A Business View of Environmental Costs and Opportunities
April 20, 2008 by Emily Ryan | Filed under: Environmental Valuation and Accounting [1]
This article looks at environmental valuation from a strictly business perspective, placing the options into only three categories: cost, market, and income approaches. It views valuation as the necessary outgrowth of the corporate movement towards environmental regulation and the correct valuation of a business transaction, including any environmental impact. This is less about consumers and more about the business making a good deal. Some focus is given to the competitive advantage that can be gained through replacing ROI with return on environmental quality, but the calculations are viewed in terms on home re-sale and land value. At the heart of the valuation issue though is the need to be provided an independent assessment of underlying value - no matter the product, activity, or output.