Ecosystem decline and economic risk…

The question was asked by Sue Charman on the UK Finance Lab, How do we start predicting ecosystem decline, and if business is capable of changing?
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One way is to begin to use more scientific measures of the net effect of things. There are some rather major problems with “sustainability arithmetic”, you might call it.

People tend to mix statements of social values and the numbers they use in a way that is very forgiving for whatever purpose intended. I don’t exaggerate. For one familiar example, people count their own personal waste items as their environmental impacts, such as the number of plastic bags they use.  They might count their efficiency in limiting cooking and cleaning, or running the AC, etc.

The real scale of their environmental impact, adding to economic risks, is hardly related to their personal waste at all, though. Continue reading Ecosystem decline and economic risk…