This article was originally published on the Guardian.
“…In July 2016, the world took a giant step towards natural capital accounting by officially launching the Natural Capital Protocol – opening a new pathway for companies.
By thinking strategically about natural capital decisions and implementing the Protocol, forward thinking companies now have the opportunity to impact sustainability while reducing the market distortions that allow for damage to the global commons to occur in the first place.
The combination of systems transformation at the industry and business level, and economic restructuring on the financial and reporting level, will push the world in the right direction. But we need to abandon incrementalism in favour of complete transformation.
Each and every one of us – business included – depends on common global resources and we all have an important role to play in leading the change.
Business must continue to step up, and the collective global community must also come together to move forward. We have cleared the first hurdle in agreeing on a sustainable pathway forward, but now it’s time to work together to implement meaningful and lasting change…”
Read on at: the Guardian.