Tag Archives: true cost accounting

If your chief financial officer is the last person you would think of to take charge on climate change, think again. Today, smart organizations are shifting their sustainability responsibilities toward the finance function.... The focus needs to be on true cost accounting. Economic calculation doesn't work when markets are not dealing in terms of true cost owing to socialization of negative externality.Harvard Business ReviewYour Company’s Next Leader on Climate Is…the CFOLaura Palmeiro

Head in the sand, so far. Massive denial."Capitalize the gains, socialize the losses" is becoming an unsustainable business model.Tax Research UKThe world’s companies should be forced to account for Global Heating Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum