Trucost News / 25 Apr 2012
Biodiversity: Valuation is vital to life support services
Trucost provided insight into the natural capacity dependency of the world’s largest companies for the Financial Times.
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.”
Read article Biodiversity: Valuation is vital to life support services
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