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Accounting for Climate Change

by Robert S. Kaplan , Karthik Ramanna

Summary & Key Takeaways

Is your company’s sustainability strategy built on fuzzy math? In today’s Daily Briefing, Ryan and Emily reveal why current “spend-based” carbon reporting is a liability waiting to explode. Discover the revolutionary concept of “E-liability,” a framework that treats carbon emissions like financial debt rather than vague estimates. Learn how to swap spreadsheets for audits and turn regulatory pressure into a competitive advantage.

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About the Author

Robert S. Kaplan

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Robert S. Kaplan is the Marvin Bower Professor of Leadership Development, Emeritus at Harvard Business School. He is a global authority on management accounting, widely recognized for co-developing the Balanced Scorecard and Activity-Based Costing. Kaplan’s pioneering work on the 'E-liability' …

Karthik Ramanna

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Karthik Ramanna is a Professor of Business and Public Policy at the University of Oxford’s Blavatnik School of Government and a former faculty member at Harvard Business School. An authority on corporate reporting and sustainable capitalism, he co-authored the influential "Accounting for Climate …

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