Terence Jeyaretnam

The evidence is finally in. Business transactions do result in significant externalised environmental impact, which, if monetised, would result in a third of all profits from the world’s largest companies being eroded away. A recent report by Trucost to the United Nations has made this finding after modeling the environmental impact of the world’s largest 3,000 companies.

The report comes amid growing concern that businesses are merely paying… Continue

With the black clouds of the GFC looming upon us at the start of 2009, we were cornered to ask some big questions. So what of business sustainability? Is it still important?

Would businesses still seek to be green, or would the sustainability budget be one of the first to be cut? But, we were optimistic. In 2008 we no… Continue

Terence Jeyaretnam

Eighteen months ago, French President Nicholas Sarkozy established an International Commission on the Measurement of Economic Performance and Social Progress, owing to his dissatisfaction with the state of statistical information about the economy and society.

The report, released on the 14th of September The European Union recommends introducing an index in 2010 to track life qualities such as a… Continue

World Environment Day (WED) is celebrated every year on 5 June in more than 100 countries. WED was established by the United Nations General Assembly in 1972. WED is hosted every year by a different city and commemorated with an… Continue

‘Social capital’ was coined by the American economist Robert Putnam, who famously discovered it wandering around the towns of Emilia-Romagna in Italy, with all their guilds, football clubs, amateur dramatics and local networking – stretching back to the 12th century. Tony Blair describes it slightly differently in his notorious pamphlet The Third Way, as “the foundation of social solidarity on which any successful society depends”. The green economist Hazel Henderson calls it the ‘Love Economy’.… Continue