CCR Seminar: Accounting's Role in Impact Assessment, More than Just Spreadsheets and Taxes

Abstract:

The dominant global capitalist economic model harms ecosystems and humxn populations. In attempting to reduce these harms, its linear foundational elements characterized by rapid production, mass consumption, and ineffective disposal necessitate a shift to more circular approaches. Embracing circularity is complex and requires: 1) a systemic shift in business approaches; 2) an intentional redefining of value recognizing worth in elements that were once neglected or discarded; 3) a deliberate discarding of the traditional (competitive) ways of doing business, for one in which networks, partnerships and information sharing are pivotal; and 4) the development of appropriate tools for analyzing the broader implications of these changes. Given both its ubiquitous role in business and its ability to facilitate change, it appears a natural extension for accounting to serve an essential function in the circular transition, proving it offers more than just spreadsheets and taxes.

Bio:

Dr. Andrea Romi holds the Clark…