How to be green – cost your externalities

SIMON WILD

20130910-080934.jpg Following on from my post yesterday about moving to the Ecological Model (don’t forget the free book competition) and how we need to shift from our current economy to an ecological economy and what does that mean for the property industry, I thought this was quite interesting. A UK firm called TruCost specialises in calculating the cost of the externalities of companies and products.

Their services are targeted at organisations who want to understand the financial impact of the future risk of legislation that will cost externalities ie put a price on pollution. Now, in Australia you might not now see a risk because our current government wishes to ‘abolish’ the carbon tax. But the rest of the world is still wanting / needing to understand the costs and risks.

TruCost have offices in the UK and the US and work all over the world. The organisations that have used…

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