AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Redefining Success: Normative Philosophy in Business Accounting
The chapter explores Normative's mission to revolutionize traditional accounting by including external costs related to climate, human health, and well-being, inspired by utilitarian ethics. It emphasizes the urgency to address climate change through measuring emissions, setting net zero targets, and compelling corporations to integrate carbon accounting into financial frameworks. The dialogue underscores the role of citizens, governments, financial institutions, and businesses in creating a sustainable incentive environment for tracking and managing emissions, pushing for eco-friendly practices, and implementing green standards.