13. The Future: Toward Full-Spectrum Accounting - Alice Tepper Marlin 808

 In this program, Hazel Henderson discusses with Alice Tepper-Marlin, president-emeritus of SAI International and founder of 10-Squared, the future of accounting for ethical, social and environmental performance of portfolios, companies and governments.  This important tool of transition management is full-spectrum accounting, a multi-disciplinary method.  This goes beyond the earlier money-based models evaluating life-cycle costs and recognizing 6 kinds of capital: financial, built facilities, intellectual, social, human and natural capital.  These broader metrics are now promulgated globally by the International Integrated Reporting Council (IIRC) and the Global Reporting Initiative (GRI) and in the USA by Sustainable Accounting Standards Board (SASB), chaired by Michael Bloomberg.  At last, the obsolete models in traditional economics permitting social and environmental costs to be “externalized” is exposed as irresponsible.  Tepper-Marlin describes her latest venture 10-Squared, another transition management innovation and management tool for companies to achieve better social and environmental performance goals.  Ethical Markets Transforming Finance Series, @2015