How business can recognise the true value of people and communities
The new Social & Human Capital Coalition will help make business more successful and society more resilient, argues Peter Bakker.
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We need to fundamentally change how we recognise the true value of business.
Today only 20% of the market capitalisation of companies can be explained by financial assets like cash or real estate. This leaves 80% of total market value accounted for by intangible assets, such as intellectual property, customer relationships, natural capital assets, workforce skills and engagement.
Much of this intangible value can be categorised as social and human capital. The draft Social & Human Capita
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