Camilla Cavendish (FT Weekend, Opinion, June 27) asks “can we build back better” by incorporating green goals in post-pandemic recovery plans suggesting climate disclosure reporting as part of the solution. Good, but not enough.
Government should consider a broader objective aligned to corporate social responsibility reporting.
Too often governments, companies and individuals are driven by P&L reporting at the expense of a focus on the balance sheet. By asking did our actions add to, or subtract from, societal and environmental balance sheets you get different answers and are driven to ask different questions. For example, how many walkers in the Lake District realise that, without the annual intervention of the National Trust to rebuild paths, they are damaging the environment while enjoying it.
Looking after the interests of our children and grandchildren is a form of balance sheet thinking. How much better it would be if we had a simple set of measures to judge progress.
Recent weeks have underscored the adage that politicians prefer making announcements over measuring outcomes. It is time to change the scorecard if we want to achieve our ambitions.
Past Chair of Visit Britain and past Trustee of the National Trust
Longborough, Gloucestershire, UK
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