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The Times

Nature is good for business – and we now have numbers to show it

  • Written by Paul Griffin, Distinguished Emeritus Professor of Management, University of California, Davis
Nature is good for business – and we now have numbers to show itGetty Images

When rivers degrade, pests spread or drought hits crops, nature sends a bill.

Yet it’s one rarely itemised on any balance sheet, because nature’s contribution to business remains genuinely hard to quantify.

One major obstacle is data. Businesses rarely disclose their precise operating locations, while detailed ecological...

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