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Why We Need to Update Financial Reporting for the Digital Era

Harvard Business Review

Business students have traditionally considered net present value, payback period, and hurdle rates as necessary tools to determine which project to select. Another CFO mentioned that it will take a full-blown crisis, such as the 2000 dot-com meltdown, to force substantive changes in the standard setting process.

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An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

Charles Gibb, Belvedere’s CEO, says it made a strategic choice to invest in this project, even though it had a longer payback period than normal. Like many luxury brands, Krug was struggling after the 2008 financial crisis. As a result, Belvedere’s greenhouse gas emissions have dropped by 40%.

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Obama Gave a Monumental Climate Change Speech, But It's Still Not Enough

Harvard Business Review

Still, if you''re dependent on coal-powered energy — or your value chain is — it''s time to rethink your energy strategy and reconsider the payback periods on clean energy investments. Business will feel government action on many fronts.