Sustainability "Megaforces" Impact on Business Will Accelerate, Finds KPMG
-The costs of environmental impacts of business operations are doubling every 14 years.-Companies should expect increases in external environmental costs which today are often not shown on financial statements.
-Businesses and policymakers must take joint strategic decisions and act now.
NEW YORK, Feb. 14, 2012 /PRNewswire-USNewswire/ -- New research from KPMG International has identified 10 "megaforces" that will significantly affect corporate growth globally over the next two decades.
The KPMG study, Expect the Unexpected: Building Business Value in a Changing World , explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. The analysis examines how these global forces may impact business and industry, calculates the environmental costs to business, and calls for business and policymakers to work more closely to mitigate future business risk and act on opportunities.