16 Feb '12, 4pm

Environmental Impacts Cost 41 Cents for Every $1 of Revenue, Report Finds

If companies had to pay for the full environmental costs of their activities, they would have lost 41 cents out of every dollar earned in 2010 – and these costs are doubling every 14 years, according to a Trucost analysis for a KPMG report. The environmental profit and loss-style analysis for 11 key sectors found the cost to global society of environmentally-sensitive corporate activities for food producers actually outweigh the sectors’ entire earnings, at a whopping $200 billion, and in five other sectors – electricity, industrial metals, mining, marine transport, and airlines – environmental costs could account for more than half their earnings. In reality, these costs are not borne solely by companies but are passed on at least partially to end-users, KPMG said in the report, Expect the Unexpected: Building Business Value in a Changing World. But it said the data gives...

Full article: http://www.environmentalleader.com/2012/02/16/environment...

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