For more than half a Millennium – since Franciscan friar, Luca Pacioli’s publication of the first full account of double-entry bookkeeping in 1494 – business and investment have calculated value by focusing predominantly on a sole capital: financial. With such single-minded thinking, one could call this the era of mono-capitalism.
Over $1 trillion has been invested in renewables worldwide, creating around 10 million job opportunities. Renewables benefit the environment as they represent a clean and sustainable source of power.
Consumerism has certainly taken its toll on society and the environment. Take all the effort that goes into mining the raw materials for the consumer electronics industry, transport of the same – often from afar – only to eventually end up dumped.
A recent report shows that over a million Indians die every year due to air pollution. Power plants have been encouraged to install scrubbers to curb emissions.
Up until not so long ago, I thought that this third world-come-developing country was like the wild wild west! I have come to discover that in fact, the Philippines has plenty of law and law enforcers.
Working in the ‘sustainability’ space with medium to large enterprises over the years, I have unfortunately at times been faced with the casual response of: “this does not affect us, nor do we have any say”.
It was not so long ago that the catch-cry of business was planning. As the adage goes: if you fail to plan, you plan to fail.
Overlooking the Indian ocean, I am sitting on the balcony of the Face Hotel, Colombo, Sri Lanka, where one of the most prolific science and science-fiction writers ever, Arthur Charles Clarke (1917-2008) penned his famous series of novels.
Originally posted on LinkedIn Over the last twenty years, it has become apparent that government… Read More »Business transitions for sustainability