Bloomberg BNA — Companies are starting to consider the value of natural resources in making business decisions, a practice that will become increasingly important as those resources become further constrained, corporate representatives say.
Last June, I raised a few eyebrows when I told attendees at the United Nations Conference on Sustainable Development in Rio (aka Rio+20) that "accountants would save the world." But I meant it. To get all businesses involved in solving the world's toughest problems, we must change the accounting rules.
World Bank President Jim Yong Kim, who yesterday vowed to boost the lender’s contribution to easing the effects of climate change, was urged by non-profit organizations to stop financing fossil-fuel projects.