How do we create value?
Money is a means of expressing value, but it isn't a complete expression of value by itself and it isn't the only way to express value. If we know someone's net worth at the time they die, we can not tell how valuable their life was. The same is true for companies. The financial bottom line tells us something about value creation, but the financial bottom line is not the whole story. The Art of Value is about getting to the root of how companies create a better world, making value visible. … Continue..
RECENT FROM BLOG:
EU proposal for integrated reporting: A step in the right direction?
The European Commission has come out with a proposal to require large EU companies report on social and environmental issues in annual financial reports. While requirements for such reporting already existed, they were sufficiently vague enough that it is believed less than 10% of European … [Read More...]
Sustainability reporting goes integrated
GRI and the International Integrated Reporting Council (IIRC) signed a new memorandum of understanding this week, with GRI effectively recommitting to integrated reporting. This is important because there have been doubts about GRI’s comfort with the direction of integrated reporting. One of … [Read More...]
Good news: Sustainability is impossible
Based on the number of retweets I saw, the Guardian’s reporting on Patagonia’s campaign to change capitalism to avert environmental collapse was well received. What I found most interesting about the article is that Patagonia is avoiding the word sustainability. According to the Guardian, this … [Read More...]
The case for measuring socio-economic value
http://www.youtube.com/watch?v=3AcW_opesm0 … [Read More...]
How lessons of sustainable business also foster personal success
The most important lesson I learned in 2012 about sustainable business is how the key lessons—time frames matter, success means creating shared value—are also critical to creating a successful life. I’ve come to this conclusion by watching a lot of people in sustainability, including myself, … [Read More...]