Pavan Sukhdev is the founder and CEO of GIST Advisory -Green India States Trust -http://gistadvisory.com/, an environmental consulting firm focused on enabling governments and corporations to measure and manage their impacts on natural and human capital.
GIST Advisory’s approach
The impacts on natural and human capital are often large, usually in the realm of ‘public goods and services’, usually not measured or estimated in economic terms, and, rarely if ever, managed. They are so-called “economic externalities”, but in an increasingly carbon-constrained world with ecological scarcities (freshwater, soil nutrients, peak oil, etc) looming large, it is dangerously short-sighted to still think of these impacts as “externalities” and to ignore them. Similarly, some of the largest gains for governments and companies are in the form of human capital externalities – their impacts (often improvements) in the level of education, skills, health, and hence productivity of employees – and these are also considered “externalities”. Once again, it is poor rationale to neither measure these impacts in economic terms nor to manage them. GIST Advisory provides tailored solutions in this domain for governments and corporations.
Advising « Pavan Sukhdev
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