CMS/LPM
Local Multiplier E ect Visualise how spending locally generates more economic activity compared to spending with multinational companies. The chart illustrate the spend locally leading to additional local economic activity vs. chain stores.
Econmic Multiplier E ect of Local vs. Chain Spending
70
60
50
40
30
20
10
0
Local Businesses
Multinational Chains
Spending Target
Significance of Methodology
Environmental Metrics
Integrating quantitative data, rigorous historical analysis, and extensive survey results creates a comprehensive frame- work for understanding the multifaceted economic, social, and environmental impacts of local spending. This methodi- cal, multi-dimensional approach ensures that our findings rely on solid evidence and remain relevant to the pressing eco- nomic challenges of our time. The combi- nation of these methodologies provides stakeholders, policymakers, and commu- nities with actionable insights to foster resilient local economies and enhance overall societal well-being.
Sustainability assessments from the Carbon Trust provided essential insights into the new environmental implications of local versus global supply chains. By conducting emission comparisons, the research demonstrated how shorter, localised supply chains can significantly reduce carbon footprints, contributing to environmental sustainability. This analy- sis aspect emphasises the intersection of local economic support and ecological responsibility, reinforcing the importance of community-oriented purchasing choices.
11
Made with FlippingBook Annual report maker