This paper focuses on the new business practice that DNV GL sees emerging to create value today in a way that represents a net benefit for a sustainable future – in other words, realizing tomorrow’s value. We call this ‘Tomorrow’s Value Practice’, which:
- enables companies to measure, value and account for environmental and societal dependencies and impacts on a broader range of capitals.
- transparently provides information on issues relevant to company performance, and operational decision making.
- supports checking the robustness of decisions, and the medium and long term viability of operations and value creation.
- backs a company’s explanation of its purpose and vision beyond merely delivering profits to shareholder – in other words, its role in tackling the key social and environmental challenges facing the world.