A report by Trucost, commissioned by the Economics of Ecosystems and Biodiversity, found that if environmental costs are counted, almost no industry is profitable.
Perhaps we might pause and think about that?
If we take the all-in-accounting cost for the Earth to make the raw ingredients, for the tree to grow, the soil to be enriched, the forest to build its complex ecosystem, if we then factor in the costs of post use, commonly known as waste or pollution, then we might rethink our businesses.
Someone will pay. Eventually. Or sooner than we have considered. 7 million people die each year from air pollution…and it affects every continent. 7 million!
I refuse to believe that the wonder of the human mind cannot solve for designing enterprises that profit in all domains, not to the extremes of greed that we see as the ‘holy grail,’ while also taking into account from day one the all-in-accounting costs.
This transcends the ‘circular economy’ which is an advance, but still incomplete, and has been co-opted by many as the new green wash.
This is a big challenge…I think we are up to it.
I hope you will join me as we become the map makers of the new models that factor the all-in-costs from day one.
*Natural Capital at Risk, Trucost.com
Photo taken June 11th, 2019
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About Dr Christine McDougall
A STEWARD TO MAP MAKERS – TO ENTREPRENEURS AND LEADERS WHO ARE WRTING THE NEW MAPS FOR THEIR ENTERPRISE FOR A WORLD WITH A FUTURE
Christine is an internationally recognised facilitator, practitioner, teacher coach, and authority in integrative systems design, human relational design, deep wealth design and regenerative enterprises. She has held large multi-stakeholder initiatives towards a better future or all, managing diversity, complexity and various stages of human development.
As the principal of 2:23AM – She works with leaders and enterprises globally who have a commitment to being the pioneers of enterprise change, where consideration of both the short term profitability and the long term costs/effects are added to the balance sheet on day one, raising the question of how else might we be successful without robbing from our children’s future.
To learn more visit www.223am.com
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