Corporations Transfer Environmental Costs to Society

A new report by KPMG, the international the audit, tax and advisory firm, calculated that if companies had to pay for the full environmental costs of their production, they would lose 41 cents for every US$1 in earnings on average. The report, “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.