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Feb 19, 2012

Environmental Impacts Cost 41 Cents for Every $1 of Revenue, Report Finds

Source: Environmental Leader, 

If companies had to pay for the full environmental costs of their activities, they would have lost 41 cents out of every dollar earned in 2010 -- and these costs are doubling every 14 years, according to a Trucost analysis for a KPMG report. The environmental profit and loss-style analysis for 11 key sectors found the cost to global society of environmentally-sensitive corporate activities for food producers actually outweigh the sectors' entire earnings, at a whopping $200 billion, and in five other sectors -- electricity, industrial metals, mining, marine transport, and airlines -- environmental costs could account for more than half their earnings.

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