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Divestment Alone Won’t Beat Climate Change

Harvard Business Review

Both of us have done work on sustainable development and are keen to see a transition away from fossil fuels in order to limit climate change. The key argument for fossil fuel divestment is that the cost of carbon dioxide emissions and other pollutants are not being accurately priced by the market.

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Divestment Alone Won’t Beat Climate Change

Harvard Business Review

Both of us have done work on sustainable development and are keen to see a transition away from fossil fuels in order to limit climate change. The key argument for fossil fuel divestment is that the cost of carbon dioxide emissions and other pollutants are not being accurately priced by the market.

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Providing Earnings Guidance? Think Again

Harvard Business Review

By helping to fill this analytical void, CFOs can make it more likely that the market will develop expectations that are grounded in reality. FD) constraints. Less Volatility in Stock Price: The net effect of providing guidance is arguably a less volatile stock price, which can result in a lower beta and a lower cost of capital.

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The Comprehensive Business Case for Sustainability

Harvard Business Review

Managing risks therefore requires making investment decisions today for longer-term capacity building and developing adaptive strategies. “Stranded assets” are investments that become obsolete due to regulatory, environmental, or market constraints. billion in mining projects since 2010. Fostering innovation.

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Is Your Business Biased Against Innovation?

Strategy Driven

The logic of NPV is to project cash flows into the future and then discount those flows back into today’s dollars at a given cost of capital. New product development is such a big piece of building new business, or so we are told. Most business models grow up in an era when certain kinds of constraints are difficult to overcome.