The True Profits Assessment by Impact Economy Foundation is now out!
The report shows how the profits of Europe’s 20 largest companies change when social and environmental impacts are taken into account.
– €427 billion in annual positive contributions
– Climate costs absorb 60% of reported profits
– €209 billion in profits turns into a €19 billion net societal loss when all externalities are included
For a fairer economy, three levers stand out:
- Tax harm and reward positive impact
- Make sustainable investment more affordable
- Recognise climate and biodiversity investments on the balance sheet
Click here to read the full report!
