Firms Ignore Environmental Costs at Own Risk
Requiring all corporations to be transparent about their financial, environmental and human health costs would be good first step, Joseph Zammit-Lucia writes. “We can then start an open discussion asking: if corporations do not wish to bear these costs they generate, how should our society deal with them? While these costs remain hidden and largely ignored, such a discussion is impossible.”
He points to the new UK greenhouse gas emissions reporting regulations as a sign of progress and says a good example of a company that has already started this process is Puma, with its environmental profit and loss statement.
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