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Natural capital and externality accounting within large South African organisations

Mini Dissertation (MBA)--University of Pretoria, 2017.

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Other Authors: de Carcenac, Daniel
Format: Thesis
Language:English
Published: University of Pretoria 2017
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access_status_str Open Access
author2 de Carcenac, Daniel
author_browse de Carcenac, Daniel
author_facet de Carcenac, Daniel
collection Thesis
dc_rights_str_mv © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria.
description Mini Dissertation (MBA)--University of Pretoria, 2017.
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institution University of Pretoria (South Africa)
language English
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license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2017
publishDateRange 2017
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publisher University of Pretoria
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spelling oai:repository.up.ac.za:2263/59849 Natural capital and externality accounting within large South African organisations de Carcenac, Daniel ichelp@gibs.co.za Bhaidas, Avir UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. In a world with finite natural resources, the prevalence of economic models which exclude environmental impacts signals a non-sustainable business context. A paradigm shift is required to ensure that sustainable economic growth is achieved without further environmental degradation. The research investigated the organisations' thinking surrounding aspects of natural capital, which include their interpretation, reporting and the range of valuation methods being utilised. In addition perspectives on deemed barriers and enablers to achieve natural capital accounting in South Africa have been explored with the intent to reduce potential market failures or opportunity costs incurred by society. Through semi-structured interviews with 15 experts, nine Johannesburg Stock Exchange (JSE) listed organisations across four industries, namely mining, banking, food retail and brewing, the study qualitatively explored the level of sophistication of natural capital accounting in South Africa and presents an enablement model for natural capital accounting. The results indicate that the influence of conventional economic paradigms, coupled with lack of knowledge flows and institutional voids has marginalised natural capital, creating an unquantified social cost. While institutional voids exist, there remains an opportunity for business and stakeholders to align and manage natural capital more pragmatically and create truly sustainable businesses. ms2017 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2017-04-07T13:06:02Z 2017-04-07T13:06:02Z 2017-03-30 2017 Mini Dissertation Bhaidas, A 2017, Natural capital and externality accounting within large South African organisations, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/59849> http://hdl.handle.net/2263/59849 en © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Natural capital and externality accounting within large South African organisations
title Natural capital and externality accounting within large South African organisations
title_full Natural capital and externality accounting within large South African organisations
title_fullStr Natural capital and externality accounting within large South African organisations
title_full_unstemmed Natural capital and externality accounting within large South African organisations
title_short Natural capital and externality accounting within large South African organisations
title_sort natural capital and externality accounting within large south african organisations
topic UCTD
url http://hdl.handle.net/2263/59849