Rethinking Capital

Busy creating climate and social equity, enabling companies to do the right thing

[Rethinking Capital @rethinking_cap]

Delighted today @IFRSFoundation unanimously agreed to our interpretation of IAS37. Elevating this out of technical #accounting, means from this FY 2024 #netzero can be profitable. Investments to meet #netzero commitments can be classified as #assets. See https://t.co/lSRIvsfMfE

[Rethinking Capital @rethinking_cap]

Delighted to publish briefing note for boards with @Boards4Climative - in effect to a new #InternationalAccountingStandard for #netzero commitments due be adopted by @IFRSFoundation in late April 2024. decisions. @IFVI @SocialValueInt @Pension4Purpose https://t.co/Olt2521SGJ

[Rethinking Capital @rethinking_cap]

To quote @TheArchers: 'Can #accountancy change the world - the importance hard-wiring environmental responsibility into every aspect of a business including having someone to assess the #environmental impact of all the decisions that are made.' #NEDs @TheCatalysts_io

[Rethinking Capital @rethinking_cap]

#NetZero commitments not recognised as a #contstructiveobligation... read @corporatedisclosure's article
#IFRSFoundation
https://t.co/orqKqMyOCL

[Rethinking Capital @rethinking_cap]

Informed decisions to meet or not meet #netzero commitments can’t be made using 22 year old Standards with unclear application. This started to change yesterday ...https://t.co/kHYMHgSmF7

[Rethinking Capital @rethinking_cap]

Read our explainer to tell the positive narrative of #normativeaccountingforintangibles. It's specifically directed at #CEOs, #boards, #investors, #banks, #insurers and civil society.
https://t.co/N8yTS3GB7w

[Rethinking Capital @rethinking_cap]

True accounting and accountability for #netzero commitments could arrive next Tuesday...https://t.co/PZ3QbgoQpc

[Rethinking Capital @rethinking_cap]

Brilliant article by @VladislavKaim @TheCatalysts_io in @FT @Sustainableviews ... In a post pandemic world, riven by war and financial crises, how to get #climate #activism back on the global agenda. https://t.co/tkODvtvdFX

[Rethinking Capital @rethinking_cap]

... exploring opportunities to persuade corporate stakeholders to change the way they look at the investments in #netzero by framing them as such... #normativeaccountingforintangibles… @VladislavKaim #upsidedownincentives #netzeroscatalyst
https://t.co/BCmAIOvQTR

[Rethinking Capital @rethinking_cap]

...accounting for #intangibles, transforms #NetZero from cost to asset... Emerging technologies like #AI & #blockchain can help materialize this vision... usher[ing] in a new era of regenerative economics. @davidorban @TheCatalysts_io #upsidedownincentives #normativeaccounting

[Rethinking Capital @rethinking_cap]

'A balance sheet must represent the diverse sources of value to properly incentivize a modern organiz'n in world of global diversity, human agency, ESG, & #intangibles. #Normativeaccounting is the solution.' Edward Jung @IntellectualVentures @microsoft https://t.co/BCmAIOvQTR

[Rethinking Capital @rethinking_cap]

@inclusivecap Thank you @inclusivecap for your support #normativeaccountingforintangibles #upsidedownincentives #rootcause #netzero

[Rethinking Capital @rethinking_cap]

'A GAAP for our times. #Normativeaccounting provides a key to unlock much-needed #tangible and #intangible investments for the great climate transition and have them recognised positively on the balance sheet.' #rootcause #netzeroscatalyst https://t.co/BCmAIOvQTR

[Rethinking Capital @rethinking_cap]

@hugorifkind Problem = monetarism = rising prices are ALWAYS 2 much £££ chasing 2 few goods. Central banks believe 🔼 IR = antidote. But, inflation today = global supply network finding balance post COVID. Raising IR = crazy, inflationary + adding fuel to fire. https://t.co/iG6y4aH4Sp

[Rethinking Capital @rethinking_cap]

@Daviddeweerdt: #normativeaccountingforintangibless assigns fair value to #Masai stewardship of vital East African ecosystems & will reward funders for doing the right thing. Special Advisor, #masai Elders Council of #kenya, https://t.co/BCmAIOvQTR

[Rethinking Capital @rethinking_cap]

‘A fresh approach ...that can facilitate improved board-level understanding and stewardship of intangible assets to accelerate the net zero transition.….” @EmilyFarnworth. Read joint note. https://t.co/ea6sXa3CRP
#nonexecutivedirectors #boards #netzero

[Rethinking Capital @rethinking_cap]

@TheCatalysts_io is a spin-out of Rethinking Capital & a social enterprise founded for the common good... What decisions are possible if #normativeaccounting for intangibles becomes the rules of the game?” #netzero #rootcause #upsidedownincentives
https://t.co/BCmAIOvQTR

[Rethinking Capital @rethinking_cap]

@racheltyso @FT Sustainable Views re IIGCC on investors putting audit committees on watch over omission of climate risks in climate reporting.
This must change. Recognise constructive obligations?
#sustainability #climatechange #netzero #intangibleassets
https://t.co/Aj6rbZcdIY

[Rethinking Capital @rethinking_cap]

Listen to @andywot @rethinking_cap with #MattOrsagh #CFAInstitute discuss how #normativeaccounting & #accounting for #intangibles flip incentives for sustainable finance & help solve climate change.
#intangibleassets #capitaliseintangibles
https://t.co/ANsjTxWFMl

[Rethinking Capital @rethinking_cap]

Crisis is necessary component of what we’re going through… @RobertMcGarvey1 & @andywot @rethinking_cap discuss role of crisis in questioning foundational assumptions of modern capitalism. #Interchange #podcast host @AlexandraKod #capitaliseintangibles https://t.co/t4gBUzcalO