July Monthly Briefing: Costing the Earth Our views on what matters |
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Buckle up for a ride through alphabet soup. As we get to grips this month with the shifting environmental agenda, I counted multiple uses of more than 20 abbreviations in our articles here, many of them TLAs – darn, these three-letter acronyms are surprisingly contagious.
Seriously, the jargon may be technical and the language in need of a lexicographer, but this stuff matters. It matters because life as we know it on this planet is increasingly endangered, and it matters because many good people in companies are trying to do something about that.
The good news is that the shift from carbon to nature makes this agenda an even more central business issue for pretty well everyone. The further good news is that a growing array of tools and frameworks and initiatives to help with that shift, are moving from beta testing to the mainstream.
Despite the acronyms, the underlying principles are clear. Move on from “do no harm” thinking to be “nature-positive”. Offsetting is only a temporary, short-term step towards fundamental change. Carbon can be managed as a risk, but nature is existential. Even accountants like me get that.
On which happy note, read on….
Mike Tuffrey |
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| | | Deforestation at the Depot – can shareholders stop the matter? Shareholders are putting pressure on companies to demonstrate sound deforestation policy and action, as real-time deforestation data becomes more readily available. Read More |
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| | A million ways to ‘offset’ in the West Carbon offsetting, it’s never too little too late. Read More |
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| | Will biodiversity reporting add to the existing framework fatigue? Companies already report against a large array of ESG frameworks, but as biodiversity begins to enter the spotlight, will it be beneficial, or simply add to companies’ framework fatigue? Read More |
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| | Costing the Earth This year marks a notable shift in focus for companies, from climate change alone to a broader environmental transition.
Read More |
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| | Corporate climate commitments burst onto the scene in 2019. Nature is next.
Reversing nature loss means taking active steps to recover nature, and this approach has the benefit of delivering on climate and even broader CSR goals.
Read More |
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| | Understanding, managing and developing your relationship with nature and natural capital
Companies are increasingly recognising the need to understand their impacts and dependencies upon nature and natural capital, but for many this is relatively new territory. Where do they start?
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