By Science Daily, June 25, 2014
New research published in the journal Nature Climate Change reveals that although some companies like Kering, a group which includes Puma and Gucci, are leading the way, more needs to be done to foster a sustainable green economy.
"Some private sector companies such as Kering, a group which includes Puma and Gucci, have started to publish environmental profit and loss accounts. This is a big step forward, and I hope that more firms will examine their natural capital impacts and dependencies throughout their supply chains.
"Natural capital is the foundation of all human wellbeing, yet its degradation is largely unreported and important public and private sector decisions are routinely made without regard for its value. Government and industry must join efforts to disclose both their own dependence on, and also their impact on natural capital."
The above story is based on materials provided by University of East Anglia. Note: Materials may be edited for content and length.
1. Matthew Agarwala, Giles Atkinson, Christopher Baldock, Barry Gardiner. Natural capital accounting and climate change. Nature Climate Change, 2014; 4 (7): 520 DOI: 10.1038/nclimate2257