Element - - BUSINESS -

In­ter­na­tional ac­coun­tancy firm KPMG is also stress­ing the value of val­ues be­yond the dol­lar signs. A re­cent 180-page report from the firm presents ‘a sys­tem of 10 sus­tain­abil­ity megaforces that will im­pact each and ev­ery busi­ness over the next 20 years’. Th­ese in­clude cli­mate change, en­ergy and fuel, ma­te­rial re­source scarcity, water scarcity, pop­u­la­tion growth, wealth, urbanisation, food se­cu­rity, ecosys­tem de­cline and de­for­esta­tion. Ac­cord­ing to the report: “The world is too un­cer­tain and too com­plex to rely on lin­ear fore­casts; there­fore, busi­ness lead­ers and pol­icy mak­ers should pre­pare for the un­ex­pected. This means learn­ing to take ac­count of glob­ally in­ter­con­nected megaforces.” Jamie Sin­clair, di­rec­tor of sus­tain­abil­ity ad­vi­sory at KPMG New Zealand added: “As the en­vi­ron­men­tal costs iden­ti­fied in the report be­come recog­nised glob­ally, the sup­ply chain im­pacts on New Zealand will be sig­nif­i­cant. The mes­sage for New Zealand busi­nesses is clear: our success as a na­tion de­pends on our abil­ity to de­cou­ple growth from nat­u­ral re­source use and en­vi­ron­men­tal harm.

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