GR: Awareness of the coming disaster is creeping up on the perpetrators. Forecasters predicted an economic decline long ago. It results from the careless treatment of the elements of natural ecosystems as commodities and from the short-sighted business imperative of “growth at all costs.” Read more here.
“No wonder Environmental, Social and Governance (ESG) risk has lain hidden for so long. Now that businesses are regularly being encouraged to look closer at their supply chains and disclose it, the implications are alarming: for businesses, investors and the planet. A new study released today reveals that, on average nearly a quarter (24%) of global company revenues depends upon four commodities linked to deforestation: cattle products, palm oil, soy and timber products. That translates, it says, to $906 billion in annual turnover potentially at risk.
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