“Most companies are in the dark when it comes to accounting for their impacts and dependencies on the environment, and investors struggle to compare what little disclosure there is in a meaningful way.”
[COMMENTARY] In due course, all companies will have to account for their use and depletion of natural capital in their financial statements. How can the costs of natural capital be agreeably designated if there aren’t markets to determine them?
It’s time for our financial statements to reflect the vital value of nature, May 22, 2020, Corporate Knights. Canada.