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

Harvard Business Review

And while the plan will have large impacts on business, it''s not a big enough vision to meet the scale of our climate challenge. But when all the elements of the president''s plans are combined, carbon energy will less appealing relative to cleaner options. But the plan we have on the table isn''t fully up to the task we face.

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An Inside View of How LVMH Makes Luxury More Sustainable

Harvard Business Review

Each brand’s strategic business plans now include a LIFE plan, with actions and targets laid out for the next five years. 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.