The truth is stark: companies are hiding the real cost of the net-zero transition. Without honest accounting, capital is misallocated, pensions are at risk, and businesses will fail. Sustainable cost accounting is the solution.
This is the audio version:
This is the transcript:
We need to account for climate change.
We are not.
The fact that we are not is going to create the biggest financial crisis for private markets that the world might ever have seen sometime in the next decade or so.
In this video, I want to talk about how we need to put the cost of climate change on the balance sheet of the largest private companies that we all deal with, so that we understand the…