Date: 2025-04-28 Page is: DBtxt003.php txt00005826
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Group: The B Team
Discussion: Prince Charles urges companies to end short-termism
Burgess COMMENTARY
Peter Burgess
The B Team The B Team 2,522 members
Christopher Halburd Prince Charles urges companies to end short-termism
Christopher Halburd ... Head of Brussels Operations at Environmental Law Service
Prince Charles urges companies to end short-termism - Telegraph telegraph.co.uk The Prince of Wales has urged business to undergo “transformational change” to create a sustainable future where the actions of responsible industry leaders benefit everyone in Britain.
Like (4) Comment (4) Share Unfollow Reply Privately4 days ago Comments Robert Guercio, Christina Kleinau and 2 others like this 4 comments
Robert Richardson Robert Robert Richardson International Merchant Accounts and payment processing solutions worldwide.
Prince Charles has done an amazing amount of work for the business community and most in Canada are not aware of this. Thanks for the article! Like (1) Reply privately Flag as inappropriate 3 days ago Suzie P. likes this
Steve Cox Steve Steve Cox Experienced Sales Professional and Author for managing, training and development
If Prince Charles was simply a business leader he would be admired further as he was promoting green business and practice before many of us had caught on to the need. Like (1) Reply privately Flag as inappropriate 3 days ago Suzie P. likes this
Norma Burnson Norma Norma Burnson Founder/Senior Partner; Burnson & Associates, LP
Steve, that is so true. For years people called him 'looney', due to his sustainable views, especially in the food production area. I am happy to see all that work getting recognized worldwide and very much validated. Like Reply privately Flag as inappropriate 1 day ago
Peter Burgess Peter Burgess Founder/CEO at TrueValueMetrics
Prince Charles has been one of my favorite people for a very long time. He has been way ahead of the curve on a whole lot of critical issues going way back to the sixties. In my view, the media have never done their homework. He has had a deep concern for social issues, for livable architecture, for wildlife and the environment, for business behavior ... and the list goes on. He has made a huge difference, but all very very quietly. He also has a very deep sense of humor. As I say ... one of my favorite people.
Having said that, while I am glad that the Prince is engaged with accounting and sustainability with initiatives like the Integrated Reporting of IIRC and The Prince's Accounting for Sustainability Project, I sense that the people around him are the accounting establishment that will have a great difficulty in 'thinking outside the box'.
My understanding of these various initiatives is that the expectation is that 'tweeking' the accounting system and reporting about a corporate organization is going to result in substantial change towards sustainability ... and I don't think the evidence shows this will work. Something more radical is needed so that the data being analyzed reflects multiple perspectives ... multiple dimensions. People, not organizations, should be at the center of the analysis of progress and performance. Organizations may be an important part of good performance, but not without a huge rethink about their priorities and behaviors.
Prince Charles has got a conversation started. Hopefully it will be able to do something measurably significant.
Peter Burgess - TrueValueMetrics Multi Dimension Impact Accounting http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=txt20080001 Delete 22 hours ago