Your Planetary Debt Balance Sheet
Many enterprises are responsible for negative impacts on the climate, environment, or people in their direct operations, in their upstream customer base, or in the downstream supply chain.
For a long time these impacts came without cost, they were externalities to the business. They were out of sight and out of mind.
Now, these impacts have returned as material risk to current and future operations. Extreme weather events, resource scarcity, biodiversity loss and habitat destruction, and pollution are just some of the global scale challenges that disrupt supply chains and increase costs. These are exacerbated by changing policy and regulations that hold business to account.
Another challenge is that many supply chains are complex and multi-layered. You may not even know that your business model relies on artificial costs from illegal deforestation, pollution, overfishing, or even child labour.
Investors and changing regulations are driving business to examine the impact of their supply chain and discover these externalities and address issues found. The translation of externality into operating cost disrupts business models and changes the economics of supply chains. Worse, the longer the delay in identifying and acting on these issues, the greater the disruption and cost, the planetary debt on your balance sheet, can be.
The hardest step in addressing these challenges is often the first one. Shared Stewardship’s practical step-by-step process helps you from start to finish.
