25 April 2012
Trucost, an environmental data provider, estimates that the world's largest 800 companies benefited from free ecosystem services valued at $854bn in 2010, 41 per cent of their earnings. This compares with $566bn in 2002, an unsustainable rate of increase.
Richard Mattison, chief executive of Trucost says: "Environmental shocks and natural capital constraints are impacting companies' performance. For example, there has been a number of profit warnings during the past few months among clothing retailers as a result of skyrocketing cotton prices driven by water-related issues."
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