helps organizations quantify the social, environmental, and economic value created by their projects
What is Social Return on Investment (SROI)
Skyscrapers are experimenting with these green installations to improve air quality and reduce energy use.
Vertical Gardens
This principle underlies financial reporting and dictates that expenses be recognized in the same period as the revenues they help to generate.
What is the matching principle?
Net Impact expanded internationally in the early 2000s with its first chapter outside the U.S. established in this country.
What is the United Kingdom?
This is the amount of positions we will have on our 2026 Executive Board
11
In social entrepreneurship, this type of business model seeks to address a societal problem while generating sustainable revenue, often blending non-profit and for-profit practices.
What is a hybrid business model (or social enterprise model)?
This type of textile waste is being recycled into building insulation in innovative sustainability projects.
Denim
Used in financial modeling, this term describes the process of forecasting a company’s future financial results by analyzing historical data and making industry-based assumptions.
What is pro forma analysis?
Net Impact changed its name from “Students for Responsible Business” to its current name in what year?
1999
In what year was the club founded?
2004