||1 of 1 people found the following review helpful.| How Multiple Capital Accounting Can Save the Planet|By John B. Montgomery|The easiest way to change a system is to change its sponsoring thought. What if we changed the sponsoring thought behind the corporation so that it had the dual purposes of optimizing stockholder welfare and providing a material positive impact on society and the environment? We’ve started doing th|||“The MultiCapital Scorecard provides a valuable aid to help companies get to grips with the complex set of resources and relationships upon which all organizations impact and depend. The context-based approach is a particularly important
For decades now, organizations have been struggling to find the best way to address their social and environmental responsibilities alongside their economic obligations. In other words, they want to know how best to effectively manage their operations based on a triple bottom line (3BL)—one that reflects social, environmental, and economic performance.
Recently, an international standard for integrated reporting has emerged that in principle e...
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You easily download any file type for your gadget.The MultiCapital Scorecard: Rethinking Organizational Performance | Martin P. Thomas, Mark W. McElroy.Not only was the story interesting, engaging and relatable, it also teaches lessons.