24 Feb '12, 9pm

Hidden environmental costs can be as much as 41% of earnings.

Climate change, energy volatility and water availability have been identified on a list of 10 "megaforces" that could potentially derail business growth over the next two decades, according to a major new report by KPMG. The accounting giant this week launched a report that aims to put a financial value on the environmental pressures businesses are likely to face in an increasingly resource-constrained world. FURTHER READING “Denier-gate” scandal uncovers the flaw in pick and mix green strategies The 10 sustainability "megaforces" threatening your business The report lists 10 connected "megaforces" that could have a significant impact on businesses: climate change, water scarcity, growing populations, deforestation, energy supply volatility, material resource scarcity, wage inflation, urbanisation, food security and ecosystem decline. It warned that many businesses will ha...

Full article: http://www.businessgreen.com/bg/news/2152737/kpmg-hidden-...

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