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11 November 2010

Biggest Natural Disaster: Man

Written by Brenda Ferrar, Posted in editorials

Biggest Natural Disaster: Man

It's always been said that prevention is better than cure, so it shouldn't be surprising then to read that the UN are proving that it is more expensive for us to fix our pathological environmental damage than it would cost us to prevent it.  Moreover, studies are being conducted to show that business as usual will soon become more expensive than moving towards sustainable business solutions.

According to the report, the world's 3,000 largest companies are responsible for a third of the environmental damage (approx $2.2 trillion).  These currently externalised costs will sooner or later need to be internalised into the running costs of companies in order to rectify one of the major oversights in our economy.

To read the full article by Environmental Leader, including links to the UN Report and supporting Stern Review, click here.

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Brenda Ferrar

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