“With natural capital depletion and biodiversity loss estimated to result in adeclinein global GDP of $2.7 trillion annually by 2030, institutional investors are increasingly defining and grappling with these issues, forming organized coalitions, and deciding to press public companies for action, enhanced board oversight and new disclosures.”

[COMMENTARY] Since the earliest days of my investing career, circa the 1970s, I’ve been concerned that the pricing-in of natural capital into product and economic costs had to occur someday. Finally, it looks like it’s beginning to happen.
The Coming Wave of “Natural Capital” and Biodiversity Shareholder Activism and Stewardship Pressure on Boards, by Sabastian V. Niles, Carmen X. W. Lu, and Allison Rabkin Golden, December 17, 2022, Harvard Law School Forum on Corporate Governance, USA.