Abstract
This chapter introduces the concept of sustainability valuation of business. In this valuation, the value of business is determined by the values of sustainability businesses contribute to the sustainability of society. This is a main departure from conventional valuation methods. It finds a win-win situation between businesses and the sustainability of society, as the value of business would increase only when the business improves the sustainability of society. This chapter introduces key concepts such as de jure and de facto sustainability, describes the sequence of sustainability valuation, and discusses how this method would distinguish itself from other valuation methods.
Climate is res communis (common property) that belongs to mankind and as such can never be private property. Emperor Justinianus (Eastern Roman Empire, 534AD)
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Notes
- 1.
There are various contexts of win-win situation. One of the canonical examples may include one in the context of economic development and climate change engagement given in Appendix A.
- 2.
A related issue is the critique on the gross domestic product (GDP) as a measure of sustainability. A brief discussion on this is given in Appendix B.
- 3.
Civil societies can be considered a part of the public sector in this regard.
- 4.
- 5.
Residual waste is the waste that cannot be processed and erased through waste management. They remain in the ecosystem.
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Oh, Y. (2019). Structure of Sustainability Valuation. In: Sustainability Valuation of Business. SpringerBriefs in Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-18648-7_1
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