14 Feb '12, 11pm

KPMG Says 'Hidden' Environmental Costs to Double Every 14 Years

KPMG Says 'Hidden' Environmental Costs to Double Every 14 Years

The costs of environmental impacts from businesses are on track to double every 14 years, according to an analysis of 10 global "megaforces." Ranging from climate change to the growing middle class, these megaforces are expected to significantly affect corporate growth over the next 20 years, says KPMG International . KPMG explains the megaforces, how they interact, how they apply to specific sectors and what businesses and governments can do about them in a new report, "Expect the Unexpected: Building Business Value in a Changing World ." The megaforces include climate change, energy and fuel, material resource scarcity, water scarcity, population growth, wealth, urbanization, food security, ecosystem decline and deforestation. KPMG culled those 10 trends from looking at more than two dozen forecasts from other agencies and think tanks. Putting environmental impacts in do...

Full article: http://www.greenbiz.com/news/2012/02/14/kpmg-says-hidden-...

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