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The bigger picture brings greater justice

The bigger picture brings greater justice

Future accounting calculates sustainability

Christian Hiß
Hiss: “They key is to change the way we account for profits and losses.”

Money makes the world go round. Companies seek to maximize profits, countries their GDPs. In both cases, we are dealing with figures in dollars, euros or some other currency. But what about values or services without a price tag? Such as employee health. The advice and expertise of colleagues freshly retired. What is the long-term cost of cutting down a forest? How expensive is sustainable (or industrial) farming? So far, most accounting revolves solely around financial issues.

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