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 \u2013 and these costs are doubling every 14 years, according to a Trucost analysis for a KPMG report.<\/p>\n
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\u2019 entire earnings, at a whopping $200 billion, and in five other sectors \u2013 electricity, industrial metals, mining, marine transport, and airlines \u2013 environmental costs could account for more than half their earnings.<\/p>\n
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,\u00a0Expect the Unexpected: Building Business Value in a Changing World.<\/a><\/p>\n But it said the data gives an indicator not only of industries\u2019 impact, but of the potential value at stake. And companies should expect to pay a rising proportion of these costs, posing a near-future financial risk, KPMG said.<\/p>\n Trucost says that environmental costs across the 11 sectors \u2013 which also include automobiles, beverages, chemicals, oil and gas, and telecommunications and internet \u2013 rose by 50 percent between 2002 and 2010, from US$566 billion to US$854 billion. It says the projected doubling of costs every 14 years is unlikely to be sustainable, even in the medium term.<\/p>\n Read the complete article at\u00a0EnvironmentalLeader.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" 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 \u2013 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 … Continue reading Environmental Impacts Cost 41 Cents for Every $1 of Revenue, Report Finds<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/posts\/4761"}],"collection":[{"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/comments?post=4761"}],"version-history":[{"count":1,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/posts\/4761\/revisions"}],"predecessor-version":[{"id":4762,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/posts\/4761\/revisions\/4762"}],"wp:attachment":[{"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/media?parent=4761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/categories?post=4761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unrbep.org\/dealerportal\/wp-json\/wp\/v2\/tags?post=4761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}