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The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. Read More
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Considers the evolving risks and materiality of natural capital and argues that including natural capital issues in corporate materiality and risk assessments creates better-informed decision making by an organization and its stakeholders; an enhanced and more comprehensive risk-management process; and an increased ability to realize strategic opportunities.
This report demonstrates the lack of a standardized business case for considering biodiversity and ecosystem issues, and the lack of awareness among the accounting and business communities of natural capital issues. It also explores the accountancy profession's important role in raising awareness of the business case, and developing new valuation, accounting, and reporting approaches.
September 12, 2014 - The Guardian
September 11, 2014 - The World Bank
September 10, 2014 - Institute of Chartered Accountants in Australia
September 9, 2014 - Biofuels Digest
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