Episode 41: What Is Extinction Accounting?
In this episode I speak with Professor Jill Atkins of Sheffield University’s Management School. Professor Atkins is a leading researcher in the field of extinction accounting and in this discussion she helps define its practice and its importance on the ESG debate.
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Show Notes
Sustainability reporting is something that both financial statement preparers and investors have been discussing for years, and it’s expected to become even more of a hot button issue in the US as a new administration focused on climate change takes charge of capital markets oversight.
It’s fair to say that in Europe, the debate regarding ESG reporting practices is more evolved. There is already a movement to adopt a practice known as “extinction accounting” where companies report on the impact they have in biodiversity.
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Special Guest: Jill Atkins.