Understanding the relationship between your organisation and the wider world, and identifying which issues, trends, dependencies and risks are material (important) to your business future is critical. Not just for measuring and managing impact, but also for developing resilience and responding to the changing requirements of clients, investors and wider stakeholders and ultimately maximising the opportunities for sustainable value creation.
Intent in sustainability can be the difference between differentiating a strong (if nascent) approach from a shallow one.
But intent can be difficult to demonstrate to a cynical world.
The motivation behind multi-capitals approaches is to highlight their value to the economy. Why not focus upon the value of the planet as a going concern?
The discount rate makes a lot of sense but it also acts to restrict adequate investment in sustainable change. How might we compound future value?
Capitalism has no stated end-goal, no clear outcome or purpose, yet it dominates our planet. We need a little more from our operating system.
From shallow value to real value - markets need to be capable of valuing a common future as more valuable than a private present.
What hope for sustainability when short term, shallow value and sensation is prioritised over the long term productive capacity of the planet and humanity?
Like pricing the Earth, getting the right price for your Mother might be harder than you think
Scarcity may be a simple and effective way of generating price but it is fatally flawed as an approach to delivering a sustainable future...
The link between short termism and unsustainability is clear and well established - Lustrum trading may provide an answer.
We don’t need to know in dollars, pounds or renminbi how valuable natural capital and natural productivity is in order to tell us that we should behave more sustainably.